Insurance Options

It is important to not confuse basic valuation with insurance protection coverage.

What's the Difference? Basic Valuation is a free coverage that is given to customers on the basis of 60 cents per pound per article. For example, If you have a Stereo component worth $500 that only weighs 25 lbs, we are only liable for 60 cents per pound. If you think that the free basic valuation coverage will not be enough to protect your goods, we do offer additional coverage for an additional monetary amount.

What Are my Options?

As mentioned above, we offer basic valuation at 60 cents per pound for free, this is an industry standard. However, if you would like additional coverage, our insurance partners, Moving Insurance.com, can give you an affordable quote for Full Replacement Value.
Here is a little more information about what Moving Insurance.com has to offer:

1. Full Service- All Risk (They Load and Drive)

This type of coverage applies to goods transported or stored by a full service moving company.

All Risk Insurance offers two options:

  • Full Replacement Value - Valued Inventory: This is the most comprehensive insurance option available and provides the best coverage. This insurance is offered for Interstate (moving from state to state), Intrastate (moving within the same state), and International shipments. For your benefit and for proper coverage, you must list and declare a replacement value on all of the items that you wish to insure. Items may be categorized as a group, such as "living room set, 7 pieces". However, please remember that in the event a claim is filed for any of the items in that category, the settlement amount may reflect the average value of the declared grouped items in that category.
  • Full Replacement Value - Lump Sum: This insurance is offered for Interstate (moving from state to state) and Intrastate (moving within the same state) shipments. The total coverage amount is determined when you, the assured, place a lump sum value on all of your goods to be insured considering the declared value of the shipment equals no less than 8 times the weight of the shipment. Any items individually valued at $1,000 or more need to be listed separately in order to be covered at their specific replacement value.



Both options utilize the same Full Replacement Value coverage, refer to the same Terms and Conditions and are based on the same rates. To find out more about these options, click the More Details link relevant to each option.

The main difference is that with Full Replacement Value - Valued Inventory, you need to list each and every item that you are moving and need insurance for, and declare its replacement value. Items not listed under this option are not covered; however, to fully insure your shipment, you need to list all items being shipped. Full Replacement Value - Valued Inventory is offered for Interstate shipment (from one state to another), Intrastate (within the same state) and International shipments.

With Full Replacement Value - Lump Sum, you can simply declare a lump sum amount, reflecting the total coverage you desire for your shipment. With this option, you only list those items that are individually valued at $1,000 or higher. These items will be considered as part of the declared lump sum and not calculated as additional value, as long as the total value they are declared for is not higher than the total Replacement Value declared.

2. Full Service- Named Perils (They Load and Drive)

This type of coverage applies to goods transported or stored by a full service moving company.Named Perils insurance covers only losses which result from causes explicitly listed in the Terms and Conditions. Coverage is available for both the transit period as well as the storage. Causes of loss for the transit and storage periods can be reviewed in the Terms and Conditions for this insurance type.

This insurance does not provide coverage to losses occurring at time of loading or unloading of the insured goods, whether done by the insureds or by any other party loading or unloading the goods, whether a professional or non professional entity. All insured goods must be in the care, custody, and control of, and handled by, an approved affiliate. Some exclusions and conditions apply to this coverage and these can be reviewed in the Terms and Conditions for this insurance type.

Named Perils Insurance offers two options:

  • Named Perils - Selected Inventory: Named Perils - Selected Inventory provides coverage based on an itemized and selected inventory prepared by the assured (the customer buying the insurance) prior to the shipment date. For your benefit and for proper coverage, you must list and declare a replacement value on all of the items that you wish to insure. This option is the most comprehensive and is the best coverage available, as it does not reduce the settlement amount for depreciation or a co-insurance penalty. This completed inventory could also act as a base for your Homeowners' or Renters' insurance policy at the new location.
  • Named Perils - Total Value: This option offers coverage if you are interested in insuring your entire shipment. The total coverage amount is determined when you, the assured, place a total value on all of your goods to be insured considering the declared value of the shipment. Any items individually valued at $500.00 (USD) or more need to be listed separately in order to be covered at their specific replacement value. To avoid being underinsured, it is required you declare the replacement value of your entire shipment.

3. Mobile Storage (You Load, They Drive)

Mobile Storage Named Perils insurance covers only losses which result from causes explicitly listed in the Terms and Conditions. Coverage is available for both the transit period as well as the storage. Causes of loss for the transit and storage periods can be reviewed in the Terms and Conditions for this insurance type.

