Moving Companies in Batchworth

Moving Companies in Batchworth

Released value protection

Moving Companies in Batchworth. The most economical option is called “released value protection” and is set at no more than 60 cents per pound.

This means that you will be reimbursed for everything from your paperclips to family heirlooms at up to 60 cents per pound.

In other words, if your 10-pound valuable is damaged during the move, the item will be weighed and then

multiplied by .60 cents (.60 cents x 10). This number ($6) would be the dollar amount that the moving company is liable for, regardless of how much the item originally cost you.

To give you a more concrete example, if the movers break your 365-pound refrigerator that originally costs $1,400 to buy, the moving company will only be liable for $219 under this basic coverage.

Released value protection is offered at no additional charge, but you must sign a specific statement on the bill of lading or contract agreeing to it.

Just remember that this option compensates you according to the weight of the item, not its actual value.

And, if you do not select the released value, your stuff will be automatically transported at the full value protection level of liability, and you will be charged accordingly.

Full-value protection

Moving Companies in Batchworth. Of course, you may ask yourself, “If my things are only worth 60 cents a pound, why am I paying someone a lot more to move them?”

All of your material belongings are certainly worth more than 60 cents a pound. For that reason, long-distance movers also offer what’s called “full-value protection.

The coverage is based on your valuation of the contents being transported.

The cost is based on about 1 per cent of the valuation, so if you decide all of your belongings being shipped are worth $50,000, you will pay about $500 for full-value protection.