Understanding Your Moving Companies Liability

Understanding Your Moving Companies Liability

Local movers must assume some level of liability for loss or damage to your belongings during your move.

Because of this, mover’s liability will likely be less than the value of your goods. The mover is not liable for the full value of your property unless you pay an additional charge for that protection.

However, “mover’s liability” and “insurance” are not the same thing, so it is a good idea to see your insurance agent to determine if you need additional coverage. Movers must explain their liability for loss or damage to your property and how you can increase your protection.

Keep reading to learn more about moving liabilities and contact PNW Moving & Delivery for moving help in Tacoma and beyond.

Loss and Damage Protection 

Option 1 – Basic Value Protection

Option 1 provides the minimum level of liability a mover may assume when moving your belongings. The mover’s maximum liability for the entire shipment is 60 cents per pound for the total shipment.

Coverage:

The mover will pay at 60 cents per pound for each lost or damaged article. Example: if a two-pound vase were broken, you would be paid $1.20.

Cost:

You do not pay extra for this coverage.

OPTION 2 – Replacement Cost Coverage, with deductible

Option 2 provides full coverage, less a $300 deductible. The mover’s maximum liability is your declared value of the belongings, or $5.00 times the weight of the total shipment, whichever is greater (less the $300 deductible).

Coverage:

The mover will repair the damage to your satisfaction, pay you for the lost or damaged articles (less the $300 deductible), or replace the lost or damaged article for any amount over the $300 deductible. Provided that $300 deductible applies to the entire shipment rather than each individual article.

Cost:

The mover may charge minimum of 55 cents and a maximum of $1.15 per $100 of declared value. Declared value may not be less than $5.00 per pound of the total shipment weight.

OPTION 3 – Replacement Cost Coverage, with no deductible

Option 3 provides full value replacement coverage for your belongings. The mover’s maximum liability is your declared value, or $5.00 times the weight of the total shipment weight, whichever is greater.

Coverage:

The mover will repair damage to your satisfaction, reimburse you for the replacement cost, or replace lost or damaged articles.

Cost:

The mover may charge a minimum of 66 cents and a maximum of $1.40 per $100 of your declared value. Declared value may not be less than $5.00 per pound of the total shipment weight.

Want to get a free moving estimate? Contact your local Tacoma movers today for help.