Protecting Your Valuables
YOU HAVE OPTIONS
Carrier Liability Options
The Illinois Commerce Commission licenses and regulates movers within the state of Illinois. Licensed
professional movers must comply with ILL C.C. standards regarding your move. This governmental
agency insures all licensed movers offer three types of coverage when moving your household goods.
Minimum Released Liability—You release your goods to a minimum coverage of $0.30 per pound per
item. This is included in your transportation rate.
Declared Value Coverage– If you do not expressly release your shipment to a value of $0.30 per pound, the
value of your goods will be determined by multiplying the weight of the shipment by $2.00 per pound. The
additional transportation charge for this coverage is $5.00 per $1000.00 of value. You have the option to
declare a higher value.
Full Replacement Insurance— For a reasonable charge, insurance can be purchased to cover all items
carrier packed and moved against lost or damage. This coverage ensures your belongings are covered for
repair, replacement or reimbursement if repairs cannot be made for up to 100% of their current retail
value. There are two choices of deductibles.
Example of Shipment Liability and Claim Settlement
Claimed Item = Dinning Room Table current value is $1,000
depreciated value is $700.00
weighs 200 lbs.
Minimum Released Liability
200 lbs. table at $0.30 per pound = $60.00
Declared Value Coverage
Cost of repair not to exceed depreciated value of table. If the
table is not repairable, then the mover’s maximum liability is the depreciated value of the table. = $700.00
Full Replacement Insurance
Cost of repair not to exceed current market value, less any applicable deductible. If the table is not
repairable, then the mover’s maximum liability is $1,000 for a table of like kind and quality, less any
applicable deductible.
Trip Transit Insurance
Century Moving, through its insurance carrier Transguard Insurance, can provide full replacement
coverage on your belongings during your relocation. The cost is as follows:
Declared Value
With 0 Deductible
With $250 Deductible
$25,000
$242.00
$117.00
$30,000
$295.00
$144.00
$35,000
$340.00
$192.00
$40,000
$367.00
$235.00
$50,000
$417.00
$271.00
$60,000
$520.00
$348.00
$70,000
$565.00
$377.00
$80,000
$639.00
$460.00
$90,000
$674.00
$531.00
$100,000
$691.00
$551.00
$125,000
$742.00
$592.00
$150,000
$804.00
$644.00
Coverage While In Storage— To maintain insurance coverage while in storage a monthly charge of 18%
of the trip transit premium will apply.
We always suggest you should consult with your insurance company to see if your policy provides any
insurance coverage for your household goods while in-transit.
951 N Main St. Lombard IL 60148
630-889-2700 or 800-304-1688
www.centurymove.com