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Moving Tips: Full (Replacement) Value Protection
The most inclusive insurance plan, Full Value Protection, requires that any damaged goods be replaced, restored or cash settlement be made with the mover company. This is ideal if you are travelling a long distance or are transporting many expensive items. You are obligated to pay the first $100-500 of repairs or replacements, depending on the deductible amount. The mover is able to protect himself from the damage done to high value items (over $100 per pound) unless you remember to list them on the shipping document or High Value Inventory sheet. Speak with your mover to discuss what this plan encompasses and what items can be insured.Extraordinary Value Items. You must identify all high-value items included in your shipment in order for them to be insured. ??? These items include anything having a value greater than $100 per pound. Here are a few examples of high-value items for your reference:
Crystals; Antiques; Furs; Currency; Art Collection; Figurines; Cameras; Computer Software; Electronics; Gold, Silver or silverware; Precious stones or jewelry
Oriental rugs.
You should declare the total amount of the released value that you claim for your goods. This total should be recorded on the bill of lading and include the value of all items, even ones of extraordinary value. Please take note that the protection for items of greater value is not available for shipments, which exceed??? the mover’s value of 60 cents per pound, per article.
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