Understanding Valuation & Insurance
If you're looking to hire movers, you need to understand your options for basic coverage or additional valuation. At Solomon & Sons Relocation Services, we pride ourselves on being your one-stop-shop for moving resources and assistance. Under federal law, interstate movers must offer two different types of liability, commonly known as valuation.
- Option 1 - Released value
- Option 2 - Full value protection
Reliable Protection from Damages and Loss of Goods
In addition to providing first-class moving services and amenities, the team at Solomon & Sons works hard to ensure your items are well taken care of.
As is required by federal law, we provide standard valuation coverage on all items transported during interstate moving and long-distance relocations. This standard coverage amounts to $0.60 per pound per article.
If, however, you're interested in an increased rate of replacement-cost coverage, this can be arranged at any time with your sales consultation.
Full Value Protection
This secondary comprehensive option is available to all Interest moves, Under this option your movers is liable for the full replacement value of lost or damaged goods. Under this selection your mover will have to options to select the following in the event of a claim.
- Repair the Item
- Replace the item with a similar like piece
- Make a financial proposal for a settlement of the market value item
Under the Full value protection option, your mover is permitted to limit their liability for any loss or damaged goods to a cap of $100 per article, unless you select a high value item selection per article witch notifies the mover of the item's correct value.
We have a variety of other options when it comes to getting increased coverage for your shipment. If you're interested in recovering a 3rd party quote for additional insurance on your cargo, we recommend consulting the following private moving insurance companies:
- Baker's International Insurance — (800) 356-0093
- PAF (Pacific Atlantic Freight) Insurance — (800) 297-7550
Learn More About Our Reliable Valuation Coverage Options Today
A trustworthy team of nationwide movers has more to offer than packing and transportation services. At Solomon & Sons, we're proud to provide our customers with outstanding relocation protection. If you're interested in learning more for long-distance and interstate moving, please give us a call today. You can also fill out our online form to schedule a free in-home moving quote and consultation.