Risk Charge Calculation
To cover the transit risk of all the shipments, Risk Coverage can be availed on payment of additional charges of 2% of the declared value or Rs.10/- whichever is higher.
Freight-On-Value (F.O.V.) Charge Calculation
FOV Services are availed in case the client insures the shipments on its own. Overnite issues a certificate of facts (COF) to enable the client claim from the insurance company.
This can be availed on payment of additional charges of 0.5% or Rs.10/- whichever is higher, at the time of booking.