Valuation

"The mover's liability coverage for damaged or lost goods during a move. Required by federal law for interstate moves; the default is the legal minimum, not real insurance."

Why it matters

Valuation is the most misunderstood line item in moving. The default 'released-value' coverage pays $0.60 per pound per item. A $3,000 flat-screen TV weighing 30 pounds is covered for $18 if the mover destroys it. Most movers charge nothing for released-value because it almost never costs them anything.

Full-value protection is the upgrade. It costs typically 1 to 2 percent of the declared total value and pays replacement cost or repair, the mover's choice. For a move with $30,000 in furniture and electronics, expect to pay $300 to $600 for full-value protection.

Best practices

Always upgrade to full-value protection on any move with more than $5,000 in goods. Document everything with photos and serial numbers before the truck loads. Refuse to sign the bill of lading at delivery until you have inspected for damage; signing without inspection limits your claim window.

Frequently asked

Is moving insurance the same as valuation?

No. Valuation is the mover's liability coverage and is regulated by FMCSA. Moving insurance is a separate product sold by third-party insurers (or your homeowner's policy in transit) and may cover events valuation excludes (theft, third-party damage, acts of nature).