Full Value Replacement Coverage & Release Value: What Does It Mean?
Knowing the difference between Full Value Replacement Coverage and Release Value while your household goods are in Condor Moving Systems possession is crucial in the event an item is lost, damaged or destroyed.
Every Condor move includes released value coverage at no extra cost. It’s our basic liability as your mover, not insurance: we’re liable for up to 60 cents per pound per article. Condor Moving Systems doesn’t sell full value replacement coverage itself.
Full Value Replacement Coverage –
Full value replacement coverage is available only through Baker International, an independent company that specializes in moving insurance. You buy it directly from Baker, and Baker sets the price and the terms. Under a Baker policy, a covered loss is settled on replacement value, not on the weight of the item (get a Baker quote).
If you buy Baker coverage and something is lost or damaged, file with Baker first at bakerintl.com/claims. It’s important to understand your options before moving day; our moving coverage page explains both in plain English.