Section 1457.150  Shipper Valuation Coverage

a)         A household goods carrier's liability for loss or damage to a household goods shipment is limited to the greater of:

1)         Sixty cents per pound per article; or

2)         The lump sum value declared in writing by the shipper.

b)         The shipper shall elect one of the options in subsection (a) by initialing or signing next to the option selected either on the bill of lading or on a separate attachment to the bill of lading. A shipper's election of a lump sum value shall be effective only if the shipper has paid applicable valuation charges. Otherwise, the shipper shall be deemed to have elected sixty cents per pound per article.

(Source:  Amended at 49 Ill. Reg. 1149, effective January 9, 2025)