What Is Moving Insurance?

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Well, one type of moving insurance is full coverage. It's for when you're having a moving crew load and drive your valuables to their new location. There are two types of Full Coverage moving insurance:

This type of coverage applies to goods transported or stored by a full service moving company.
All Risk Insurance offers two options

Full Replacement Value - Valued Inventory

• This is the most comprehensive insurance option available and provides the best coverage. This insurance is offered for Interstate (moving from state to state), Intrastate (moving within the same state), and International shipments. For your benefit and for proper coverage, you must list and declare a replacement value on all of the items that you wish to insure. Items may be categorized as a group, such as "living room set, 7 pieces". However, please remember that in the event a claim is filed for any of the items in that category, the settlement amount may reflect the average value of the declared grouped items in that category.
• Full Replacement Value - Lump Sum
  This insurance is offered for Interstate shipments only (moving from state to state) and for International shipments. The total coverage amount is determined when you, the assured, place a lump sum value on all of your goods to be insured considering the declared value of the shipment equals no less than $6.00 times the weight of the shipment. Any items individually valued at $500 or more need to be listed separately in order to be covered at their specific replacement value.