Hiring a moving company that is not only insured but also offers insurance for your planned relocation is the best way to ensure that you will be compensated in case your belongings are lost or damaged while they are in the care of your moving company. Here are a few things that you should know about these insurance-related aspects:
- An important difference in meaning – every moving company that operates legally must be insured, but that only means that you will be compensated a very small amount if your items are lost or damaged, the standard amount being 60 cents per pound of damaged or lost item. The best, most reliable movers offer another option, too: insurance for client’s belongings through full-valuation insurance. This type of insurance covers the full value or the costs of repair in case your belongings get lost or are ruined during the transport;
- How to find out what type of coverage is used by your relocation company – if you book your movers online, the company’s website probably has a page on which the company’s credentials, including the type of insurance coverage they offer. If you hire the mover personally, you should ask to be shown a copy of the company’s insurance certificate and take the time to read it, too, or take a look at their website like American Moving & Storage to find out insurance specifics.
Gabriel Kierson
Founder and Owner at American Moving and Storage
Gabriel Kierson is the founder and owner of American Moving and Storage, a Boulder-based licensed carrier with 28 years of operation and more than 40,000 moves completed across Colorado and the country.
A Certified Moving Consultant, Certified ProMover, and Bekins senior-certified agent, he leads a company that maintains an annual claims rate under 1% and crew tenure averaging nearly seven years. He writes on residential and commercial moving, long-distance and mountain logistics, containerized storage, and specialty-item handling.