The most common types of moving valuation are:

Released Value This is the most basic coverage that every moving company is obligated, by law, to extend to clients. It is included in the price of the move. With this option, the value of goods is based solely on weight; household goods are covered for $0.60 per pound. For example, if a two-pound lamp gets broken, the owner will be compensated $1.20.
Full Replacement Value (RVP) This is the offer to provide the full value necessary to replace damaged, lost, or stolen goods. This is the most comprehensive coverage that a moving company will provide—and it is also the most expensive. Under this protection the mover is liable for the full value of their itemized goods, minus any deductible. As one might expect, the lower the deductible, the higher the cost for coverage.The moving company will determine the value of any damaged goods and decide whether to replace the item(s), repair the damage, or offer a cash settlement. Clients who choose to waive this level of coverage in order to reduce moving costs should be aware that their level of protection is also reduced.
High-Value Inventory If moving items that are valued at more than $100 per pound, it's important for the client to complete a high-value inventory form. This form indicates the condition of valuables prior to the move, and both the client and the driver have to sign off on it. Should anything unexpected happen and something is damaged, high-value belongings are protected. The protection amount for high-value items is entirely up to the client.
Third-Party Insurance Coverage Consumers who choose to purchase third-party insurance will increase their compensation for lost or damaged goods. The insurance company will assume responsibility for the value of all items above the 60 cents per pound that the moving company is obligated to pay.Some Homeowners' insurance packages offer protection for items during transport. For this reason, it is recommended that clients check their policy before purchasing third-party insurance. They can usually add on moving insurance for a small fee.

The most common types of third-party insurance policies are:

Trip Transit Insurance This covers personal property for perils including theft, disappearance, or fire while in transit or storage—but does not provide coverage for breakage. Trip transit insurance can be written for the full value of property or as excess coverage over and above that provided by the moving company.
Generalized Replacement Insurance As covered previously, the insurance company will cover belongings over the 60 cents per pound that the moving company is obligated to pay.
Itemized Replacement Insurance The insurance company will cover belongings over the 60 cents per pound that the moving company is obligated to pay based on an itemized list the mover provides.
Total Loss Only This is a special type of moving insurance that is set aside for protection against a catastrophe such as a fire or flood.

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