The most basic and most common form is Standard Repair Coverage Insurance. This level of insurance only offers $0.60 per pound per item towards replacement or repair. If the movers drop your $500 flat screen monitor, with the Standard coverage you’d only see an $18 check. Most reputable moving services will offer another form of insurance, called Full-Value Replacement Coverage, which covers (just like it sounds) the full value of every item listed in your inventory. This coverage is generally available as a paid upgrade but is relatively cheap.
Contributors: Mike Glanz from HireAHelper