Moving Valuation Coverage | Safebound Moving & Storage
Moving valuation coverage explained: Released Value vs Full Value Protection. $750,000 insured. 4.9 stars, 2,401 reviews. Call 561-510-7191.
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Moving Valuation Coverage
A 50-pound dresser worth $1,200 is covered at $30 under basic moving valuation. That is not a typo. Federal law sets the default liability at $0.60 per pound per item, which means the payout is based on volume (cubic footage), not what you paid. If you do not choose a higher coverage level before moving day, that $30 is all you receive when the dresser arrives with a cracked leg. This page explains the three coverage levels available on interstate moves and how to decide which one fits your inventory.
Valuation coverage is not insurance. It is a federally regulated liability level that determines how much the moving company pays if an item is lost or damaged during transport. The Federal Motor Carrier Safety Administration requires every licensed carrier to offer at least one level of valuation on interstate moves.
A 50-pound dresser worth $1,200 is covered at $30 under basic moving valuation. That is not a typo. Federal law sets the default liability at $0.60 per pound per item, which means the payout is based on volume (cubic footage), not what you paid. If you do not choose a higher coverage level before moving day, that $30 is all you receive when the dresser arrives with a cracked leg. This page explains the three coverage levels available on interstate moves and how to decide which one fits your inventory.
What Moving Valuation Coverage Actually Means
Valuation coverage is not insurance. It is a federally regulated liability level that determines how much the moving company pays if an item is lost or damaged during transport. The Federal Motor Carrier Safety Administration requires every licensed carrier to offer at least one level of valuation on interstate moves.
Safebound Moving & Storage (USDOT 2900155) carries $750,000 in liability coverage on every move, which protects against catastrophic loss including fire, collision, and theft during transport. Individual item claims fall under the valuation level you select before your move. Get a free quote or call 561-510-7191.
Released Value Protection: The Default Option
Released Value Protection is included at no additional cost on every interstate move. Under this option, the carrier's liability is limited to $0.60 per pound per article. Coverage is based on volume (cubic footage), not replacement cost.
What that means in practice:
| Item | Weight | Replacement Cost | Released Value Payout |
|---|---|---|---|
| 50-inch TV | 35 lbs | $800 | $21 |
| Leather sofa | 100 lbs | $2,500 | $60 |
| Antique dining table | 150 lbs | $4,000 | $90 |
| Desktop computer | 25 lbs | $1,500 | $15 |
Released Value Protection works for moves where no single item carries significant replacement cost. If your furniture is standard and replaceable, this level keeps the cost of the move lower. You must sign a specific statement on the bill of lading to select this option.
Full Value Protection: Replacement-Cost Coverage
Full Value Protection is available at an additional cost and provides replacement-level coverage. Under this option, the carrier must do one of the following if an item is lost or damaged:
Repair the item to its pre-move condition. Replace it with an item of similar kind and quality. Make a cash settlement for the current market replacement value or the cost of repair, whichever is less.
Items valued at more than $100 per pound must be listed individually on your shipping documents with their declared value. This includes jewelry, antiques, silverware, electronics, and artwork. If you do not declare high-value items before the move, the carrier can limit liability to $100 per article on those items.
Safebound provides a High Value Inventory form during the booking process. List every item exceeding $100 per pound before moving day to ensure full coverage applies.
Third-Party Moving Insurance
Moving companies are not licensed to sell insurance. Only licensed insurance providers can issue a moving insurance policy. If you want coverage beyond what the carrier's valuation provides, purchase a separate policy from a third-party provider before your move date.
Two providers that specialize in moving insurance:
MovingInsurance.com (888) 893-8835. Policies cover damage, loss, and delay. Coverage is based on declared value, not weight.
Baker International Insurance (800) 356-0093. Offers policies for domestic and international moves with customizable coverage levels.
Third-party policies typically cost 1 to 3 percent of your total declared shipment value. A $50,000 declared value would cost $500 to $1,500 for full coverage. Purchase the policy before loading day because coverage must be active when the shipment begins.
