Confused About Valuation Coverage?

Confused About Valuation Coverage?

When you purchase valuation coverage for a commercial move, Washington Express Movers assumes liability for damages to all items handled by our team while providing moving services. Coverage is based on the designated dollar value of your organization’s assets.

With standard valuation, liability is set at $.60 per pound per item, not to exceed $50 per article for furniture and $5 per pound per item for electronics.

With extended valuation, loss or damage will be adjusted to the value of your property and condition at the time of loss, based on the lesser cost to repair or replace with new or used property of like kind and/or quality. You may purchase extended valuation at an additional cost of $12.50 per $1,000 of value up to a maximum of $50,000. Should a claim be filed, you agree to pay the first $500 as your deductible. *Coverage does not include intrinsic value, fine art or antiques.

Examples of Standard Valuation liability:

 

Confused About Valuation Coverage?
 

= 50 pounds x $.60 =$30.00 Maximum Liability for Loss or Damage

Confused About Valuation Coverage?
 

 = 200 pounds x $.60 = $120.00 Maximum Liability for Loss or Damage

Confused About Valuation Coverage?
 

= 5 pounds x $.60 = $3.00 Maximum Liability for Loss or Damage

Confused About Valuation Coverage?
 

 = 10 pounds x $.60 = $6.00 Maximum Liability for Loss or Damage