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Cost of moving insurance

The coverage every mover must offer is not the coverage most households actually need — here's the real gap.

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Short answer: basic released-value coverage ($0.60/lb per item) is included free by law but badly undervalues most belongings. Full-value protection typically costs 1–2% of your shipment's declared value — roughly $500–$1,000 for a $50,000 household.

Quick facts
Released-value (minimum, free) $0.60/lb per item
Full-value protection 1 – 2% of declared value
Example: $50k shipment ~$500 – $1,000
50-lb TV under minimum coverage Pays out $30

Why the "free" coverage isn't enough

Released-value protection is required by federal regulation on every interstate move, at no extra cost — but it pays out based on weight, not actual value. A 50-lb television destroyed in transit is covered for exactly $30 (50 × $0.60), regardless of whether it cost $200 or $2,000. For anything with real replacement value, this minimum is closer to a legal formality than meaningful protection.

What full-value protection actually buys you

Full-value protection means the mover is responsible for the item's actual current value (or its repair/replacement cost) if it's lost, damaged, or destroyed — not a weight-based formula. This is the upgrade most households with any meaningful furniture or electronics should seriously consider, typically priced as a percentage of your total declared shipment value.

When to look at third-party coverage

Ask about this before, not after, the move

Confirm exactly what coverage level is included in any quote you're comparing, and what full-value protection costs as an add-on — it's an easy thing to overlook when comparing headline prices, and the gap between minimum and real coverage is larger than most people expect.

Frequently asked questions

Do movers include insurance automatically? +

They include basic released-value protection by law — $0.60 per pound per item, regardless of the item's actual value. That is not real insurance in the everyday sense; it's a liability minimum, and most households need more.

How much does full-value protection cost? +

Typically 1–2% of your shipment's declared value — for a $50,000 household shipment, that's roughly $500–$1,000, though exact pricing varies by mover and deductible options.

What does released-value coverage actually pay out? +

A 50-lb TV destroyed in transit is covered for $30 (50 lbs × $0.60), regardless of what the TV actually cost — this is the coverage every mover must offer at minimum, and it badly undervalues most modern households' belongings.

Should I buy separate moving insurance from a third party? +

Worth considering for high-value items (art, antiques, electronics) beyond what your mover's full-value protection covers, or if you want coverage independent of the moving company's own claims process.