Value means different things to different people. For some, it is a simple, tangible and easily calculated concept. For others it’s a bit more open ended.
When it comes to relocation, value usually refers to both money and convenience. It often comes down to how much it would literally cost to replace items broken in a move as well as things like what it might cost to move during a certain time of year. In keeping with this week’s series on word definitions, the following terms are all about defining the value of your move.
HIGH VALUE ARTICLE
There is a Moving Industry figure that has been created to put a standard value on replacing items. Generally, when items are damaged during a move this figure, referred to as “released value”, is applied. This rate is generally 30-60 cents per pound for each item and this amount is automatically covered by the moving company with no additional insurance needing to be purchased. A High Value Article is an item that has a value of more than $100 per pound. Things such as furs, rugs, jewelry and electronics fall into this category. These items require a separate form called a “High Value Inventory Form” to be filled out.
PEAK SEASON RATES
When is the best time of year to move? Even though there is a season for everything, you will find many different opinions on this topic. Every time period has its pros and cons. While Winter is inconvenient from a weather perspective, it may be less expensive to hire a mover. And while Summer may guarantee good weather, it is also what is considered in the industry to be Peak Season. In order to avoid especially high prices between June and September, it is important to book your mover early.
Although there is some regulation and consistency between moving companies, each one is able to set their own rates. This responsibility is set forth by the Surface Transportation Board, and results in the creation of what is known as a Tariff. A Tariff is a document created to fully outline and explain what a moving company offers and how they calculate their pricing. It is designed to give an overview and to create accountability. Every professional moving company should have a Tariff available for you to consult upon request and we highly recommend taking a look at it to avoid hidden charges.