This insurance does not provide coverage to losses occurring at time of loading or unloading of the insured goods, whether done by the insureds or by any other party loading or unloading the goods, whether a professional or non professional entity. All insured goods must be in the care, custody, and control of, and handled by, an approved affiliate. Some exclusions and conditions apply to this coverage and these can be reviewed in the Terms and Conditions for this insurance type.

Named Perils Insurance offers two options:

  • Named Perils - Selected Inventory: Named Perils - Selected Inventory provides coverage based on an itemized and selected inventory prepared by the assured (the customer buying the insurance) prior to the shipment date. For your benefit and for proper coverage, you must list and declare a replacement value on all of the items that you wish to insure. This option is the most comprehensive and is the best coverage available, as it does not reduce the settlement amount for depreciation or a co-insurance penalty. This completed inventory could also act as a base for your Homeowners' or Renters' insurance policy at the new location.
  • Named Perils - Total Value: This option offers coverage if you are interested in insuring your entire shipment. The total coverage amount is determined when you, the assured, place a total value on all of your goods to be insured considering the declared value of the shipment. Any items individually valued at $500.00 (USD) or more need to be listed separately in order to be covered at their specific replacement value. To avoid being underinsured, it is required you declare the replacement value of your entire shipment.

4. Truck Rental (You Load and Drive)

Truck Rental Named Perils insurance covers only losses which result from causes explicitly listed in the Terms and Conditions. Coverage is available only for the transit period of the move. Coverage is provided only for transported goods and not for damage or loss to the vehicle or its driver and passengers. Causes of loss can be reviewed in the Terms and Conditions for this insurance type.

This insurance does not provide coverage to losses occurring at time of loading or unloading of the insured goods, whether done by the insureds or by any other party loading or unloading the goods, whether a professional or non professional entity. Some exclusions and conditions apply to this coverage and these can be reviewed in the Terms and Conditions for this insurance type.

Named Perils Insurance offers two options:

  • Named Perils - Selected Inventory: Named Perils - Selected Inventory provides coverage based on an itemized and selected inventory prepared by the assured (the customer buying the insurance) prior to the shipment date. For your benefit and for proper coverage, you must list and declare a replacement value on all of the items that you wish to insure. This option is the most comprehensive and is the best coverage available, as it does not reduce the settlement amount for depreciation or a co-insurance penalty. This completed inventory could also act as a base for your Homeowners' or Renters' insurance policy at the new location.
  • Named Perils - Total Value: This option offers coverage if you are interested in insuring your entire shipment. The total coverage amount is determined when you, the assured, place a total value on all of your goods to be insured considering the declared value of the shipment. Any items individually valued at $500.00 (USD) or more need to be listed separately in order to be covered at their specific replacement value. To avoid being underinsured, it is required you declare the replacement value of your entire shipment.

5. Total Loss Only (All Move Types)

The Total Loss Only (TLO) type of insurance is designed to protect your goods only against a catastrophe. A catastrophe would be considered as any occurrence such as fire, truck accident, stolen truck, etc., resulting in total damage or total loss of the shipment. This type of insurance is called Total Loss Only, or TLO, and is defined as an insurance type that offers coverage compensating for damages or losses only in case of 100% damage or loss to the shipment. This insurance type will not compensate for any individual items damaged or lost.

Total Loss Only insurance is provided as a low cost alternative to the All Risk type of insurance. In addition, Total Loss Only can be purchased at any time before the movers begin packing your goods, while All Risk insurance must typically be purchased no later than two (2) days before the pack date. If you are loading or unloading the shipment yourself, or are not using a full-service moving company, TLO is the only type of insurance that we will be able to provide.

Press Board/Particle Board Furniture Insurance Exclusion

Furniture manufactured from press board and particle board is designed to go into a box when it is moved from the manufacturer to the retailer then to the customer unassembled. It is not built to withstand the normal stresses of a move as an assembled unit. Most are not designed with the extra wood structural pieces to adequately brace the unit for movement out of or into a residence or office, nor the normal moving truck vibration, even in air-ride moving trailers. Usually chips or dents are not repairable. Surface impressions can be made on the furniture when writing on a single piece of paper – you can imagine how it must fare when stacked in a moving truck. Assembly instructions frequently suggest that connecting hardware pieces be glued in place. This does not significantly improve the structural integrity of the furniture, but does make disassembly impossible without creating substantial, irreparable damage.

For these reasons, moving companies and third party insurers do not offer increased insurance coverage for these types of items. Our Movers will do their best to transport these items for you in a safe and careful manner, but because pressed wood furniture is so unstable we are unable to offer increased cargo valuation or increased insurance on these pieces. If damage does occur you will be able to submit a claim only for the basic cargo valuation coverage of $.60 per pound. Full replacement value insurance excludes these items. Pressed wood and particle board furniture is moved at your own risk!