Insurance Options for Commercial and Business Moving
Moishe’s is one of the most respected moving companies in New York. Our teams at Moishe’s moving are highly trained in handling your business’ belongings with care. Although rare, sometimes, unforeseen events happen, resulting in damage or loss during a move. For that reason, it’s important you understand and familiarize yourself with liability and insurance options prior to relocating your business. Below are the three common choices to think about prior to hiring movers:
Limited Liability: Moving Companies in New York
In accordance with New York state law, we offer basic liability as part of every move. This type of liability represents the minimum coverage legally required and comes at no extra charge to the customer. For items damaged or lost during a move, you will receive $.30 per pound, per article. Please be aware that this kind of coverage does not provide you with substantial protection.
For instance, if a 50-pound desk, worth $500.00, were damaged during a move, you would be entitled to $15.00 compensation. Furthermore, if all of your property were lost during a move, the maximum you could receive in reimbursement would be $2,500.
Added Valuation: Moving Companies in New York
In the event of loss or damage, this kind of coverage will assure payment based on the depreciated value of the item. This coverage costs $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. Call one of our moving consultants, at 800-266-8387, to learn more about added-valuation protection.
Third Party Insurance: Moving Companies in New York
If the items you plan to move include high value objects, such as antiques, expensive furnishings, or art, you may want to consider purchasing a separate insurance policy to provide you with more substantial coverage. We recommend you first check your business’ insurance policy to see if your belongings are covered in transit. If you decide to purchase insurance from a different carrier, you may wish to do your own research or check out our preferred vendor, movinginsurance.com.