Total Loss Only Insuring Agreement

INSURANCE CONDITIONS:

DEFINITIONS: Throughout this policy, "you" and "your" refer to the "insured" shown and "we", "us" and "our" refer to the Company providing this insurance.

PROPERTY INSURED: We cover your household/office goods and personal effects while in the possession of a licensed, approved Moving Insurance affiliate.

Insurance purchased as Total Loss Only Insurance must be purchased for a minimum $8.00 per pound for current replacement value coverage.

This insurance includes coverage while in storage at origin and/or destination within an approved warehouse for a total of 90 days starting from the packing date. Mini storages, self lock areas, garages and other like facilities are not considered approved warehouses. In case of a shipment being held in storage for a period of over 90 days starting from the packing date, the assured must promptly notify Moving insurance, LLC of the delay and pay an additional premium. For Truck Rental coverage, no storage coverage is offered and the coverage will expire after 30 days from policy start or effective date.

LIMITATIONS:

(1)  Payment is made only in the event of a total loss of the entire shipment; partial loss of the shipment or total loss of individual items does not constitute a total loss.

(2)  In case of the original moving company subcontracting this move to another moving company, the Assured must notify Moving Insurance, LLC and confirm that both companies are authorized by Moving Insurance, LLC.

(3)  In case of shipment being loaded and/or unloaded into a truck or a container by any person other than a Moving Insurance-authorized loading and unloading affiliate, this certificate will become null and void.

EXCLUSIONS:
We do not insure:

(a)  Accounts, bills, currency, deeds, evidences of debt, securities, money, notes, animals, jewelry, watches, precious or semi-precious stones, furs or garments trimmed in fur, alcohol, cigarettes, laptop or tablet computers, mobile or cellular telephones; loss of electronic data.

(b)  Against loss or damage caused by, resulting from, contributed to or aggravated by flood, surface water, waves, tidal water or tidal wave, overflow of streams or other bodies of water, or spray from any of the foregoing, all whether driven by wind or not.

(c)  Against loss or damage caused by or resulting from wear and tear, gradual deterioration, inherent vice, latent defect, moths, insects, rodents, vermin, mildew, wet or dry rot, atmospheric condition and or changes in temperature; breakage of glass or similar fragile articles; delay, loss of use or market.

(d)  War Risk and Governmental Action to the extent set forth in the War Risk and Governmental Action Exclusion.

(e)  Nuclear Hazard, to the extent set forth in the Nuclear Hazard Exclusion Clause.

(f)  Damages caused as a result of these being in the shipment: hazardous materials, items that are flammable, corrosive or explosive; perishables: food, plants or living things that may die or spoil in transit.

(g)  Appraisal fees, shipping charges, sales tax, items having no commercial value, or items of sentimental value.

(h)  Loss or damage due to contributory negligence on the part of the owner and/or their agents. Damages or loss attributed to an act, order, or omission on the part of the insured.

(i)  Loss or damage to goods, unless the claim is supported by a legitimate police or fire department report.

(j)  Loss or damage to real estate property.

(k)  Loss or damage while moving truck is under repair or in a repair facility.

(l)  Loss or damage arising out of the acts of any government, customs authority, or official confiscation. Consequential losses due to delay or any depreciation in value are not covered.

(m)  Physical loss or damage to the property carried out for political, terrorist, or ideological purposes when property is in storage.

(n)  Retail goods, Commercial goods, Merchandise for sale or exhibition.

(o)  Loss or damage to any shipment unless the premium for the insurance has been received by Moving Insurance, LLC.

AGENCY: It is understood and agreed that any person authorized by the named assured or shipper to order this insurance is acting as the agent of the Assured and is aware of the certificate terms and conditions. A customer signed certificate and terms and conditions must be received by Moving Insurance, LLC prior to moving date.

OTHER INSURANCE: If a loss covered by this policy is also covered by other insurance, we will pay only for the amount of covered loss in excess of the amount due from that other insurance, whether you can collect on it or not. But we will not pay more than the applicable Amount of Insurance.

DUTIES YOU HAVE AFTER LOSS: All claims for loss must be filed no later than 14 days from the date the loss occurred. Claims should be filed directly on our website at www.MovingInsurance.com. After filing you will be required to provide the following (a) description of how, when and where the loss occurred; (b) description of the property involved, and your interest in it; (c) the names and addresses of any witnesses; and (d) any documentation or official reports from local police or fire department agencies, supporting the claim.

The insurance carrier reserves the right to inspect and verify all reported damages and to require substantiation of any claims amounts, value of items claimed or proof of ownership.

