Worker’s compensation insurance -carried by Saco movers- significantly increases the cost of doing business for the moving company. The maximum amount for your maximum estimate alternates with the tariff charges applicable based on the actual weight of the shipment, with the customer paying the lesser of the two amounts. Also inform the van line agent if you add or subtract items from your planned shipment. The Total Loss Only (TLO) type of insurance is designed to protect your goods only against a catastrophe. A catastrophe would be considered as any occurrence such as fire, flood, truck accident, stolen truck, etc., resulting in total damage or total loss of the shipment. This type of insurance is called Total Loss Only, or TLO, and is defined as an insurance type that offers coverage compensating for damages or losses only in case of 100% damage or loss to the shipment. This insurance type will not compensate for any individual items damaged or lost. |
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