Moving Insurance Calculator

Written by James Crawford Certified Moving Consultant, CMC
Reviewed by Sarah Mitchell, CFP®
· 10 min read

Released Value Protection is free but covers only $0.60/lb (a 50-lb TV pays $30). Full Value Protection costs 1–3% of declared value. Third-party insurance costs $100–$500 for $25,000–$100,000 coverage.

Full Value Cost = Declared Value x 1–3% | Third-Party: $1–$5 per $1,000 coverage

Most people don’t realize that free basic coverage pays almost nothing in a claim. Understanding your insurance options is essential for protecting your household goods during transit.

Moving Insurance Calculator

Estimates based on industry averages and publicly available data. Actual costs may vary. Always obtain quotes from licensed professionals for accurate pricing.

What This Means

These estimates are based on national averages from licensed moving companies and industry data for 2026. Your actual costs may vary by 10–15%. Use this as a starting point and get multiple quotes.

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Types of Moving Insurance

TypeCostCoverage50-lb $1,000 TV Payout
Released ValueFree$0.60/lb per item$30
Full Value (mover)1–3% of valueRepair/replace/cash$1,000
Third-Party$100–$500Actual or replacement value$800–$1,000
Homeowner’s/Renter’sAlready payingVaries by policyVaries

Full Value Protection Costs

Declared ValuePremium (1–3%)Deductible Options
$10,000$100–$300$0, $250, $500
$25,000$250–$750$0, $250, $500
$50,000$500–$1,500$0, $250, $500
$100,000$1,000–$3,000$0, $250, $500

How to File a Claim

  1. Document everything before the move with photos/video
  2. Inspect every item at delivery, note damage on Bill of Lading
  3. File within 9 months (federal law for interstate moves)
  4. Submit written claim with photos and value documentation
  5. Mover has 30 days to acknowledge, 120 days to settle
  6. If denied: file FMCSA complaint or request arbitration

Frequently Asked Questions

Do I need moving insurance?

If your belongings are worth more than $5,000, yes. Free coverage pays only $0.60/lb. For long-distance moves, Full Value Protection or third-party insurance is strongly recommended.

What does basic coverage cover?

$0.60 per pound per item. A 200-lb dresser worth $3,000 pays out only $120. It’s the federal minimum liability, not real insurance.

How much does Full Value Protection cost?

1–3% of declared value. For $50,000 declared: $500–$1,500. Choose a $250–$500 deductible to save 15–30%.

Does homeowner's insurance cover moving?

Some policies cover belongings in transit, but many don’t. Check your policy. Even if covered, filing a claim may raise premiums. Separate moving insurance is usually better.

What items are not covered?

Cash, jewelry, important documents, items you packed yourself (PBO), perishable food, live plants, and unlisted items.

Sources & Methodology

James Crawford

Certified Moving Consultant, CMC

James Crawford is a Certified Moving Consultant with 15+ years of experience in the relocation industry. He has analyzed pricing from over 1,000 moving companies to help consumers understand fair market rates.

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