Placing a Value on Your Shipment

Full (Replacement) Value Protection

This is the most comprehensive plan available for the protection of your goods. Under this valuation option, often referred to as “full value protection” or “full replacement value”, articles that are lost, damaged or destroyed will be (at Vanliner’s Adjusters discretion) either repaired, replaced with like items, or a cash settlement will be made for the cost of the damaged item. Depreciation of the lost or damaged item is not a factor in determining replacement value when the shipment is moved under the Full Value Protection option.

Under this valuation option, Shepard’s is permitted to limit liability for loss or damage to articles of extraordinary value, unless you specifically list these articles on the shipping documents. An article of extraordinary value is any item whose value exceeds $100 per pound (for example, jewelry, silverware, china, furs, antiques, oriental rugs and computer software). Ask Shepard’s for a complete explanation of this limitation before your move. It is your responsibility to study this provision carefully and to make the necessary declaration.

Contact Shepard’s for the exact cost for the Full Value Protection option. The cost for Full Value Protection may be further subject to various deductible levels of liability that reduce your costs.