What is moving insurance?

In order to make sure that your items will be covered in case of an incident during your move, ask the moving companies in LA that you are choosing from if they have moving insurance. What is basic moving insurance?

USInsurance.com states that:

Basic Carrier Liability

Basic Carrier Liability is the minimal amount of liability that must be provided to any consumer when transporting goods at no extra charge. Also called the “released value,” this insurance policy is limited to 60 cents per pound per article. If you are moving locally, you can consult with the mover in your state on what is the minimal liability for that state. When moving out of state, the minimal liability is assumed to be not greater than 60 cents per pound per article. Under this coverage, if a 10-pound item valued at $1,000 was lost or damaged and you agreed to a released value of shipment, the mover would be liable for no more than $6.00.

 

So make sure that your items are insured! Call 1 Los Angeles Movers today at 323.692.1060 to find out more.

 

Moving Insurance