| (a) Type of insurance. A household goods carrier and
its representatives may sell, or offer to sell, or procure insurance
for a shipper for transported or stored property. The insurance policy
must cover loss or damage in excess of the household goods carrier
liability as specified in §218.53 of this title (relating to
Household Goods Carrier Cargo Liability).
(b) Policy issuance. A copy of the policy or other
appropriate evidence of purchased insurance must be issued to the
shipper before the shipment is loaded.
(c) Policy language. Policies or other appropriate
evidence of purchased insurance must be written in a clear and concise
manner, specifying the nature and extent of coverage including any
deductibles. The policies or other appropriate evidence of purchased
insurance must also clearly indicate:
(1) the name, address, and telephone number of the
insurance company;
(2) the policy number; and
(3) a statement of whether claims are to be filed with
the insurance company or with the household goods carrier.
(d) Penalty. If the shipper purchased insurance from
the household goods carrier and the household goods carrier does not
obtain the insurance policy or other appropriate evidence of purchased
insurance for the shipper, the household goods carrier shall be subject
to full liability for all of the loss or damage caused by the household
goods carrier.
|
