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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:

  1. Furniture composed of particle board or pressboard
  2. Lamps, lampshades, pictures, mirrors, artwork, glass, marble, vases or statues not packed by Paradise moving and storage.
  3. Items found broken in boxes not packed by Paradise moving and storage.
  4. Mechanical condition of electronic, audio/visual, computer or battery-operated equipment in transit or storage
  5. Previously damaged or repaired items
  6. Previously damaged or loose veneer
  7. Furniture with the original glue dried out.
  8. Any loose items not boxed
  9. Plants (live, artificial, or dried); If one item in a set is damaged, only that one item is covered, not the whole set.
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