DEDUCTIBLE: All loss or damage arising during the certificate period shall be adjusted in accordance with the valuations and limitation provisions of this certificate and will then be considered the "adjusted claim".From the adjusted claim or the applicable limit of this certificate, whichever is less, the sum stated under the applicable deductible amount shown in Declarations shall be deducted. Insurer shall have no obligations under this form until the claim exceeds the deductible.

MISREPRESENTATION AND FRAUD: This document shall be void if the Assured has concealed or misrepresented any material fact or circumstance concerning this Insurance or the subject thereof. Any person who includes any false or misleading information on an application for an insurance certificate is subject to criminal and civil penalties. Notwithstanding any requirement, term, or condition of any contract or other document with the respect to which this document is issued, the insurance afforded by the certificate listed on this document is subject to all the terms of such certificate. In the event that you file a damage claim, you must file first with MovingInsurance.com. You cannot receive compensation for damages from the insurance carrier and the moving company. It is illegal to collect twice on the same item(s).

EXAMINATION UNDER OATH: Before recovering for any loss you will, if requested: (a) permit us to inspect the damaged property before it is disposed of; (b) send us a sworn statement of loss containing the information we request to settle your claim. You must do this within 60 days of our request; (c) agree to examinations under an oath at our request; (d) produce others for examination under an oath at our request; (e) provide us with all pertinent records and reports needed to prove the loss; (f) cooperate with us in the investigation or settlement of the loss.

LOSS PAYMENT/OTHER RECOVERIES: We will pay or make good any insured loss under this insurance within 60 days after we reach agreement with you, the entry of final judgment or the filing of an arbitration award. We will not be liable for any part of a loss which has been paid or made good by others.

LEGAL ACTION AGAINST US: No one may bring legal action against us unless: (a) there has been full compliance with all terms of this insurance; and (b) No suit, action, or proceeding for the recovery of any claim under this certificate shall be sustainable in any court of law or equity unless the same be commenced within twelve (12) months next after discovery of loss, provided, however, that by the laws of the state within which this certificate is issued such limitation is invalid, then any such claim shall be void unless such actions, suit or proceedings be commenced within the shortest limit of time permitted by the laws of such state. Any and all legal suits, actions or proceedings must be filed in the state of New Jersey, United States.

TRANSFER OF YOUR RIGHTS OF RECOVERY AGAINST OTHERS TO US: If any person or organization to or for whom we make payment under this policy has a right to recover damages from another, that right must be transferred to us. That person or organization must do everything necessary to assist us, and must do nothing after the loss to hinder us in our recovery.

NUCLEAR HAZARD CLAUSE:

(a)  "Nuclear Hazard" means any nuclear reaction, radiation or radioactive contamination, all whether controlled or uncontrolled or however caused, or any consequence of any of these.

(b)  Loss caused by the nuclear hazard shall not be considered loss caused by fire, explosion, or smoke.

(c)  This policy does not apply to loss caused directly or indirectly by nuclear hazard, except that direct loss by fire resulting from nuclear hazard is covered.

WAR RISK AND GOVERNMENTAL ACTION EXCLUSION:

This policy shall not apply to loss or damage caused, directly or indirectly, by or due to any act or condition incident to the following: (a) Hostile or warlike action in time of peace or war, including action in hindering, combating or defending against an actual impending or expected attack, (1) by any government or sovereign power (de jure or de facto); or by any authority maintaining or using military, naval or air forces; or (2) by military, naval or air forces; or (3) by an agent of any such government, power, authority or forces, it being understood that any discharge explosion or use of any weapon of war employing nuclear fission or fusion shall be conclusively presumed to be such a hostile warlike action by such a government, power, authority or forces; (b) Insurrection, rebellion, revolution, civil war, usurped power, or action taken by governmental authority in hindering, combating or defending against such an occurrence, seizure or destruction under quarantine or customs regulations, confiscation by order of any government or public authority, or risks of contraband or illegal transportation or trade.

CHANGES: This policy contains all the agreements between you and us concerning the insurance afforded. Its terms can be amended or waived only by written change authorized by us and made a part of this policy. Notes added to Coverage Summary by the assured can not alter or change coverage in any way.

STRIKES EXCLUSION CLAUSE: In no case shall this insurance cover loss, damage or expense caused by:

1. strikers, locked-out workmen, or persons taking part in labor disturbances, riots or civil commotion
2. resulting from strikes, lockouts, labor disturbances, riots or civil commotions
3. caused by any terrorist or any person acting from a political motive.

GEOGRAPHIC RESTRICTIONS

Worldwide
Except as provided herein and in the terms of this policy, coverage shall extend worldwide from parts and places of the world to other parts and places of the world.

Door to Port Countries
Cover terminates after discharge at the port, airport or border (land shipments) of entry for transits to or through the following countries unless specifically endorsed otherwise on this policy: Armenia, Azerbaijan, Belarus, Burma/Myanmar, Georgia, Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, Uzbekistan, Pakistan, all of Continental Africa with the exception of South Africa.

