Valuation Protection

Small enough to care,
BIG enough to get the job done.

Protect Your Move

Anchor provides two options to cover loss or damage to your goods while they are in Anchor’s care, custody and control. The value you select sets our maximum liability. This liability is not an insurance agreement governed by insurance laws. Instead, it is required by federal law for interstate shipments and authorized under rulings of the Surface Transportation Board of the U.S. Department of Transportation.

Option 1 – Full Value Protection, The most comprehensive plan

Lost, damaged or destroyed articles will, at Anchors’ discretion, be either repaired or replaced with articles of like kind and quality. Or, Anchor will issue a cash settlement for repair or replacement of articles at their current value, regardless of their age. Under this option, you have two choices:

  1. Full Value Protection based on weight. This is calculated at $6.00 per pound times the weight of your shipment, with a minimum of $10,000. If your shipment is moving on a binding estimate, the estimated weight determines your amount of coverage.


  1. Lump Sum. You can declare a lump sum amount higher than $6.00 per pound times the weight of your shipment and more than $10,000. For example, you can declare the value of your shipment to be $40,000. The cost for Full Value Protection at $6.00 per pound will be included on your estimate form. To declare a higher value, you must advise your salesperson and sign for the additional coverage, subject to the minimums. For example, if your shipment weighs 4,500 pounds, the minimum value is $27,000 (4,500 pounds multiplied by $6.00 per pound). If you think replacement of all your goods will cost more, you can declare a higher amount based on your estimate. The cost for additional coverage is available on request and will be included in an estimate after you request it. If you do not declare a lump sum value, you will receive the default coverage ($6.00 per pound, minimum $10,000) subject to a charge for the amount, as specified in our tariff.

You also have two deductible options for Full Value Protection: $250 and $500 per shipment. The cost of coverage is less with a deductible and will be shown on your estimate. However, if articles are lost, damaged or destroyed, and the cost to repair or replace them is less than the deductible amount, you will not be reimbursed for them. If the cost to repair or replace items is more than the deductible selected, the amount of the deductible will be deducted from amounts due to you.

Option 2 — Minimal Protection – 60 Cents Per Pound Per Article, the most economical option

This level of protection is provided at no additional cost. Anchor assumes liability for no more than 60 cents per pound per article for loss or damage. This means that claims are settled based on the weight of the individual article(s) multiplied by 60 cents. For example, if a ten-pound stereo component valued at $1,000 were lost or destroyed, Atlas would be liable for only $6.00 (ten pounds multiplied by 60 cents). This value option is considerably less than the typical value of household goods, so think carefully before agreeing to it. There is no additional cost for this minimal protection, BUT you must specifically sign to obtain it.


If all or part of your shipment is placed into storage-in-transit, the valuation amount you have selected applies while your shipment is in storage-in-transit. For Full Value Protection, there is an additional valuation charge for each 30-day period (or portion of) that your shipment remains in storage-in-transit. After a specified time (generally 180 days), your shipment will convert to permanent storage. At that time, you will need to arrange with the local agent for continued coverage.

What You Must do to Declare a Value on Your Shipment

The Customer’s Declaration of Value you sign with Anchor contains a place for you to make your valuation selection. If you do not sign for valuation, you will automatically receive and be charged for Full Value Protection ($6.00 per pound, minimum $10,000) with no deductible.