The industry standard coverage in Florida is 60 cents per pound. There is no additional cost for this coverage and it is included on every move. It is important to note that this coverage is not usually sufficient to cover the full repair or replacement value of an item if it is damaged. For example, if a piece of furniture weighing 100 pounds was damaged during your move, the maximum reimbursement would be $60.00. At HomeStretch Moving, we go to great lengths to wrap and protect your furniture so that there will be no damage, but in the event something gets nicked, scratched or otherwise damaged during your move, the liability would be limited to 60 cents per pound. This is not insurance, rather it is limit of liability.
This level of insurance can only be provided by a 3rd party. We recommend movinginsurance.com, we are certified to complete moves under their insurance umbrella. Your 3rd party insurer will provide you with full repair or replacement coverage for your entire move, or for specific items on your move. Depending on the level of coverage you select, the price can vary, may or may not include a deductable, and is paid directly to the insurance company. Depending on the items that are being insured, and the value of those items, there may be additional costs for your move in order to meet the insurance company's requirements for wrapping, protecting or crating your belongings. In addition to movinginsurance.com, you may also add moving insurance to some renter's insurance policies as well as your homeowner's insurance policy. There are a number of options for 3rd party insurance.
In many cases, it is not necessary to purchase any additional insurance for your move. Most homeowners insurance policies protect you from damage to you your home as well as to your belongings during the moving process. Renters insurance also usually provides coverage for damage to your belongings during a move. Before deciding on any particular add-on insurance coverage, you should check with your insurance company to find out whether or not you are already covered.