Declared value is another option to insure you cargo shipment. It allows our customers to declare a value for their shipment that exceeds our legal carrier liability (.50 cents/lb.) Any customer who wants to declare a value and pay for valuation ($1.50 / $100 of declared value) is covered for loss or damage up to, but not exceeding the total declared value. It can provide an affordable and easy way to provide coverage for cargo shipments.
While declared value does raise the level of protection, in order for a claim to be paid the shipper must prove negligence on the carrier’s part. Aloha Air Cargo is not obligated to pay claims they did not cause or contribute to. Therefore, events such as an Act of God, Vandalism, Terrorism and Theft are not covered and any claims would be denied.
The shipper must also provide receipt of the original purchase to be paid the claim. If the Declared Value is different than the receipt value, Aloha Air Cargo will only pay out the original purchase price as listed in the receipt.