When Full Value Coverage is requested, the protection begins when A. Duie Pyle picks up the shipment and continues until it arrives at its final destination. In the unlikely event of loss or damage your shipment is covered for the full insured value and there is no deductible. The insured value is 110% of the invoice value.
This is first dollar coverage and does not exempt loss and/or damage caused by Force Majeure conditions.
To activate Full Value Coverage, the shipper must check the Full Value Insurance coverage box and clearly indicate the value to insure in the space provided. Full Value Insurance coverage will be provided when both the Full Value Insurance box on the Bill of Lading is checked, and the value of the goods is provided.
If your invoice amount is greater than $100,000, please contact our Rates Department at .
Benefits of the Full Value option
- There is no per pound limitation. The insurance covers up to 110% of the invoice value declared.
- There is no deductible.
- Fast claim service.
Note: Concealed damage must be reported within five (5) days of delivery. Insurance coverage will exclude rust, oxidation, and discoloration. Electronics coverage is limited to visible damage only and excludes hidden electrical and electronic failure. Certain commodities are excluded from coverage.
Goods Excluded: Household Goods and Personal Effects; Antiques; Fine artwork paintings, drawings, statues, rare books and other works of art; Fine jewelry, fine watches; Precious stones, diamonds; Precious metals and bullion (Gold, platinum, silver, and other precious metals or articles); Money and currency; Accounts, bills, deeds, notes, securities, stock certificates, trading stamps, valuable papers, or documents, evidences of debt, letters of credit, tickets, passports, manuscripts, mechanical drawings; Recorded or electronic data and media; Used equipment and machinery; Contraband or property in the course of illegal transportation or trade; Furs; Live animals.
See our tariff for exclusions and conditions.
Subject to the terms and conditions of the policy.