Professional moving service in Barkway

Released value protection

Professional moving service in Barkway 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.

Moving Services in Albury End 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 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

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?”

Professional moving service in Barkway 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 percent 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.

Full-value protection allows the moving company two options if any articles are lost, destroyed or damaged during the move. This is also called “full replacement value.” The moving company, not the consumer, decides how amends will be made for the property.

Moving Services in Albury End The moving company can either have the item repaired so it is in the same condition as it was before being damaged or they can replace the item with another of like-kind. Basically, if your two-year-old washing machine is smashed, the moving company will not replace it with a new one. You will likely be given the fair-market value of a two-year-old washing machine.