Moving can turn into a terrible headache. One thing you can do to make it less painful is to think about protecting your household possessions while they’re in the hands of a moving company. Movers usually propose varying levels of insurance or valuation protection for different causes of loss.
So you’ll have time to evaluate your moving insurance and valuation options. There are two basic categories of loss that you may face with during a move. It doesn’t mean that this will definately happen to you during your move but sometimes happens. It is not the rule, more about exception.
Most homeowners and renters provide the second type of loss and usually have either a Homeowner or Renter’s insurance policy that covers their personal property. They are of two types:
All moving companies offer two types of coverage .
Choosing released value protection means that you will be recovered for everything at 60 cents per pound. Long-distance movers also offer full-value protection as all of your precious belongings are certainly worth more. The coverage is based on your valuation of the contents you transport. So if you decide all of your belongings are worth $30,000, you would pay about $300 for full-value protection while shipping.
Full-value protection allows the moving company two options if they lose,destroy or damage any articles during the move. This is also a full replacement value. The moving companies must repair the item so it is in the same condition as it was before the damage. They can also replace the item with one similar of the same cost. Movers are not required to reimburse you for any item that value more than $100 per pound unless it is in the special shipping documents. This is set by the Surface Transportation Board, the federal organization that oversees moving companies.
There are several options available to consumers to upgrade their coverage. You can ask the moving companies for other valuation options. If your moving company is covering your belongings, it is not insurance. Moving companies cannot sell insurance. Instead, you are paying for stated liability, in other words, you are setting the limits for your moving company’s liability if they damage, lose or destroy your belongings .
Don’t forget about scammers and always stay vigilant when you hire a new company. Remember, the cost of the move shouldn’t be the primary factor in choosing a moving company; it should be the quality of service and their reliability.
Contact us today and our team of professionals will be happy to help you make your forthcoming move fulfilled! We respect your time and money. Quality service, dedication to work we do and expert care. Start your FREE moving quote right now, don’t hesitate! We work hard to move you fast!
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