Assessed Value – The figure used to insure the household goods involved in a professional move. The owner will pay an amount of money per one thousand dollars in assessed value. For example, a moving company and the owner determine that there is approximately one hundred thousand dollars worth of goods in the move; the owner will then pay a set price per thousand dollars worth of goods to insure them against damage or loss. Advanced Moving Charges - Any extra fees or charges made to a customer for professional services provided by an individual or an agency other than the mover.

Standard Coverage - Movers, by law, are required to provide a minimum amount of free coverage. This number, typically 60 cents, refers to the amount of money you will receive per pound of damaged goods. This coverage is a bare minimum and should not be relied upon to cover you for any significant damage. For example, if you have a priceless vase which weighs two pounds, you would only be entitled to .20 of compensation if the vase is damaged in transit. Compare Moving Companies

Peak Season Rates - A premium rate that is charged at certain times of the year. This rate is generally applied in the summer months.

Valuation only covers your goods for damage or loss if you can prove negligence on the part of the carrier. IT DOES NOT cover any loss or damage due to Acts of God, (high winds, earthquakes, tornadoes, hurricanes) riots, strikes, civil commotion, etc. and all claims are settled by employees of the carrier that damaged your goods. The valuation charge compensates the mover for assuming a greater degree of liability than that provided for in the base transportation charges. Compare Moving Companies

Accessorial Service Charges - Any extra fees or charges made to a customer for services that include packing, unpacking, extra pick-ups (such as those made to storage units and facilities), or long carrying. Such charges are always in addition to set transportation rates and fees. Many moving companies also add fees when elevator carrying is required.

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