Casey J Ellis

US Patent:

20090099856, Apr 16, 2009

Filed:

Oct 11, 2007

Appl. No.:

11/870687

Inventors:

Gale D. Preston - Fenton MO, US
William C. Bachmann - Eureka MO, US
Eric E. Shutek - Des Peres MO, US
Timothy M. Baer - Ballwin MO, US
Jan Alonzo - St. Louis MO, US
James G. Powers - St. Louis MO, US
Linda Bauer - St. Louis MO, US
John Lograsso - St. Louis MO, US
Casey P. Ellis - Waterloo IL, US

International Classification:

G06Q 10/00

US Classification:

705 1

Abstract:

A method for enhancing the valuation protection available to a shipper for a shipment of household goods whereby the carrier offers for financial consideration to waive one or more common law defenses and/or one or more interpretation limit defenses otherwise available to it to mitigate its liability to a shipper for a claim for damaged/lost goods, and an agreement by the carrier to increase its maximum liability by providing the shipper an additional dollar amount, preferably $25,000, of Full Value Protection coverage in addition to the minimums required by the carrier's tariffs, or in addition to the shipper's Full Value Protection valuation declaration. The financial consideration to be paid by a shipper is at least partially determined by the nature and number of defenses offered to be waived. As one or more common law or interpretation limit defenses may exhibit geographical significance, the offerings may include differential pricing for one or more such common law defenses to be waived. Preferably, and for maximum shifting of the risk of loss/damage from the shipper to the carrier, the enhanced valuation protection includes offering a waiver of all common law defenses.