The Most reliable Moving Companies provide their customers with a moving contract. According to movers Indianapolis, these contracts offer liability known as valuation coverage. This will show you the liability amount on which moving company thus is willing to give in the event of damage or even loss of your items.

Each liability level is often determined by how much the moving company can reimburse you that is, in-case something happens. However, these liability options or alternatives may offer limited coverage.

To sum it up, it’s essential for clients to understand that moving insurance policy is not valuation coverage. These are two different things.

What are my options?

Most Moving Companies often provide valuation but not insurance. However, client’s goods are always covered depending on the valuation type on the contract. Though, it means that a certain amount of the coverage is provided while most companies operate on valuation, some of them do provide insurance as well.

To ensure that all your properties will be protected, always carefully read the fine print of your contract.

Valuation Options

Released valuation Also commonly known as the basic liability insurance. With this plan, the moving companies tend to assume that liability for client’s items up to a value of $ 0.60 that is, per pound per item article. Though, under this plan, they don’t offer full coverage for damaged items.

Declared Value

With this plan, the value of client’s possessions is often based on the total weight of the shipment thus, multiplied by a specific-amount per pound. The amount of protection offered is limited thus, by the depreciated value of the item.

Lump-sum value protection

With this insurance it gives you an option to insure your belongings based on their actual value. However, in order to choose this option, it is a must that you make a written declaration on the moving contract.

Full value protection

Under this option, it covers all damaged or even lost items by simply replacing, repairing or rather providing a full cash value of the client’s item, It’s the most expensive option hence, must be purchased in-advance though, it is a good option for valuable or high value items.

You can also purchase an extra insurance via an independent insurance company to cover all your items thus, for the duration of the move. For more assistance, you can ask your movers to assist you in identifying the best independent insurance company.

Why should I get it?

Often, it’s important to insure yourself from unseen misfortunes or accidents. Therefore, to be on the safe side, it would be good to take a valuation policy or moving insurance to secure your most valued items. You can opt to pay for additional coverage for your belonging’s protections while in transit by taking a proper insurance to give one a peace of mind. Such that, in case of anything like damages or accidents, you’ll be paid.

What does it cover?

Moving Insurance cover client’s items while on transit. In addition, they cover customers’ belongings while in storage for up to 90 days. Therefore, during that duration, in case something happens to the items, the company is liable to pay you.

How can a client protect their move?

• Hire a reliable & reputable moving company.
• Purchase additional moving insurance for the move.
• Take photos of all the items thus, before the move to act as evidence in case something happens while your items are on transit thus, when making a claim and for tracking your inventory.
• Use professional storage.

How do I Make a Claim?

Step 1: Submit a claim but ensure that you have a signed inventory sheet. This is a moving company document; all your items will be listed on it. Always confirm first if all your items are in proper condition before signing the sheet. Never sign an incomplete inventory sheet, or your assigned movers may claim that you received all your items or they were moved in without any problem.

Step 2: Always, take a photo of any damaged item or rather ask your movers themselves thus, to hold the item or box as you photograph the damage. It will help to ensure that your claim will or is accepted.

Step 3: In case you notice any damage while unpacking, ensure that you file a claim thus, within 9 months after delivery. The earlier you report the damages the better hence, for quick response.

Step 4: The movers must acknowledge thus, the receipt of your claim that is, within 30 days or must deny or rather make you an offer within 120 days of receipt of your claim.

Step 5: Lastly, when you’re making a claim or rather considering a settlement, always refer to the liability amount that you declared on your shipment. Do not make claims that are more than your stated amount. It will be declined since it’s more than your mover’s liability.

In addition, it would be a good idea if you know the insurance terms while submitting your claim as well as understand the kind of insurance you purchased but ensure that you are covered adequately.

In case you encounter or have problems with the mover, it is advisable to contact “The Better Business Bureau”. They always help in resolving any outstanding issues. However, give the moving company thus, some time so that they can address your claim.