What is the basic insurance coverage offered by Interstate Moving Companies?
The basic insurance that an interstate moving company offers is not going to cover you adequately, especially if you have pretty good furnishings. This basic policy doesn’t cost you anything, but the coverage generally limits the liability of the mover to about $0.60 per pound. So if a piece of furniture weighing 15 pounds is damaged, you would only be paid $9 even though its value may be $90. What Additional Insurance is available? Most interstate movers, however, do offer additional insurance and we think you’ll need to take this. There are various forms of coverage, including declared value, lump sum value, and full value protection. Some movers will also offer separate liability insurance through a third party. Before we discuss the different kinds of coverage, please remember that the information provided below is only for educational purposes. The prices quoted by interstate and local moving companies, insurance companies and third party agents may differ from the price quoted he
