HW Shipping is pleased to offer transportation insurance coverage for all shipments through Executive Insurance Services. Below is detailed information regarding coverage types available. If you need further information, please email us at info@hwshipping.com.

You may insure your shipment for REPLACEMENT COST (All Risk) or NAMED PERILS (Total Loss). A brief explanation follows:

REPLACEMENT COST coverage pays for repair or replacement without depreciation. All items in the shipment must be insured for their current replacement cost. A valued inventory must be completed, listing all items in the shipment with individual values.

NAMED PERILS coverage limits payment to damages and/or loss that happen as a direct result of perils named on the certificate (i.e. fire, lightning, windstorm, hailstorm, tornadoes, collision or overturn of the transporting conveyance, sinking or burning of the vessel and aircraft crash).

All coverage's require the shipment to be insured to 100% of its value. The conditions of coverage won't permit selectively insuring only certain high value or expensive items in the shipment. If you fail to insure your shipment for 100% of its value, you could be subject to a co-insurance penalty in the event of a claim.

EXAMPLE: If your shipment is worth $10,000 and you only insure it for $5,000, and you have an established loss of $500, the maximum you could be paid is $250. This payment would represent the 50% for which the goods were insured.

We strongly suggest that you complete an application or valued inventory detailing the contents and values of the goods in your shipment. However, in the event you elect to declare a lump sum valuation on your goods with no supporting breakdown, you must still declare any "HIGH VALUE ITEMS" in the shipment. As a general guideline, any item with an individual value of 2% - 5% of the value of the entire shipment would be a high value item. 

STORAGE - IN - TRANSIT

Some Executive Insurance Services clients have Storage-in-Transit coverage that differs from the 60 days noted on the certificate. Please check with your mover to see how long your goods will be covered should they go into storage. If storage exceeds the allotted amount of time, arrangements must be made to continue the insurance. The Storage Extension Request Form, found on the bottom of the certificate, should be completed and additional premium sent to EIS. If an extension is not requested, coverage will cease following the original SIT period. If your shipment will be in storage more than 6 months, contact the mover to discuss the possibility of converting the insurance coverage to Permanent Storage. PLEASE NOTE THE INFORMATION CONTAINED IN THIS SECTION APPLIES IF YOUR SHIPMENT REMAINS IN THE CARE, CUSTODY AND CONTROL OF THE MOVER. SELF-STORAGE AND MINI-STORAGE FACILITIES ARE NOT COVERED UNDER THIS INSURANCE. IF YOUR GOODS DELIVER INTO THIS TYPE OF FACILITY, COVERAGE CEASES AT THAT TIME.

CLAIM FILING

If your shipment sustains loss and/or damage, Executive Insurance Services must be notified of your Intent to File a Claim within 45 days of delivery. You then have an additional 90 days to submit your completed claim. Instructions must be complied with for your claim to be processed. If you require assistance, please contact EIS and we will be happy to help you, however, it is the Insured's responsibility to document and substantiate all claims.

The Moving Company may offer to assist you in procuring insurance coverage as a service and convenience only. The insurance contract is between the Insured and the insurance company. The Moving Company may attempt to answer questions or assist with any problems you may have. However, it is most important that you understand the mover is in the moving business and is not an insurance agent. Therefore, we stress the importance of reading the insurance certificate prior to commencement of your move.