By law, movers are required to provide basic coverage for every move at no charge. This coverage is based on weight and the value of items lost or damaged is evaluated solely on the weight regardless of the actual value. This coverage is $.30 or $.60 per pound depending the state you are moving from or within. The coverage for all interstate moves is $.60 per pound.
For example, a night table that weighs 10 pounds was damaged during a move from New York City to Greenwich, Connecticut. Regardless of the actual value, if you carried the basic coverage that was provided to you by Arthur Werner Moving & Storage, Inc, the compensation for replacement or repair of this item would be $.60 per pound totaling $6.00.
Moving an apartment or a house from point to point involves risk of damage. Although 99% of moves are damage-free, we recommend that you enhance your coverage. The following are options available for you to select from either your insurance company or ours.
Check your homeowner's/renter's insurance policy. You may be covered for moving. If not, check the cost for your insurance to cover you. It may more cost effective for you due to your existing relationship with your insurance provider.
Coverage available through Arthur Werner Moving & Storage, Inc.
Full Replacement Value - Policies work in the following way and are considered the premier coverage available. In a legitimate claim, an item lost or damaged by Arthur Werner Moving & Storage, Inc. beyond repair, will be settled for the full value of the item either by replacing or paying the cost of the item in today's market. This type of coverage is recommended when you own items that appreciate in value. To purchase this coverage you must declare the full value of the entire shipment and pay the premium accordingly. The cost for this type of coverage is 1% of the declared value depending on the state you are are moving within. All interstate moves are 1% of the declared value. When your move requires coverage over $30,000, special rates are available. Please ask your sales person for more details. To obtain 'Full Replacement Value' coverage form please
click here.
Full Replacement Value Select - Coverage gives you the same coverage as 'Full Replacement Value' with the following changes. This coverage doesn't require the shipper to declare the full value of the shipment. You can chose only the specific items that you want insure and pay the premium accordingly. The rest of the shipment can be insured with lower cost policies or can be covered by the basic coverage provided by Arthur Werner at no additional charge. It is recommended to have all your insurance arrangements made prior to your move date. If you chose this coverage for your upcoming move, you can email the form to us at any time and the charge for the premium will be added to your bill. To obtain the 'Full Replacement Value Select' form please
click here.
Depreciated Value - Policies work in the following way. For a legitimate claim, you will be compensated for items lost or damaged by Arthur Werner Moving & Storage, Inc. The original purchase will be used as a basis and then a deduction will be made for a loss in value for the time period when the item was purchased through the present date. This calculation will be made by an adjustor representing the mover's insurance company. This policy does not cover items that appreciate in value. The maximum compensation for these items will be the original purchase price. In order to purchase this type of policy, you must declare the full value of the shipment in its' entirety and pay the premium accordingly. The cost for this policy is $5 per $1,000 of coverage requested. To obtain 'Depreciated Value' coverage form please
click here.