There are two basic, but very different, types of coverage.
- Basic Carrier Liability: This coverage would pay 60 cents per pound per article for loss or damage, and is included at no additional charge. But it is extremely limited coverage – for example, a 20 pound television would be settled for $12.
- Full Replacement Value: This coverage is equal to the repair or replacement cost at current prices. A deductible option can reduce the premium, if desired. Be sure to discuss this with your moving counselor.
