MASSACHUSETTS MOVING AND STORAGE: Limitations of Economic Liability

As the owner of a moving and storage company, it is important to fully understand the rules, regulations and laws that may affect your business. Each week, our agency takes it upon ourselves to keep you up to date on driving laws, movers insurance policies, etc. This week, we would like to discuss Massachusetts case laws that pertain to carriers.

Massachusetts courts have recognized the right of carriers to limit their economic liability. While Massachusetts does not require household goods carriers to offer “full value protection,” the Interstate Commerce Act does. However, for a carrier to lawfully limit its economic liability, the shipper must be given a choice of rates.

Recently, the U.S. 1st Circuit Court of Appeals upheld the right of a carrier to limit its economic liability for cargo loss or damage by offering the shipper the chance to declare a higher value than that provided by the carrier’s base rate liability of 60 cents per pound per article.

At Wolpert Insurance, we want to make sure your moving and storage company is aware of all rules and regulations in the business. It is for your own protection to understand your rights! Speaking of protection; be sure to come and speak with our agency about our comprehensive movers insurance program. We can provide your business with coverage including: general liability, warehouse legal liability, umbrella insurance, workers compensation and much more. We would be more than happy to provide you with a free quote.