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Assessed Value

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Home > Moving Guides > Moving Glossary > Assessed Value

 

What is the assessed value of items being moved by a moving company?

 

The figure used to insure the household goods involved in a professional move. The owner will pay an amount of money per one thousand dollars in assessed value. For example, a moving company and the owner determine that there is approximately one hundred thousand dollars worth of goods in the move; the owner will then pay a set price per thousand dollars worth of goods to insure them against damage or loss.

 

 

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