For this coverage, the market value of the damaged or lost item is used. It can sometimes be very difficult to properly assess the correct market value, whether from the viewpoint of the moving company or the consumer. This is not “Replacement Value” – it is the value of the actual item as it is today – whether it is in worn out condition or almost new condition. This type of coverage is based on a minimum declared value of $10.00 per pound, subject to a $50,000 minimum, with a $100.00 deductible. This protection is limited only by the amount of valuation you select so it is important that you establish a realistic replacement value of all of your possessions. The only requirement is that your shipment be protected to a minimum of $10.00 per pound multiplied by the actual weight (or estimated weight on local moves) of your household goods.

For this coverage, the market value of the damaged or lost item is used. It can sometimes be very difficult to properly assess the correct market value, whether from the viewpoint of the moving company or the consumer. This is not “Replacement Value” – it is the value of the actual item as it is today – whether it is in worn out condition or almost new condition. This type of coverage is available at $25.00 premium per month, up to a maximum of $50,000.00 coverage with a $100.00 deductible. This type of coverage is based on a minimum declared value of $10.00 per pound, subject to a $50,000 minimum, with a $100.00 deductible. This protection is limited only by the amount of valuation you select so it is important that you establish a realistic replacement value of all of your possessions. The only requirement is that your shipment be protected to a minimum of $10.00 per pound multiplied by the actual weight (or estimated weight on local moves) of your household goods.

Please note coverage must have been in place for the transportation portion of your move. If this was not the case than storage coverage is not available.

Note: Coverage must be for Transportation and Storage

Your Moving Consultant will explain the cost and benefits of each of the above options in detail to ensure you make the right decision when it comes to move protection coverage on your move.

Any items of extraordinary value (over $5,000.00) must be declared. This could be an article such as a sculpture, painting, or antique piece of furniture, etc. that is worth a great deal of money. Even though you have purchased cargo protection there is still a limit (or ceiling) as to how much the mover would be required to compensate you, should damage or loss occur. You may even wish to have the piece wrapped and crated to insure as much physical protection as possible. If you think the value of the piece goes beyond what the mover can offer you in terms of protection you may wish to consult your own insurance company for extra coverage. Please call us if you require further clarification.