INSURANCE - LOCAL MOVE
No one wants to anticipate problems — loss or damage — during a move. However, even the best planned and executed move may encounter difficulties. It is important that you fully understand your mover’s liability in the event that any of your goods are lost or damaged during your move.
A mover’s liability is governed by the valuation statement on the Bill of Lading, which is the contract for the move. There are three basic types of liability coverage:
This represents the minimum coverage required by law at $.30 per pound, per article. If an item is lost or damaged during your move, you would receive a payment at the rate of $.30 per pound per damaged article. This kind of basic coverage is designed to cover the mover’s basic liability but does not provide you with substantial protection.
In the event of loss or damage, this kind of coverage would assure payment based on the depreciated value of the item. The cost for this type of coverage is $5 for every $1,000 of valuation placed upon the items included in your move. This more realistic approach to valuation places more of the financial responsibility on the mover. For any questions please call one of our Moving Consultants at 800-266-8387
If you are moving antiques or high-end furnishings, you may wish to consider purchasing a separate insurance policy to provide you with more substantial coverage. You may first wish to check your Homeowners Insurance Policy to see if your property is covered in transit. Your insurance carrier can provide you with more details about this option. We would recommend additional insurance coverage with our preferred vendor, movinginsurance.com.
Moishe’s Local Moving Insurance NYC
Whether you are moving down the street or changing zip codes, local moves can require the help of a professional moving company. Moving can be stressful, so it's best to start planning well ahead of your move. Six weeks is the recommended time to plan a local move.
Research at least three local moving companies to get the best quote. Read customer reviews and be sure to check the company’s ratings with the American Moving and Storage Association and the Better Business Bureau.