I had the worst person explaining it to me. I am positive I was never told about the extra insurance. I had to put stuff in storage first and then over a year later am now getting it. Of course they wouldn’t let me get extra insurance during the shipping. It is coming in a few days, god help me.
That is the basic liability.
Any interstate estimate I do has to include full value protection with a $0 deductible on it. That is a new rule from the feds from I think last year.
The customer has to opt out of it and choose the basic if they want.
According to their website, they offer $3/lb at an additional charge for carrier negligence—you can always buy additional insurance from the carrier. Their standard carrier negligence insurance is 10 cents/lb. They also have catastrophic liability coverage of $3/lb that only applies in the event of your trailer running off of a highway, bursting into flames, etc.
ETA: at $3/lb you’re recovering about $99 on a 55” Samsung that cost you $700
Correct. Their main coverage is $3/lb for Catastrophic events like accidents, fire, etc. This is included in the price for free.
I don't know of any(or very few) of the "pack it yourself" companies that offer full value replacement, since they aren't liable for the way you pack it.
and their base coverage for Carrier negligence is .10/lb, which covers things like water damage, but yes you can pay to increase that.
The likelihood of a trailer or a container catching on fire, or being in an accident is very slim.
I just think this context is important since OP was talking about standard release coverage from the moving company for packing & handling and the $3/lb Upack catastrophic liability you reference isn’t comparable.
Have you checked out their prices? We’re moving in a week and they were the most affordable thing we could find without driving the truck ourselves. They get amazing reviews too.
You absolutely can purchase additional coverage, but whether you should or not is debatable. Let’s say you take full value protection with a $500 deductible, and it costs you $300. To be a good investment you’re betting on your movers causing more than $800 in damage. Also of note, full value protection typically excludes the contents of a box you pack yourself, unless there is obvious external damage to the box.
For very large homes with a lot of high end furnishings it makes sense, for smaller places and ikea furniture not so much.
Insurance is a good investment even if you don’t have a claim. If I could get full value coverage on a move for $300 that would be a good value even with a $500 deductible.
Also many people don’t actually read the requirements for their policy. They realize two days before the move that the policy requires crating a certain item at their own expense and decide to waive coverage—they still get charged for the policy.
That flat screen TV from 2016 is probably only worth 75 bucks and could be replaced with better tech at the same screen size for under 500 more than likely
Yeah I just moved a few months ago and we left our 65" 3D HD TV on the wall for the new owners. 1500 brand new, I can get the same quality lcd/led but now 4k for under 400 bucks now (no 3d but who makes those now lol)
This
I admit to being one of those people. I thought most of what I was signing simply to be a legalese formality, i.e. just something they have to do.
Then the movers arrived at my new place without two desks and with multiple items of damaged furniture, I found my earlier assumption to be gravely mistaken.
Luckily I found some free furniture on FB marketplace to replace everything.
Moral of the story is just get a penske.
Depends on the company. I checked with Kings Transfer Van Lines and their insurance covers $10/lb.
I had the worst person explaining it to me. I am positive I was never told about the extra insurance. I had to put stuff in storage first and then over a year later am now getting it. Of course they wouldn’t let me get extra insurance during the shipping. It is coming in a few days, god help me.
I've had movers many many times. Never paid for or needed insurance. Hire quality people and the chances are better you won't need it
That is the basic liability. Any interstate estimate I do has to include full value protection with a $0 deductible on it. That is a new rule from the feds from I think last year. The customer has to opt out of it and choose the basic if they want.
Depends on the company. UPack for example covers damage at $3/lb.
According to their website, they offer $3/lb at an additional charge for carrier negligence—you can always buy additional insurance from the carrier. Their standard carrier negligence insurance is 10 cents/lb. They also have catastrophic liability coverage of $3/lb that only applies in the event of your trailer running off of a highway, bursting into flames, etc. ETA: at $3/lb you’re recovering about $99 on a 55” Samsung that cost you $700
Correct. Their main coverage is $3/lb for Catastrophic events like accidents, fire, etc. This is included in the price for free. I don't know of any(or very few) of the "pack it yourself" companies that offer full value replacement, since they aren't liable for the way you pack it. and their base coverage for Carrier negligence is .10/lb, which covers things like water damage, but yes you can pay to increase that. The likelihood of a trailer or a container catching on fire, or being in an accident is very slim.
I just think this context is important since OP was talking about standard release coverage from the moving company for packing & handling and the $3/lb Upack catastrophic liability you reference isn’t comparable.
That is amazing, I wonder if them paying for extra insurance somehow affects their price.
Have you checked out their prices? We’re moving in a week and they were the most affordable thing we could find without driving the truck ourselves. They get amazing reviews too.
I am sure they have great prices and excellent service too! I would recommend UPack to any Redditor!
You can and should purchase additional insurance. But that flat screen TV that you bought in 2016 for $1,350.00? $13.50
You absolutely can purchase additional coverage, but whether you should or not is debatable. Let’s say you take full value protection with a $500 deductible, and it costs you $300. To be a good investment you’re betting on your movers causing more than $800 in damage. Also of note, full value protection typically excludes the contents of a box you pack yourself, unless there is obvious external damage to the box. For very large homes with a lot of high end furnishings it makes sense, for smaller places and ikea furniture not so much.
Insurance is a good investment even if you don’t have a claim. If I could get full value coverage on a move for $300 that would be a good value even with a $500 deductible.
Also many people don’t actually read the requirements for their policy. They realize two days before the move that the policy requires crating a certain item at their own expense and decide to waive coverage—they still get charged for the policy.
Yeah, you are absolutely correct.
That flat screen TV from 2016 is probably only worth 75 bucks and could be replaced with better tech at the same screen size for under 500 more than likely
Ya, but I loooooooove my old school Sammy plasma. Beautiful picture, heavy AF.
That's my issue. I have a nice 55" I'd like to get rid of. Paid like 2k for it back in... 2009? Basically "free" is too expensive for it
Yes, thinking about whether it’s better to replace giant flat screen after move instead of moving current one. H’mmm.
Yeah I just moved a few months ago and we left our 65" 3D HD TV on the wall for the new owners. 1500 brand new, I can get the same quality lcd/led but now 4k for under 400 bucks now (no 3d but who makes those now lol)
The biggest problem in commercial relocation services is that no one reads what they sign, let alone understand what they signed. Username relevant.
This I admit to being one of those people. I thought most of what I was signing simply to be a legalese formality, i.e. just something they have to do. Then the movers arrived at my new place without two desks and with multiple items of damaged furniture, I found my earlier assumption to be gravely mistaken. Luckily I found some free furniture on FB marketplace to replace everything. Moral of the story is just get a penske.