Moving Valuation
The College Movers team has been providing exceptional service to our local communities for almost a decade. While we pride ourselves on our excellent track record and exceptional moving services, we recognize that as humans mistakes can happen on occasion. We’re committed to providing each customer with the best options to fully protect your move. We offer three different valuation coverage levels, ensuring
that no matter your needs or budget, you’ll have the protection you want for a stress-free moving experience
that no matter your needs or budget, you’ll have the protection you want for a stress-free moving experience
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What is Valuation?
Valuation is the declaration by the shipper (customer) of the amount of the carrier’s maximum liability in the event of loss or damage. This covers loss or damage to the goods while in the care, custody, and control of the carrier. Valuation is not insurance. |
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1) (Platinum) - Released Value:
Released Value provides minimal protection at no cost to the customer. The College Movers assumes liability for no more than $0.60 per pound per article to a maximum of $2,000. You may increase this liability for loss or damage by paying additional valuation charges.
*Note: High Value Inventory is not applicable under this coverage
2) (Platinum Plus) - Added Value:
Added value provides coverage at a maximum liability of $1.50 per pound per article to a maximum of $4,000. The additional cost for this coverage is contained in our Platinum Plus rates.
3) Full Value:
Full Value Protection provides the most coverage at an additional cost. Shipper (customer) must select either a lump sum value for the entire shipment or an amount per pound that may not be less than $7.00 per pound, whichever is greater.
*Note: If the customer does not identify each item with extraordinary value on the High Value Inventory, the mover’s liability will be limited to no more than $7.00 per pound per article.
How Does Valuation Work?
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Dresser weighing 150 lbs. with current market value substantiated at $1,500.
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Valuation Examples |
Maximum Carrier Liability |
Released Valuation: 60¢ per pound per article (150lbs. x 60¢) |
$90.00 |
Added Valuation: $1.50 per pound per article (5lbs x $1.50) |
$225.00 |
Full Valuation: $100,00 of coverage purchased on a 10,000lb shipment |
$1,500.00 |
Valuation Vs Insurance
Valuation coverage and insurance are not the same. Moving Valuation is provided by a moving company and offers compensation for loss or damage based on a per pound declared amount. It is a declaration by the customer of the amount of value, on a per pound basis, they would like placed on their items during the move. Valuation coverage is regulated by Federal law and is a level of liability that shipping companies and moving companies assume—meaning that, if your goods are lost or damaged, the mover agrees to pay a specified amount. Acts of God, fire and other unforeseen events are not covered.
Insurance is a contract between you and an insurance company. You pay a premium, and the insurance company will protect you from loss, up to the limit covered in the policy. It may also provide coverage for loss due to acts of God, fire and other unforeseen events. Only an insurance company or licensed agent can sell you insurance. .You have the right to decline both valuation options and purchase your own third-party insurance to protect your move.
Insurance is a contract between you and an insurance company. You pay a premium, and the insurance company will protect you from loss, up to the limit covered in the policy. It may also provide coverage for loss due to acts of God, fire and other unforeseen events. Only an insurance company or licensed agent can sell you insurance. .You have the right to decline both valuation options and purchase your own third-party insurance to protect your move.
Third Party Insurance
Customers do have the option to purchase additional coverage through a third-party insurance company as well. College Movers will still provide the valuation coverage selected, and the insurance company will cover any additional loss in excess of the valuation coverage provided. It is important to make sure to talk with your insurance provider to make sure you have enough insurance coverage for your move.
Some home insurance policies have relocation already included in the policy, or can provide additional relocation coverage with your home policy!
Some home insurance policies have relocation already included in the policy, or can provide additional relocation coverage with your home policy!
Home Coverage
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Protection for the home is dependent on the package chosen. If your package includes a deductible, the customer is agreeing to self-insure up to their $250 deductible for any damage caused to the home. With the Platinum Plus and Full-Value packages, there is no deductible for your home
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Claims & Terms
Moving Valuation is NON-REFUNDABLE once purchased. Any and all claims must be filed with College Movers within 7 days of service.
Claims Process
1. All damage claims must be submitted in be submitted in writing via email to
[email protected] within 7 days of your moving date
2. Claims must include photos of all damages and descriptions of affected items
3. College Movers will provide a thorough investigation to the damages and respond to all
claims within 48hours, Monday-Friday.
4. A full payment on the day of your move is required to open any claim. College Movers
reserves the right to refuse to process any claim that does not pay their full balance.
Exclusions Apply. See Terms & Conditions for more details
Claims Process
1. All damage claims must be submitted in be submitted in writing via email to
[email protected] within 7 days of your moving date
2. Claims must include photos of all damages and descriptions of affected items
3. College Movers will provide a thorough investigation to the damages and respond to all
claims within 48hours, Monday-Friday.
4. A full payment on the day of your move is required to open any claim. College Movers
reserves the right to refuse to process any claim that does not pay their full balance.
Exclusions Apply. See Terms & Conditions for more details
