What Those Moving from Oklahoma City Should Understand about the Valuation of Their Belongings.

The valuation of goods being shipped in any transfer of a person, family, or business from Oklahoma City to some other place – or from anywhere to anywhere – is heavily regulated by the federal government.

man putting books in a moving boxYes, generally speaking, your moving company is legally liable for any loss of or injury to your belongings at any time during the haul. It’s also liable for loss and damage while its crews are handling your belongings in fulfillment of any other Oklahoma City moving services for which you contracted. Such services should be spelled out on the bill of lading: packing, unpacking, disassembly and reassembly, for example.

There are, however, limits to your moving company’s liability. Those limits are established by the federal Surface Transportation Board’s Released Rates Order. You can examine a current copy of it here.

The important thing is, know what choices you have for the security of your household goods. And know your Oklahoma City moving company. Just because a mover makes it known his firm is “fully insured and bonded” is no insurance that your goods themselves are automatically covered. In the same vein, your local mover being related to a well-known national van line is no insurance that you’re protected either. In both events, you may find it necessary to get get hold of added third-party liability insurance. Your mover might offer to sell it to you, but he’s not obligated by law to do so. Ask questions up front to find out  exactly what’s necessary.

Don’t forget this when you’re looking into your various avenues here in Oklahoma City: Two different levels of moving-company liability apply to interstate moves – Full Replacement-Value Protection and Waiver of Full Replacement-Value Protection, or Released Value.

 A-1 Freeman Moving Group Oklahoma City Moving Terms Infographic


Obviously, Full Replacement-Value Protection provides you with the most all-embracing coverage. But selecting it means your move costs will rise. With this level of liability (subject to allowable exceptions in your mover’s tariff), your mover will either take care of whatever repairs are required to reconvert a damaged piece to the condition it was in when he received it from you … or he’ll don’t object to paying more. Whatever valuation you and your mover come to terms with, it has to be noted on your mover’s tariff. Note also that movers are granted authority to limit their Full Replacement-Value liability for loss or damage of pieces valued exceedingly high. Those would be items valued at $100 or more per pound, such as jewelry, antiques, silverware, china, oriental rugs, and so forth. Ask for further details on all this from your mover. Ultimately, though, it falls on your shoulders to declare accurately.

If you go for a Waiver of Full Replacement-Value Protection, or Released Value, you will, of course, be getting minimal liability protection. But it won’t cost you a dime. What this degree of protection does is limit your mover’s liability to no more than 60 cents per pound, per article. Obviously, that won’t provide you with enough of a reimbursement to replace any piece valued above 60 cents per pound! Things like stereo equipment, gym equipment, computer hardware, and computer software are thus considerably more at risk. That’s something to ponder before you sign a contract!

You may, though, have one more option: your current homeowner’s policy. Review it and speak with your insurance agent to discover if there’s anything in it regarding coverage of goods during a relocation. If so, you could find the minimum level of mover liability coverage – Released Value – sufficient.

Just make sure you’re fully apprised of what degree of protection your moving company is including in his quote: Full Protection or Released Value. That way, you should be completely prepared for nearly anything your move throws at you!


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