How to Decide Which Coverage You Need
Released Value works when: your inventory is standard furniture with no single item worth more than a few hundred dollars, or you already carry a homeowners or renters policy that covers belongings in transit.
Full Value Protection works when: you have furniture, electronics, or artwork with significant replacement costs, and you want the carrier to be liable at replacement value rather than weight.
Third-party insurance works when: your shipment includes high-value collections, antiques, or items that exceed the carrier's maximum liability, and you want an independent claims process.
Check your homeowners or renters policy before purchasing additional coverage. Some policies extend protection to belongings during a move, which may eliminate the need for third-party insurance.
Safebound Moving Rates
For local moves in South Florida, Safebound's hourly rates apply:
| Crew Size | Hourly Rate | Minimum |
|---|---|---|
| 2 movers | $135/hr | $540 |
| 3 movers | $180/hr | $720 |
| 4 movers | $225/hr | $900 |
Every local job includes 3 hours of labor plus 1 travel hour. Long-distance moves are priced by shipment size and distance. All moves include $750,000 in coverage. Safebound has completed 35,000+ moves with a 4.9-star rating from 2,401 Google reviews. Call 561-510-7191 or request a free quote to discuss coverage options for your move.
Frequently Asked Questions
How does insurance work when moving?
Moving companies do not sell insurance. They offer valuation coverage, which is a federally regulated liability level. Released Value Protection covers $0.60 per pound per item at no cost. Full Value Protection covers replacement cost at an additional charge. For actual insurance, purchase a policy from a third-party provider like MovingInsurance.com or Baker International before your move date.
How expensive is moving insurance?
Third-party moving insurance typically costs 1 to 3 percent of your total declared shipment value. A shipment declared at $30,000 would cost $300 to $900 for full coverage. Released Value Protection from the carrier is free. Full Value Protection from the carrier costs extra and varies by shipment size and declared value. Call 561-510-7191 for Safebound's Full Value Protection rates.
What kind of insurance should movers have?
A licensed moving company should carry cargo liability insurance and public liability coverage. Safebound Moving & Storage carries $750,000 in coverage on every move. Verify any mover's insurance status by searching their USDOT number at safer.fmcsa.dot.gov. Safebound holds USDOT 2900155. If a company cannot show proof of insurance, do not hire them.
Is it worth getting moving insurance?
If your shipment contains items with high replacement costs and your homeowners or renters policy does not cover belongings in transit, third-party moving insurance is worth the cost. A $500 policy on a $50,000 shipment protects against losses that Released Value Protection would cover at pennies on the dollar. For standard household goods with no high-value items, the carrier's valuation coverage is typically sufficient.
Does my homeowners policy cover a move?
Some homeowners and renters policies include coverage for personal property during transit. Check with your insurance provider before purchasing additional moving coverage. If your policy covers belongings in transit, you may only need Released Value Protection from the carrier, which is free. Get the coverage details in writing and confirm there is no exclusion for professional moving companies.
What do I need to file a moving damage claim?
Document the damage immediately at delivery. Note the damage on the bill of lading before signing, take photographs from multiple angles, and file a written claim with the carrier within 9 months of delivery. The carrier has 30 days to acknowledge the claim and 120 days to resolve it. Safebound provides a claims process with direct contact to the operations team at 561-510-7191.
Safebound Moving & Storage, headquartered in West Palm Beach, Florida, holds USDOT 2900155, MC MC00975408, and Florida license IM2839 with $750,000 in insurance coverage. BBB Accredited, ProMover Certified, AMSA Member, and Forbes Featured. License verification: fdacs.gov | safer.fmcsa.dot.gov
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Frequently Asked Questions
Don't let unanswered questions hold you back. Let's extinguish those burning questions!
In many cases, yes. Your move price can be guaranteed if your estimate is based on accurate information and the services do not change. Safebound Moving & Storage offers flat-rate and binding estimates designed to give you a clear, predictable cost for your move so you know what to expect before moving day.
A guaranteed price depends on the details provided during the quoting process, including the inventory list, pickup and delivery locations, access conditions, and any additional services such as packing or storage. When this information is correct and the scope of the move stays the same, the price listed on your estimate will not change.
