Valuation plans
Option A
Default Valuation $0.60/lb/item. Default client’s declaration of value is $0.60/lb/item. This valuation is provided free of charge in any rate or estimate of services provided to client by Paradise moving & storage. The liability to the Paradise moving & storage is limited to $0.60/lb(pound)/item.
Example: 50lb desk x $0.60/lb = $30 Paradise moving & storage liability
Option B
Full Replacement Value Coverage, with deductible: Paradise moving & storage will repair the damage to client’s satisfaction, pay him for the lost or damaged articles (less the $500 deductible), or replace the lost or damaged article for any amount over the $500 deductible. The $500 deductible applies to the entire shipment rather than each individual article. This level of coverage costs $40.00 per $1,000 of declared value. The minimum of $5,000 declared value is required for this option. Option B applies only to a full replacement valuation under $20,000.00.
Examples:
- $5000 coverage – $200,
- $7500 coverage – $300,
- $10000 coverage – $400,
- $20000 coverage – $800
Option C
Full Replacement Value Coverage, with no deductible: Paradise moving & storage will repair damage to client’s satisfaction, reimburse him for the replacement cost, replace lost or damaged articles. This level of protection costs $50.00 per $1,000 of client’s declared value of the entire shipment. The minimum of $5,000 declared value is required for this option. Option C applies only to a full replacement valuation under $20,000.00.
Examples:
- $5000 coverage – $250,
- $7500 coverage – $375,
- $10000 coverage – $500,
- $20000 coverage – $1000
Exclusions:
- Furniture composed of particle board or pressboard
- Lamps, lampshades, pictures, mirrors, artwork, glass, marble, vases or statues not packed by Paradise moving and storage.
- Items found broken in boxes not packed by Paradise moving and storage.
- Mechanical condition of electronic, audio/visual, computer or battery-operated equipment in transit or storage
- Previously damaged or repaired items
- Previously damaged or loose veneer
- Furniture with the original glue dried out.
- Any loose items not boxed
- Plants (live, artificial, or dried); If one item in a set is damaged, only that one item is covered, not the whole set.