Are you moving? There's a lot at stake when you move. There's the money you'll spend. The memories you're taking from one place to another. And, of course, there's your possessions, like furniture, family pictures and children's toys. When you move, your personal property – including valuables – is loaded onto a moving truck. And while most moves go smoothly, accidents do happen and some items may be lost or damaged during shipment.
Your mover is liable for the value of the goods you ask them to transport. But there are different levels of liability, and the one you choose will determine the type and amount of reimbursement you'll receive if an item is lost or damaged. You should be aware of the various types of protection available and the charges for each option.
The two different levels of liability movers are required to provide are explained below and in Your Rights and Responsibilities When You Move, a booklet movers are required by Federal regulations to provide to interstate moving customers. Be sure to read this information carefully and follow the instructions provided to declare a value on your shipment.
What are your Options?
Full Value Protection
Under Full Value Protection, your mover is liable for the replacement value of lost or damaged goods in your entire shipment. This is the more comprehensive plan available for the protection of your belongings. Unless you select the alternative level of liability described below – Released Value – your mover will transport your shipment under the Full Value Protection level of liability. If any article is lost, destroyed or damaged while in your mover's custody, your mover will, at its discretion, offer to do one of the following for each item:
Repair the item;
Replace with a similar item; or
Make a cash settlement for the cost of the repair or the current market replacement value.
Under this option, movers are permitted to limit their liability for loss or damage to articles of extraordinary value, unless you specifically list these articles on the shipping documents. An article of extraordinary value is any item whose value exceeds $100 per pound (i.e., jewelry, silverware, china, furs, antiques, etc.). Ask your mover for a complete explanation of this limitation before your move.
The exact cost for Full Value Protection varies by mover and may be subject to various deductible levels of liability that may reduce your cost. Ask your mover for details of their Full Value Protection plan.
Released value is the most economical protection available, since it is offered at no charge. However, the protection is minimal. Under this option, the mover assumes liability for no more than 60 cents per pound, per article. For example, if your mover lost or damaged a 10-pound stereo component valued at $1,000, you would only receive $6.00 in compensation (60 cents x 10 pounds).
There is no additional charge for Released Value. However you must sign a specific statement on the bill of lading or contract agreeing to it. But remember, it compensates you according to the weight of the item, not its actual value.
Full Value Protection and Released Value are not insurance policies governed by State insurance laws, but instead are Federal contractual tariff levels of liability authorized under Released Rates Orders of the Surface Transportation Board of the U.S. Department of Transportation.
If you select Released Value, some movers may also offer to sell or obtain for you separate liability insurance. The cost of this insurance is not included in the basic move and must be purchased separately by you. This is not valuation coverage governed by Federal law – it is optional insurance regulated by State law.
If you purchase this coverage, the mover remains liable for the amount up to 60 cents per pound per article, but the rest of the loss is recoverable from the insurance company up to the amount of insurance you've purchased. Your mover is required to issue the policy or other written record of the purchase and provide you with a copy at the time of purchase.
You can also purchase insurance from a third-party insurance company. Before purchasing insurance, check your homeowner's insurance policy to see if you're already covered.
Some of your actions may limit your mover's liability. These include:
Packing perishable, dangerous or hazardous materials in your household goods without your mover's knowledge.
Choosing Released Value coverage when your household goods are valued at more than 60 cents per pound per article.
Failing to notify your mover in writing about articles of extraordinary value.
Do not sign a delivery receipt for your household goods if it contains any language about releasing or discharging your mover or its agents from liability. By law, you have nine months to file a claim. Strike out this kind of language or refuse delivery until a proper receipt is provided.
Report loss and damage promptly. You have nine months following either the date of delivery, or the date on which the shipment should have been delivered, to file a claim.
Interstate movers are required to participate in a dispute resolution or arbitration program to address your loss and damage claims. If your mover does not provide you with information on its program, ask for it – movers are required to provide a concise, easy-to-read summary.
If You're Moving within Florida
Florida Intrastate Moving
The Florida Department of Agriculture and Consumer Services regulates intrastate movers of household goods within the State of Florida. The primary purpose of the Moving Services Act is to protect Florida residents from deceptive business practices common to some moving companies. This act is also designed to protect the moving companies who have a history of providing quality services to the residents of Florida.
Bill of Lading
The receipt for your goods and the contract for their transportation. The inventory lists and describes all of the items the mover is shipping for you.
Extraordinary Value or High Value Article
An article of high or extraordinary value is any item whose value exceeds $100 per pound.
Explosives, compressed gases, flammable liquids and solids, oxidizers, poisons, corrosives and radioactive materials. Many common household items are considered hazardous materials. These include nail polish remover, paints, paint thinners, lighter fluid, gasoline, propane cylinders, and automotive repair and maintenance chemicals.
A move in which goods are transported from one point to another within the same state; no state borders are crossed.
A move in which goods are transported from one state to another.
A list of rules, regulations, available services and resulting charges. Each mover publishes its own tariffs and these must be provided to you upon request.
The degree of worth of your shipment.