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Full Value Protection vs. Moving Insurance

It’s important to understand the differences between Full Value Protection and moving insurance when planning a move. Here are some key differences:

Full Value Protection

⚫ Provided by the moving company.
⚫ Designed to compensate you for damages or losses during the move, up to a minimum amount that you declare.
⚫ Does not require proof of negligence or fault on the part of the moving company.
⚫ Reflects the monetary value of the moving company's responsibility for your claims, up to certain limits.

Moving Insurance

⚫ Provided by a third-party insurance provider.
⚫ Offers more comprehensive coverage options than basic carrier liability or Full Value Protection.
⚫ May have fewer limitations and exclusions than Full Value Protection.
⚫ Coverage terms and options vary across providers and policies..

At STI Moving, we offer a Full Value Protection plan to provide compensation for unexpected losses or damages during the move. Contact us today to learn more about our Full Value Protection plan and how it compares to traditional moving insurance options.

Local Moves

In accordance with ICC regulations, your Bill of Lading issued by STI Moving and Storage provides you with FREE Valuation Coverage (i.e., insurance) at \$0.30 per pound per article valuation.

Long Distance Moves

All licensed moving companies are required to provide basic carrier liability insurance, which covers 60 cents per pound per item. This means that if an item is lost or damaged during the move, the moving company will only be liable for 60 cents per pound of that item. For example, if a 100-pound couch is damaged during the move, the moving company would only be liable for \$60.

*This is a minimum amount of protection, and the customer should be aware that this does not provide full coverage insurance for belongings. Having this protection does not exclude the purchase of additional third-party insurance.

Full Replacement Value Insurance

Some customers opt to purchase additional insurance through a third-party insurance provider. This can provide more comprehensive coverage and may have fewer limitations than basic carrier liability or full value protection.

It’s important to carefully consider your insurance options when planning a move. Very often, your homeowner’s insurance will cover moving from one residence to another, so please check with your broker. Otherwise, we recommend MovingInsurance.com.

This coverage needs to be obtained prior to the actual move day.

Claim Assistance

Our Claim Assistance program is here to assist customers who need to complete a claim form for items that need to be repaired or replaced. For help with submitting a claim, please visit: https://mymoveclaim.com

Our Services

Local Moving
Whether you are moving down the street, within the City or the Chicago Suburbs, STI Moving and Storage is your one stop shop in the Chicagoland area. We ensure that your experience is of the utmost satisfaction, at a very reasonable price. We are always just a phone call away.
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Long Distance Moving
Our long distance moving services are customized to your moving needs and our Relocation Consultants provide guidance and support to ensure a safe and successful long distance move, no matter where you’re going. We at STI Moving and Storage have the ability to relocate you anywhere in the country. Need help packing? We can help!
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Office Move
Your move is as unique as your business. Corporate Relocation requires careful planning to ensure a smooth execution and our Relocation Consultants are equipped to assist you throughout the planning process. We make your life easier during the stressful time of moving a business.
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White Glove Moving
Full service move with maximum precision and care. STI Moving and Storage, your trusted partner for premium white glove moving services. Our expert team of highly trained professionals understands the importance of your treasured belongings and treats them with the utmost care. Experience the difference of our white glove service today.
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Apartment Moving
Full service move with maximum precision and care. STI Moving and Storage, your trusted partner for premium white glove moving services. Our expert team of highly trained professionals understands the importance of your treasured belongings and treats them with the utmost care. Experience the difference of our white glove service today.
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