Movers Valuation
Your Peace of Mind
Understanding how your belongings are protected is a crucial part of the moving process. We offer clear, compliant options to suit your needs.
Valuation vs. Insurance
It is important to understand that moving companies offer Valuation Coverage, which functions differently than traditional insurance. Valuation is the amount of liability a moving company agrees to assume for your shipment.
Note: While we take every precaution to protect your items, accidents can happen. Federal law requires all movers to offer two types of liability coverage: Released Value Protection and Full Value Protection.
Released Value Protection
(Basic Liability)
This is the most economical option as there is no additional cost to you. However, it provides minimal protection. Under this option, the mover assumes liability for no more than 60 cents per pound, per article.
Example Scenario:
If a 10-pound stereo worth $1,000 is damaged, the mover would be liable for only $6.00 (10 lbs x $0.60).
- No additional cost
- Based on weight, not value
- Federally mandated minimum
Full Value Protection
(Comprehensive Coverage)
This is the more comprehensive option. If any article is lost, destroyed, or damaged while in your mover’s custody, the mover will, at their discretion, offer to either repair the item, replace it with a similar item, or make a cash settlement for the current market replacement value.
Example Scenario:
If that same 10-pound stereo worth $1,000 is damaged, the mover would repair it, replace it, or pay you $1,000 (minus any deductible).
- Comprehensive peace of mind
- Repair or replacement value
- Various deductible levels available
High Value Inventory
Special protection for your most prized possessions.
The “High Value” Rule
Articles of “extraordinary value” are defined as items having a value greater than $100 per pound (e.g., jewelry, silverware, china, furs, antiques).
You must notify EZ Movers in writing of these items on a “High Value Inventory Form” before the move. Failure to list these items may limit the mover’s liability to $100 per pound.
Ask your coordinator for the High Value Inventory Form.
Valuation FAQs
What if I pack my own boxes?
If you pack your own boxes (PBO – Packed By Owner), the mover is generally not liable for the contents unless there is visible damage to the exterior of the box caused by the mover’s handling. We recommend letting us pack fragile items to ensure full coverage.
Is there a deductible?
For Full Value Protection, yes, there are usually deductible options (e.g., $0, $250, $500) that affect the cost of the coverage plan. Released Value Protection has no deductible but offers minimal reimbursement.
What about my homeowner’s insurance?
Some homeowner’s or renter’s insurance policies cover household goods while in transit. We recommend checking with your insurance provider before your move to see if you are already covered.