Prohibited Countries
Cover may not be issued for shipments to/from the following countries unless specifically endorsed otherwise on this policy: Afghanistan, Crimea Region and Donetsk People's Republic (DPR), Cuba, Iran, Iraq, Libya, Nepal, North Korea, Somalia, Sudan & Sudan South, Syria, Yemen, Zaire, Zimbabwe and any other country on which the United States or United Nations has imposed trading sanctions.

Brazil, Mexico, Central America, Paraguay, CIS States

1. All shipments valued at $75,000 or greater must be accompanied by a professional security escort with the exception of heavy equipment, boilers, turbines and similar heavy unit cargo and heavy industrial goods where the escort is only required for values of $500,000 or greater (unit weight must exceed 5,000lbs or equivalent KG).
2. This escort can be waived to $125,000 only if a "virtual escort" is used such as those provided by professional security companies. For a "virtual escort" to be valid it must come from a third party and have a real time live monitor with geofencing provided from a remote location that can instantly call local police as necessary. The truck must also have a panic button that is working and active. Failure to have any of these components shall void coverage for theft, robbery, hijacking, pilferage, disappearance or similar.

Driving must occur between the hours of 6AM and 10PM or the following conditions apply:

1. When driving outside permitted hours coverage excludes theft, robbery, hijacking, pilferage, disappearance, or similar.
2. When a route (origin/destination pair) and departure time indicate that driving would likely have occurred outside of the 6AM to 10PM driving window coverage excludes theft, robbery, hijacking, pilferage, disappearance, or similar for the entire transit even if the loss occurs during the approved transit hours UNLESS the loss occurs and has explicit proof (not hearsay or statements) that the loss occurred more than two hours before the 10PM cutoff or after the 6AM cutoff (i.e. 8AM to 8PM).

Driving must be done on Toll Roads and/or Major Highways when available.

GPS must be used on trucks with live monitoring, geofencing, and emergency plan in place.

Any stop / rest break / overnight must occur in a well-lit, fenced, secure facility with 24-hour professional security protection. Such locations must be alarmed, enclosed, and designated and customary for such stops.

Should we determine that any of the above requirements set forth above have not been complied with to our satisfaction and at our sole determination, we have a right to reject coverage for any and all claims that do not meet the required standards.

If a container is pulled from a port / airport and the destination is within 500 km by road, no overnight storage or stopping is covered without obtaining a special approval from the underwriter.

Coverage for theft, robbery, and hijacking limited to a maximum sublimit of $50,000 per container regardless of insured value during Road Transit and $25,000 per container and in the aggregate per train during Rail Transit.

Use of double 40' containers behind one single truck shall void coverage for losses arising from overturning or accidents on roadways.

Use of light pickup trucks modified to carry cargo is prohibited and coverage voided if used (i.e. F350 with small box).

A special deductible of 20% of the sum insured (maximum $10,000) applies to each and every loss arising from theft, pilferage, robbery, hijacking, or similar.

Venezuela
Coverage for all shipments terminates upon discharge from overseas conveyance, excluding unloading operations and any risk subsequent.

South America (except countries listed above), South Africa
All shipments valued at $150,000 or greater must be accompanied by a professional security escort with the exception of heavy equipment, boilers, turbines and similar heavy unit cargo and heavy industrial goods where the escort is only required for values of $500,000 or greater (unit weight must exceed 5,000lbs or equivalent KG) or the risks of robbery, theft, hijacking, or pilferage are excluded.

GPS must be used on trucks with live monitoring, geofencing, and emergency plan in place for any shipment with values greater than $75,000.

Any stop / rest break / overnight must occur in a well-lit, fenced, secure facility with 24-hour professional security protection. Such locations must be alarmed, enclosed, and designated and customary for such stops.

Should we determine that any of the above requirements set above have not been complied with to our satisfaction and at our sole determination, we have a right to reject coverage for any and all claims that do not meet the required standards.

If a container is pulled from a port / airport and the destination is within a 500 km by road, no overnight storage or stopping is covered without obtaining a special approval from the underwriter.

Use of double 40' containers behind one single truck shall void coverage for losses arising from overturning or accidents on roadways.

Cancellation Clause:

1. Cancellation of certificate for any reason must be done under the following conditions:
   1. Prior to the start of services , as indicated on the original certificate.
   2. In writing by fax, letter or e-mail with our receipt acknowledgement.
2. A $25.00 fee will be assessed to a cancelled certificate.
3. I acknowledge that the total cost of this policy includes insurers' premium and a Policy Fee to Moving Insurance, LLC's administrative cost and expenses.
4. In the event the certificate is cancelled, I understand that only the premium is subject to refund, less a $25 cancellation fee.