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insurance -- full value?

Posted: Mon Aug 25, 2008 3:10 pm
by kanderson
Okay, I have done some research and it managed to make me a little more confused. One site said that all moving companies automatically provide full value insurance (FVP) unless you signed a waiver for it. . . then other people are paying for it.

Here's what I want: Insurance that covers if the movers mess up my stuff so they either replace it, repair it, or give the replacement cost. I dont' need much, I'm moving probably 20-25 boxes, a platform bed, 1 med. bookshelf, 1 small bookshelf, a chest of drawers, a bicycle, and a couple of stools. Basically, less than a small studio's worth and it's already packed.

Also, is it automatically covered if they do damage to my dwellings like scratches, holes in the wall, etc?

Thanks!

Re: insurance -- full value?

Posted: Mon Aug 25, 2008 4:18 pm
by farrah7031
Tell your mover you want full replacement valuation and you will need to pay extra for this. You do not automatically get this, you have to pay for it. You automatically get $.60/pound for damages for an interstate move if you don't purchase additional valuation.

Re: insurance -- full value?

Posted: Mon Aug 25, 2008 4:20 pm
by rydog444
Any property damage that is the fault of the legit mover is covered.

FVP is available at an additional cost to the shipper. It is never free.

What is free is the $.60/lb coverage, that is standard for any move. Some companies may give FVP away for corporate moves (national account), or as a AAA discount. But other than that, I have not seen FVP given away otherwise.

Re: insurance -- full value?

Posted: Mon Aug 25, 2008 4:56 pm
by Jim
ryog, just as an FYI - I used to work for a mover where 90% of the moves were corporate related. As such, the negotiated tariff with each corporate client included FVP at $0 deductible for freeee. On the other hand, we also charged for every accessorial in the world allowed under 400M, and even 400L in some cases. Made up for it in almost every situation, except for that one client in Anaheim with the mouse ears; somehow we screwed up almost every move we did for their people.

Re: insurance -- full value?

Posted: Mon Aug 25, 2008 7:35 pm
by rydog444
Jim, read the last paragraph of my previous post. I said that. :D

Re: insurance -- full value?

Posted: Mon Aug 25, 2008 9:45 pm
by Jim
Sorry Ry. For some reason I stopped reading after the 2nd sentence. MY VERY BAD.

Re: insurance -- full value?

Posted: Mon Aug 25, 2008 9:46 pm
by rydog444
It's all good!