Insurance

Insurance is one of the most important parts of your move. So… Let’s talk about it.

The required basic insurance rate for moving companies to provide is .60 cent per pound per item. The PUC regulates rates, licensing and insurance coverage required by movers in California.

We recommend our clients check with your homeowners or renter’s insurance to see if they offer any policy above the $.60 per pound per item provided by the moving company.

 

  • Basic coverage. 60 cents per pound per Item:

This is the basic insurance coverage mandated by the PUC that all moving companies provide. There is NO EXTRA CHARGE for this insurance, it is already included in the given rate.

 

  • Actual Cash Value Coverage:

The Actual Cash Value covers a damage or loss based on the actual cash value of the item or items involved. This includes depreciation at the time of loss or damage up to the total dollar amount of value declared by the customer. If the fix is possible, and does not exceed the declared value, repair can be provided.

 

  • Full Coverage:

The Full Coverage option provides for loss or damage based on current replacement value at the time of loss or damage. This is up to the total dollar amount of valuation declared by the customer. If the fix is possible, and does not exceed the declared value, repair can be provided.

 

  • Liability for Valuables:

Items very large in value such as antiques, art objects, gold or silver articles, etc. must be listed and valued on the carrier’s shipping document or inventory. The carrier must be given adequate time prior to pickup to provide necessary protection for these valuables. Cash, jewelry, and personal valuables should be carried by you (the customer).