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ABC shall not be liable, and hereby
disclaims responsibility, for any indirect, incidental or consequential
damages or other costs, fees, or charges of any kind arising from any
claims filed hereunder, whether disclosed or not.
Section 2 - Optional Excess Liability Coverage
Shipper may request ABC liability coverage
in excess of $1000.00 per shipment, by indicating in writing on the bill
of lading at time of shipment the total dollar amount of excess coverage
requested. Excess coverage will be applied on a per pound per
package basis. The maximum excess liability is $1,000,000 per
shipment. However, excess liability coverage will not apply on any
amount that exceeds the actual value of the goods.
ABC will assess an additional charge of
$0.50 per each $100.00 value in excess of the initial maximum liability,
subject to minimum excess coverage charge of $50.00. Such charge is
in addition to all other lawful freight charges. Charges are to be
paid by the party responsible for payment of the otherwise applicable
freight charges. NOTE: A statement of value without an
express request for excess liability coverage will not increase ABC's
liability. And charges for excess liability coverage will not be
assessed.
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