K. Transit Limits:
(1) Household Goods:
Coverage is to attach from date the Moving Company accepts property at origin residence which is the date shown on the Moving Company’s origin shipping inventory and is continuous during the normal course of transit until the Moving Company delivers the property at destination residence provided that all other terms and conditions of this are met. The origin and destination referred to in this clause means the FROM and TO, as appropriate locations specified on this certificate.
(2) Automobiles, Motorcycles and Boats:
Coverage is to attached from the date that the automobile, motorcycle or boat is placed in the custody of the Moving Company or Steamship Company and continues until the automobile, motorcycle and boat is delivered to the destination specified on this certificate, provided it is not operated on public or private roads under its own power. Further, coverage does not apply for any period exceeding 72 hours at destination ocean port, should the ocean port be the final destination. Excluding Recreational Vehicles.
(3) Storage In Transit Coverage Extensions:
Coverage is intended to apply within the country of final destination for a period of 60 days or as otherwise agreed provided that the property is stored in an enclosed, protect commercial Moving Company’s household goods warehouse under the care, custody and control of the Thru-Bill of Lading Moving Company (or their designated agent). Mini-storage and/or self-storage facilities are excluded. Storage may be extended for additional periods of time storage subject to prior special written notice and payment of additional premium to Wells Fargo Insurance Services.
L. Other Insurance:
This insurance does not cover to the extent of any other insurance, whether prior of subsequent hereto in date and by whomsoever effected, directly or indirectly covering the same property, and the Company shall be liable for loss or damage only for the excess value beyond the amount due from such other insurance.
M. Subrogation Clause:
The Company shall be subrogated to the extent of their payment for losses insured hereunder and to the insured’s rights to recovery against any person or organization; excepting the origin and destination freight forwarders who performed pickup, packing, delivery and unpacking services in connection with the movement of the shipment other than in the event of gross negligence. All provisions of this clause notwithstanding, it is hereby warranted that the Insured shall take all necessary actions to protect the Company’s rights of subrogation against culpable parties. Failure to take such action, causing prejudice to the Company’s rights of subrogation, may result in denial or reduction of the claim.
N. Burden/Duty of Insured:
The burden of proof is upon the Insured to establish that loss and/or damage was incurred while under the ambit of this certificate’s coverage. It is the duty of the Insured and their agents, in all cases, to take such measures as may be reasonable for the purpose of averting or minimizing a loss and to ensure that all rights against carriers, bailees, or other third parties are properly preserved and exercised. Failure by the Insured to fulfill these obligations could preclude recovery for any claimed loss and/or damage.
O. High Value Articles:
Any item with an individual value of 4% or more of the total value of the entire Insured shipment is defined as a “High Value Article”. Items in this category must be specifically described, declared and valued in writing before the date property is picked up from the origin specified in this certificate.
P. Premium Payment:
Where the named insured herein has not paid premium directly to Wells Fargo Insurance Services, any party receiving premium from the herein named insured is construed as the Insured’s agent for payment of said premium to Wells Fargo Insurance Services, and failure of Wells Fargo Insurance Services to receive such premium will void any coverage under this certificate.
Survey Inspection Fees are payable by this company only with prior consent by Wells Fargo Insurance Services.
There cannot be any abandonment of any insured property to the Underwriters or anyone else.
S. Assignment of Certificate:
This certificate shall be void if assigned or transferred without the written consent of this Company.
T. Total Loss/FPA
Warranted free of particular average unless caused by stranding, sinking, burning, and/or collision of the vessel; but to pay the insured value of any merchandise and/or goods jettisoned and/or washed overboard, irrespective of percentage No coverage for partial loss. Including theft and or non delivery of the entire shipment
This insurance is subject to the American Institute Cargo Clauses current on date of attachment of risk hereunder. Note SR&CC War Risk Insurance is included.
Remember the Following:
Items not declared and valued are not insured
Take into consideration what your items will be worth at your new residence, not what they’re worth before they’re shipped.
If you’re shipping a car, don’t use it as a shipping container.