Category Archives: Household Goods Management

Are You Underinsured?

“What is carrier valuation?” Carrier valuation is a declaration by the transferring employee (person being moved) of the maximum amount of the carrier’s liability in the event of a transit-related loss or damage of their household goods.

Valuation is not insurance. In other words, valuation provides a certain level of protection for loss or damage caused by a carrier while the shipment is in the care, custody, and control of the carrier. The amount of coverage is predetermined prior to the move and may not be sufficient in the event of a loss.

WHAT DOES IT COVER?

When you move, your personal property is loaded onto a moving truck. While most moves go smoothly, accidents do happen and some items may be lost or damaged during shipment.  Prior to the move a carrier representative will discuss with the transferring employee the amount of liability the carrier is responsible for in the event of loss or damage. At the time of the move a descriptive inventory list will be developed by the carrier and the transferring client. This list includes the count and condition of the shipped items when they come into the care, custody, and control of the carrier. At times the client may have certain items that carry a higher value than normal such as artwork, jewelry, collectibles etc….

It is our recommendation that items of high value such as jewelry, coins, and collectables be moved personally by the transferring employee.  If they are is unable or unwilling to do this, then these items must be recorded and reported on a special form called the high value inventory form.   The determination of the value of the transferring employee’s entire shipment is a very important part of the moving process and is pre-determined by the transferring employee prior to the move.

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Car Shipping: Three Fast Facts

imagesThinking about shipping your car? Well, you’re not alone. The $12 billion industry is not only the most dependable means of safely transporting your vehicle from one destination to the next, but it is also less expensive, saving you from dropping money on expensive gas and avoiding the cost of wear and tear repairs.

But like any other process, shipping your car requires some thought and care. If you’re looking to transport your vehicle across the country, here are three things you should keep in mind:

You can’t store items in your vehicle.

While it might seem like a convenient move to ship your car cross-country with all of your belongings inside of it, most auto shipping companies will not allow it for both liability and safety reasons. In the case that they do allow you to ship your items, they will allow between 50 and 100 pounds of cargo.

Pricing will vary depending on distance and season.

If you choose to move your car during the summer months, it’s likely that you’ll pay more as it’s the peak season. Shipping your car during the winter will typically save you money. Additionally, pay attention to mileage, because it counts. Trucking a car to from Houston to Chicago, for example, would cost around $550. But to ship a car cross country safely, from New York to San Francisco for example, it would cost around $1,000.

Research auto shipping companies wisely.

While there are many auto shipping companies out there, it’s important to find one that provides transparency, professionalism, and impeccable service. A good auto shipping company will work with you every step of the way, and will make sure that your car is not only transported safely, but the process is as simple as possible.

Source: DAS

Shipping your Personal Vehicle Overseas

indexYou’re getting ready to organize your personal effects shipment overseas and have inventoried all of your household goods.  An international freight forwarder has visited your residence to provide an estimate and routing advice to dispatch your goods so they’re available to collect when you arrive in your new country.  But what about your vehicle?

Some people may choose to sell their vehicle locally and purchase a new one at destination.  Others may insist that their car or truck be shipped along with their household goods.  Perhaps you own a classic car and can’t entertain the thought of selling it.

In any case, you have several things to consider before making a decision:

  • Verify that your vehicle is eligible to be exported from the US and that the receiving country will allow the importation.  The rules for every country are different, so check this out in advance.  For instance, cars of a certain age may not be allowable at destination.  If they are, customs duties and taxes vary based on the value declared, age of car, engine size and whether it is environmentally compliant.
  • Are you able to produce copies of proof of ownership or registration and other documentation required for export and for the customs importation at destination?
  • Remember that your vehicle will consume a significant amount of space in the container based on its cubic measurement and weight. If your household contents and your vehicle warrant a full container load, your costs are more controllable. If it’s less than a container load, your ocean rate is based on the cubic measurement or weight of the vehicle.
  • Gasoline, oil and other fluids in your vehicle may be considered hazardous. Most ocean carriers will demand that you drain these fluids from and disconnect or remove the battery to prevent any chance of accident.
  • Insurance is available for your overseas vehicle shipment, but with certain limitations. Carriers have limited liability that will likely pay a small fraction of what your car is worth.  Purchasing a marine insurance policy will cover most perils, but will include several exclusions such as marring, chipping, scratching, discoloration and mechanical derangement.  Therefore, it’s advisable to have the insurance company inspect your vehicle with you to identify any previous damage and make notations on the policy.  If your car has a high value, consider a professional appraisal that you can submit to the insurance underwriter prior to shipping.
  • Check with your international moving company to determine if you’re allowed to use the vehicle as extra packing space. However, loose items packed in a car for transport are a risk and may be prohibited.  And your marine insurance policy may not cover those loose items.
  • There are international freight forwarders who specialize in moving vehicles but not necessarily your household goods. Chances are you would prefer all of your goods to enter the country of destination as a single shipment which results in freight cost savings as well as reduced customs clearance fees on import.
  • Finally, make sure that your chosen international freight forwarding company is properly certified and recognized by the Federal Maritime Commission.
Source: Accelerated International Forwarders