There are two options of insurance that Munden’s offers to its customers to protect their personal belongings:
1. Standard Valuation
This is offered at no extra charge to the customer. Claims for loss or damage are based on weight of item multiplied by .60 cents per pound with no deductible.
2. Enhanced Valuation
This is repair or replacement coverage which would not exceed the declared value. The cost would be $6.00 per $1000.00 of declared value. This type of coverage is the most common form of coverage taken by Munden’s customers. This is the most comprehensive plan available for the protection of your goods.