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Household Goods Moving Insurance and Valuation

Valuation coverage can be very complicated. Please read the following information carefully:

It is important to understand how much the mover is responsible for any lost or damage.

The valuation statement on the bill of lading governs this. The minimum coverage required by law (included in the rate given) is called carriers liability insurance.

If an item is lost or damaged, you would receive $0.60 per pound. (Most of the times it doesn't cover the actual value of the item). For instance, if the mover damaged a Dresser that you bought for $200.00 and it weighed 100 pounds, you would only get $60.00 as compensation.

Extra coverage is optional that you can consider to purchase. We at “Twins moving and storage Inc” have an account with “movinginsurance.com”.

Here are 2 more options to consider:

1. Your homeowner's policy.
2. Your own insurance policy.

Here is a
list of rules and regulations to valuation coverage:

  1. Valuation does not automatically pay for any damage. It must be clearly shown that the mover was responsible.
     

  2. Items in boxes not packed by the mover are not covered.
     

  3. The mover is not responsible for any electronic item that does not function after the move, unless there is clear evidence that the item was not handled properly during the move.
     

  4. Even if you see damages to items at the time of the move, you are legally responsible to pay the full amount for the move. Then you must go through the claims process.

     

 
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