Assessed Value – The figure used to insure the household goods
involved in a professional move. The owner will pay an amount of money
per one thousand dollars in assessed value. For example, a moving
company and the owner determine that there is approximately one hundred
thousand dollars worth of goods in the move; the owner will then pay a
set price per thousand dollars worth of goods to insure them against
damage or loss.
Advanced Moving Charges - Any extra fees or
charges made to a customer for professional services provided by an
individual or an agency other than the mover. Kent Moving Cross Country
Standard Coverage - Movers, by law, are required to provide a minimum
amount of free coverage. This number, typically 60 cents, refers to the
amount of money you will receive per pound of damaged goods. This
coverage is a bare minimum and should not be relied upon to cover you
for any significant damage. For example, if you have a priceless vase
which weighs two pounds, you would only be entitled to .20 of
compensation if the vase is damaged in transit.
Peak Season Rates - A premium rate that is charged at certain times of
the year. This rate is generally applied in the summer months.
Valuation only covers your goods for damage or loss if you can prove
negligence on the part of the carrier. IT DOES NOT cover any loss or
damage due to Acts of God, (high winds, earthquakes, tornadoes,
hurricanes) riots, strikes, civil commotion, etc. and all claims are
settled by employees of the carrier that damaged your goods. The
valuation charge compensates the mover for assuming a greater degree of
liability than that provided for in the base transportation charges.