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How Much Does Moving Valuation Cost?

Moving valuation can be confusing! That’s why we’ve provided this simple tool to help calculate the cost of moving valuation in WA state and pull back the curtain a little on how this portion of the industry works.

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We have a great track record with our customers, but sometimes there’s no way around it: damages do happen. If you have homeowners insurance, check to see what they’ll cover before selecting one of the options. If not, it can be a good idea to add an extra layer of protection for your items. Check out our short informational video to better understand how Moving Valuation works in WA, then use our Moving Valuation Calculator tool to determine which option is best for your next move with Eco Movers.

Quick disclaimer: All licensed moving companies in Washington offer these same levels of insurance. Prices may vary a little bit, but the insurance options are mandated by the Washington Utilities and Transportation Commission. You can check out the UTC Guidelines here. This is the most up to date info from the recent changes made on July 1st of 2023. Industry-standard for depreciated replacement value is 20% per year for furniture items, and there are exceptions to the valuation like pets, plants, items of extraordinary value, and items made of particleboard.

Moving Valuation Calculator

Insurance Calculator

Basic Coverage (Option 1)

This insurance option comes at no cost and pays $0.60 per pound of an item in the event of damage.

Option 1 Insurance is always free.
lb.
Enter the total weight of your shipment in lb. here

The dollar amount of damage protection your insurance will pay for, the weight of your shipment multiplied by $0.60

Replacement with Deductible (Option 2)

This option’s valuation protection is calculated based on the total weight multiplied by $7.63 OR the total value of the shipment, whichever is higher, and includes a $300 deductible paid for by the client. This is the default option if you do not make a selection on your Estimate or Bill of Lading.

According to Washington State, as of 7/1/23, shipments must be valued at a minimum of $7.63 per pound. Customers may declare a higher value.

lb.
Enter the total weight of your shipment in lb. here
$
Declared value can’t be less than $7.63 per pound of total weight. The field will automatically populate the minimum value when you adjust the weight of shipment, only adjust this field if you think it should be higher. The cost of insurance and level of coverage will increase proportionately.

This is how much your insurance will cost. The cost for Replacement with Deductible is $1.15 per $100 of value.

The dollar amount of damage protection your insurance will pay for, the value of your shipment minus the $300 deductible.

Full Replacement (Option 3)

This option’s valuation protection is calculated based on the total weight multiplied by $7.63 OR the total value of the shipment, whichever is higher.

According to Washington State, as of 7/1/23, shipments must be valued at a minimum of $7.63 per pound. Customers may declare a higher value.

lb.
Enter the total weight of your shipment in lb. here
$
Declared value can’t be less than $7.63 per pound of total weight. The field will automatically populate the minimum value when you adjust the weight of shipment, only adjust this field if you think it should be higher. The cost of insurance and level of coverage will increase proportionately.

This is how much your insurance will cost. The cost for Replacement with No Deductible is $1.40 per $100 of value.

The dollar amount of damage protection your insurance will pay for, the full value of your shipment.

More Resources

We have lots of other resources that you can explore before your next move.

Check out our moving guide and packing tips to make sure that you are prepared for your upcoming move with Eco Movers, or check out what we’re talking about now on our blog, where you can find all kinds of helpful and environmentally friendly moving information.

Ready to book your next move with Eco Movers? Click here to jump to the quote form!

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Eco Movers is proud to partner with local community organizations and serve as the preferred movers for prominent residential communities in the area. Our commitment extends beyond moving - it's about building strong community ties and delivering reliable service.

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