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FAQs - Insurance - Declared Value

FAQs

Insurance/Declared Value

1. I want to insure a one-time shipment for $40,000. What is the process for authorization?  

Please contact our Spot Quotes Department who will take the steps necessary to obtain approval for this value prior to booking the pickup.  Please be aware that this process takes additional time as the value exceeds the declared value of more than $2.00/lb. (866.329.7677 - options 1 then 3 or email them at drspot@dayandrossinc.ca).

2. If the shipment is coming from US to Canada and it’s covered at 25 $ per lbs per piece actual, why can’t I place the declared value on the Bill of Lading? 

We do not offer additional valuation coverage for Transborder moves on the BOL.  The only way to secure additional coverage is through your tariff. Please reach out to a Day & Ross Sales Professional to have additional coverage added to you Tariff. 
 

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