SUPER Federal law requires interstate movers to offer two levels of liability coverage. You have the right to choose the option that best fits your needs.
Option 1: Full Value Protection (FVP)
Under Full Value Protection, the carrier is liable for the replacement value of lost or damaged items in your shipment. This is the more comprehensive coverage option.
How It Works
- Minimum coverage: $6.00 per pound multiplied by the weight of your shipment (minimum valuation of $6,000)
- If an item is lost, destroyed, or damaged, the carrier will either repair the item, replace it with a like item, or provide a cash settlement for the current market replacement value
- An additional charge applies based on the valuation table in our published tariff
Deductible Options
You may choose from three deductible levels. A higher deductible reduces your valuation charge:
| Deductible | What You Pay Out of Pocket | Valuation Charge |
|---|---|---|
| $0 Deductible | Nothing — carrier covers full replacement value | Highest rate (see tariff) |
| $500 Deductible | First $500 of any claim | Reduced rate |
| $1,000 Deductible | First $1,000 of any claim | Lowest rate |
Option 2: Released Value ($0.60 per Pound per Article)
Released Value is the most economical option and is included at no additional charge. Under this option, the carrier's maximum liability is limited to 60 cents per pound per article.
Important Examples
Example 1: A 50-lb television worth $1,500 is damaged beyond repair.
Maximum carrier liability: 50 lbs × $0.60/lb = $30.00
Example 2: A 100-lb dresser worth $800 is scratched during the move.
Maximum carrier liability: 100 lbs × $0.60/lb = $60.00
Example 3: A 10-lb laptop worth $2,000 is lost.
Maximum carrier liability: 10 lbs × $0.60/lb = $6.00
As these examples show, Released Value may not adequately cover high-value or lightweight items. Consider Full Value Protection if your shipment contains valuable belongings.
Extraordinary Value Items
Items valued at more than $100 per pound must be specifically declared on the shipping documents. If you do not declare these items, the carrier's liability may be limited.
Common extraordinary value items include:
- Jewelry and watches
- Electronics (laptops, tablets, cameras)
- Artwork and sculptures
- Antiques and collectibles
- Musical instruments
- Furs and designer clothing
- Coin and stamp collections
- Important documents and records
Comparison at a Glance
| Feature | Full Value Protection | Released Value |
|---|---|---|
| Cost | Additional charge (per tariff) | No additional charge |
| Coverage | Replacement value | $0.60/lb per article |
| Deductible options | $0 / $500 / $1,000 | None |
| Minimum valuation | $6,000 or $6.00/lb × weight | $0.60/lb per article |
| Best for | High-value shipments | Budget-conscious moves |
Insurance vs. Valuation
Valuation coverage is not insurance. It is the carrier's liability for loss or damage based on federal regulations. Super Ivan LLC maintains all required insurance as mandated by FMCSA, including commercial auto liability and cargo coverage. If you want additional protection beyond our valuation options, you may purchase third-party moving insurance from an independent provider.
How to Select Your Coverage
You will choose your valuation option when you receive your estimate and sign the Bill of Lading before your move. Your moving coordinator will explain both options and answer any questions.
If you do not select Full Value Protection in writing, your shipment will automatically be transported under Released Value ($0.60/lb per article).
Filing a Claim
If you experience loss or damage during your move, you must file a written claim within 9 months of the delivery date. For the complete claims process, visit our Claims page.
Questions?
Contact us to discuss which valuation option is right for your move:
- Phone: (786) 747-8516
- Email: info@superivanllc.com
- Learn more: Your Rights and Responsibilities