Under Federal law, interstate movers must offer two different liability options referred to as valuation coverage: Full Value Protection and Released Value.

Full Value Protection

Under Full Value Protection, Swiftway And the Insurance provider is responsible for the replacement value of lost or damaged goods in your entire shipment. This is the more comprehensive, but also more expensive, At the cost of 1.00 % of Value Declared this is a option for protecting your belongings. Unless you choose the Released Value option, described below, your mover will automatically move your belongings under this level of liability.

While moving, if any of your items are lost, destroyed, or damaged, your mover will offer to do one of the following for each item:

The exact cost for Full Value Protection you will be subject to deductible This will Vary depending off your choice. Off %

Under this option, movers are allowed to limit their legal responsibility to loss or damage to items of “extraordinary value”, meaning items that are valued more than $100 per pound (such as jewelry, china, or furs). However, if you specifically list these items on the shipping documents, your mover is still responsible for their safe delivery. Ask your mover for a written explanation of this limitation before your move.

Released Value Protection is the most economical option because it doesn’t cost anything. It is offered by movers at no additional charge, but the protection is minimal. Under this option, the Swiftway is responsible for no more than 3.75 cents per pound per article. For example, if your mover lost or damaged a 50 inch TV weighing 25 pounds, you would only receive $93.75 (3.75 cents x 25 pounds).

Unless a Higher Volume is declared and purchased at the cost of 1.10$ per Hundred

If you choose this option, you must sign a specific statement on the bill of lading or contract agreeing to it. Just remember that you will only be compensated according to the weight of the item, not its actual value. If you do not select Released Value Protection, your shipment will automatically be transported at the Full Value Protection.