What is the compensation limit for damages during a move?

The compensation limit for damages during a move is commonly set at a rate of up to $1 per pound per article. This figure reflects the minimal standard of liability that movers often provide unless otherwise specified in the moving contract. This means that if an item is damaged or lost during the moving process, the mover would be responsible for reimbursing you based on its weight, capping at the stated amount.

Understanding this limit is crucial because it helps consumers recognize the level of protection they have when utilizing moving services. If someone were to hire movers and not secure additional insurance, they could potentially face significant financial losses if their items are damaged, as the compensation does not cover the full value of the items.

Some moving companies offer options for full value protection, which is generally more costly but provides better coverage, but not all consumers choose this. Therefore, it's essential to review any moving contract carefully to know what liabilities apply and whether additional coverage is worth considering based on the value of your possessions.