Yes. Safebound Moving & Storage is fully licensed and insured to perform both local and long-distance moving services. We operate in compliance with state and federal regulations, including registration with the U.S. Department of Transportation for interstate moves. Our licensing allows us to legally transport household goods across state lines and ensures we meet the required safety, insurance, and operating standards for professional moving companies.
In addition to our licensing, we carry the proper insurance coverage to protect your belongings while they are in our care. All moves include basic valuation coverage as required by law, and we also offer additional coverage options for customers who want extra protection for high-value items. Our team will explain these options during the estimate so you can choose the level of protection that best fits your move.
Being licensed and insured is one of the most important things to verify when hiring a moving company, especially for long-distance relocations. Working with a properly registered carrier helps ensure accountability, transparent pricing, and professional handling of your shipment from pickup through delivery.
US DOT: 2900155
MC: 975408
FL: IM2839
Our flat-rate pricing is designed to give you a clear, all-inclusive cost for your move with no surprises on moving day. When you receive a flat-fee quote from Safebound Moving & Storage, it is based on the inventory, distance, and services discussed during your estimate, and it includes the labor, transportation, and standard moving materials needed to complete your move.
In most cases, the flat fee includes loading and unloading, transportation, basic furniture protection with padded moving blankets and shrink wrap, disassembly and reassembly of standard furniture, and placement of items in your new home according to your instructions. We also include fuel, mileage, and the use of our moving truck and equipment, so you do not have to worry about hidden charges being added later.
If packing services are included in your quote, the flat fee will also cover the agreed-upon packing labor and materials. If storage is part of the move, the estimate will outline the storage period and any applicable fees in advance so you know exactly what is included.
Because every move is different, your flat fee only covers the services listed on your estimate. Additional items, extra packing, long carries, shuttle service, or changes to the inventory may affect the final price, which is why we take time during the quoting process to make sure your estimate is as accurate as possible. Our goal is to provide straightforward pricing so you know exactly what to expect before your move begins.
Yes. Safebound Moving & Storage has extensive experience handling fragile, high-value, and specialty items, and we take extra precautions to ensure they are packed, transported, and delivered safely. Our crews are trained to properly protect delicate belongings such as glassware, artwork, antiques, mirrors, electronics, marble, sculptures, and other items that require careful handling.
We use professional packing materials including padded moving blankets, shrink wrap, custom boxes, and specialty cartons designed for dishes, TVs, artwork, and other sensitive items. When needed, we can also provide custom crating for especially valuable or oversized pieces to give them additional protection during transport.
For customers with high-value furniture or designer pieces, our team follows detailed packing and loading procedures to prevent damage during both local and long-distance moves. Each item is carefully wrapped, labeled, and secured in the truck to minimize shifting while in transit.
If you have items that you are particularly concerned about, we recommend letting us know in advance so we can plan the proper materials, crew size, and equipment for your move. Our goal is to make sure every item — from everyday household goods to your most valuable possessions — arrives in the same condition it left.
Yes, Safebound Moving & Storage provides professional long-distance moving services throughout Florida and across the United States. Whether you are relocating to a neighboring state or moving across the country, our team is equipped to handle every aspect of your move from start to finish.
Long-distance moves require careful planning, accurate scheduling, and experienced crews. We coordinate packing, loading, transportation, storage (if needed), and delivery to ensure your belongings arrive safely and on time. Our team works with you to create a clear moving plan so you know what to expect at every step of the process.
We regularly handle moves between Florida and major destinations such as Georgia, Texas, the Carolinas, the Northeast, and the Midwest, as well as cross-country relocations. Our trucks, equipment, and trained movers are prepared for both small apartment moves and large household relocations.If you need temporary storage during your long-distance move, we also offer secure, climate-controlled storage at our facility until you are ready for delivery.
When you request a quote, we will review the distance, inventory, timeline, and any special requirements to provide an accurate estimate and a realistic delivery window. Our goal is to make your long-distance move as smooth, organized, and stress-free as possible.