When determining what moving company to go with make sure and ask the moving company what their level of liability is in the event of loss or damage to your shipment.
On an interstate move the moving company should give you the following two options:
1. Full Value Replacement Coverage
If any item is lost, destroyed or damaged while in your mover's custody, your mover will, at its option, either, 1)repair the article to the extent necessary to restore it to the same condition as when it was received by your mover, or pay you for the cost of such repairs; or 2)replace the article with an article of like kind and quality, or pay you for the cost of such a replacement.
Under Full Replacement Value Protection, if you do not declare a higher replacement value the value of your goods will be deemed to be equal to $6.00 multiplied by the weight (in pounds) of the shipment, subject to a minimum valuation for the shipment of $6,000.00
**Full Value Replacement Coverage has additional charges "premium" and typically a "deductible" to meet.
2. Release Value
If any item is lost, destroyed or damaged while in your mover's custody, your mover will only be liable for $0.60 per pound per article.
For example you move an item that weights 10 pounds and that item is damaged or destroyed you would only receive $6.00.
Seems a bit overwhelming to think about!!! But knowing & understanding your movers liability ahead of time is better than finding out after something is lost or damaged.
Condor Moving Systems offers free full value replacement coverage at no additional charge for interstate moves.
