RSS Updates
Email UpdatesHome Valuations – Residential Moving Coverage
What are Home Valuations?
Home valuations tend to be seen as identical to insurance coverage, when in fact these two things are mutually exclusive. Valuation, as defined by Dahill Moving and Storage’s service partner Mayflower Transit, is an optional means of protecting your belongings by establishing a level of carrier liability for any cargo loss or damage while your shipment is in the carrier’s custody. Valuation as a way of determining liability is unique to various carriers, and any given tariffs may contain other conditions on a case-to-case basis.
Unlike insurance, valuation gives customers the option to declare the level of liability they want the carrier to take on. As a form of coverage, home valuations are definitely on the more basic side. They cannot cover acts of God, hostile or war-like actions, terrorist activities, defects or inherent nature of covered items, acts or omissions of the customer or delays caused by strikes, lockouts, labor disturbances, riots or civil commotion. These are things that insurance may be able to take into account, with an appropriate adjustment of premiums.
admin @ December 20, 2009
Your blog keeps getting better and better! Your older articles are not as good as newer ones you have a lot more creativity and originality now. Keep it up!
And according to this article, I totally agree with your opinion, but only this time!