All Moving companies are required by law to offer two types of coverage on interstate moves: Released Value Protection and Full-Value Protection.
Released Value Protection is set at $0.60 per pound and is offered by the moving company at no additional cost. This protection plan means that all you will be reimbursed for all your belongings at $0.60 per pound, says Naftali Feig.
The other type of coverage, Full-Value Protection is based on your valuation (valuation: the designated dollar value of your shipment) of the contents being transported. The cost is based on the movers’ rates, as listed on their tariff.