Valuation

Professional Valuation Services in Chicago, IL to Insure Your Assets

Understanding your loss and damage protection when moving with in Illinois.  Check out this video below courtesy of Illinois Movers and Warehousemen’s Association to understand what valuation is.

When it comes to relocation, the words valuation and insurance are used in a way that can be confusing to the average consumer. Valuation is a contractual agreement between you and your mover that will determine your reimbursement in the event of loss or damage – including unlikely catastrophic loss.

Valuation ServicesThe valuation charge is the compensation to the moving company for assuming more liability for your items than what is provided in the base transportation charges.

Most moving companies will give you a minimum amount of valuation for your move at no additional cost. This valuation is typically set at $0.30 per pound, which is very low for valuable items such as large screen televisions and computers. If your shipment includes items highly valuable items, consider adding more valuation.

Compare valuation and insurance options on the basis of coverage and cost to determine which one is best for you or your business.  Before you choose to purchase additional valuation coverage or moving insurance, make absolutely sure that your regular policies do not cover the transportation of your goods. Many insurance companies will cover claims for losses from fire or natural disaster when your items are being moved by a professional mover. Most often, these types of policies will not cover your damages if they’re caused by the movers.

Ask your move counselor about the details of your coverage and what are the available options.

Reviews from Our Clients

Review by Kristin Welsh
Moving Services
Rating 5 5 Star Moving Rating

"I had a great experience with Midwest. The movers arrived early, set up my entire home with protective pads and flooring, effectively moved all of my home items, and cleaned up afterward. I have actually used them twice. I had different employees each time, but both crews of men were equally prompt, professional, and efficient. I would highly recommend Midwest."
Review by Selene
Moving Services
Rating 5 5 Star Moving Rating

"The movers did an incredible job! Our second experience with your company is just as wonderful as our first. Your driver is an incredible leader. The rest of the crew was impressive as well. They all worked tirelessly through out the whole time. This move was stressful with the all the school closings and work changes but they made the whole experience much better."
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  1. In-home Estimate Face-to-face service may be your preference. Schedule an appointment that is convenient for you. We will come out, tour your home in person, and provide a free no-obligation move quote.
  2. Real-Time Video Survey Would you like to have a live video survey done by one of our senior relocation managers? Schedule a phone appointment that is convenient for you. We will connect via an app on your phone and virtually tour your home with you, then provide a free no-obligation move quote.
  3. DIY Video Survey Pressed for time or prefer to do it yourself? Download our virtual move survey app. Follow the process to record the items to be moved, hit send, and get a free move quote shortly after. We will handle everything via phone or email.