Valuation Coverage

Protect Your Valuables with Valuation Coverage

When entrusting your belongings to a moving company, having the right coverage in place gives you true peace of mind. At Leaders Moving & Storage Co., we take the stress out of moving by providing customized valuation options to safeguard your valuables.

Why Valuation Coverage Matters

Did you know that claims are filed on up to 20% of all household moves? We take pride in our consistently low claims rate of less than 10% over the past decade, but accidents can happen. Valuation coverage ensures you’re protected if the unexpected occurs.

Choosing the Right Level of Protection

The standard minimum liability coverage offered by most movers is $ 0.60 per pound per item. This means if your 75 lb television is damaged, the maximum the mover would pay is $45 (75 lbs x $0.60). This level of coverage is generally inadequate, as it fails to account for the true value of your belongings.

In contrast, Leaders Moving & Storage never offers this minimal $ 0.60 per pound coverage. Instead, we provide full replacement value protection at no additional cost. This ensures you are fully compensated for any damaged or lost items, based on their actual market value – not an arbitrary per-pound rate.

Our most popular option, this coverage reimburses you based on the current depreciated value of your items at no additional charge. This is ideal for most household goods that can be repaired rather than replaced.

Maximum Reimbursement: You are guaranteed a maximum reimbursement of $2.25 per pound of your shipment’s weight, or the declared value, whichever is greater.
Protection Against Loss: Your shipment is protected against loss or damage up to the declared value.
Peace of Mind: Knowing your shipment is insured can provide peace of mind during transit.

The highest level of protection, this coverage reimburses you for the full replacement cost of your belongings in the event of damage or loss. This is best suited for total loss scenarios, such as a fire.

Maximum Reimbursement: You are guaranteed a maximum reimbursement of $5.00 per pound of your shipment’s weight, or the declared value, whichever is greater.
Full Replacement Cost: Your shipment is protected against loss or damage up to the full replacement cost, providing peace of mind during transit.
Adequate Coverage: This coverage is particularly important for high-value or fragile items that may be susceptible to total loss.

Protecting What Matters Most

While there are some exclusions, such as valuables like jewelry and collectibles, our valuation coverage encompasses the majority of your household items. Our team of specialized claims professionals will work closely with you to ensure a seamless resolution if the unexpected occurs.

Take the Worry Out of Your Move

With Leaders Moving & Storage Co., you can have total confidence that your valuables are safeguarded every step of the way. Contact us today to learn more about our valuation coverage options.