Additional Insurance Options
Elephant Moving and Storage is pleased to offer a variety of increased additional insurance for interstate relocation. The basic coverage of $.60 per pound per article is included automatically and free of charge with every move, and also with all storage. The two most popular additional overages our customers most frequently purchase for their interstate relocation are ‘Total Loss Only’ and ‘Full Replacement Value.’
Full Replacement Value – Lump Sum
This coverage is for a specified dollar amount (customer states that shipment is worth $XX,XXX). Any items specifically valued at greater than $500 must be noted at the time of purchase. Damaged and destroyed items are covered at full replacement value up to the lump sum amount of the insurance. Customers should be careful not to undervalue their total shipment since compensation is limited to the total lump sum amount specified at the time of purchase.
Full Replacement Value – Valued Inventory
This coverage offers full replacement coverage for a list of select items. You will be prompted to create an inventory list that includes the name, value and condition of each item. Damage to listed items is covered, but items not included on the valued inventory are not covered by the additional moving insurance (the basic coverage of $.60 per pound will apply to these items).
Stay tuned for more information on other types of moving insurance that are available for your local or long-distance move with Elephant Moving & Storage…