Do I Need a High Value Inventory Form?

Inventory form

High-Value Inventory Form?

  1. Moving Requires Forms... Lots of Them
  2. Why is a High Value Inventory Form Different?
  3. What is a High Value Item?
  4. High Value Items Examples
  5. Putting the High Value Inventory Form to Use
  6. Why Go Through All This Trouble?

1. Moving Requires Forms... Lots of Them

Moving is a complicated process, but the added paperwork makes it more complex. With so many forms to fill out or keep track of, sometimes it can be difficult to understand what they all mean. This rings true particularly when dealing with inventory forms. Though all inventory forms are necessary and important, if you are traveling or moving expensive items, you might find yourself needing a High Value Inventory form. This is essentially used to keep track of your items that are of high value. This way there is a system specifically to keep track of those particular items and to be sure they are maintained in the best condition.

2. Why is a High Value Inventory Form Different?

It's important to understand what differentiates this inventory forms from others. If you are shipping items as high value items but don't list them on the High Value Inventory, they won't be protected in any event of damage or loss. This is why understanding how to properly list your inventory, especially high value inventor, is crucial to protect expensive belongings or items.

Although the high value inventory does keep a record of your items, do not depend on the high value inventory form as a source proving its worth. Listing your high value item on the proper inventory sheet does not provide substantiate the price of any items. For this reason, it is generally recommended to get an appraisal of your expensive items in order to indicate the authentification of value.

It can seem to be a hassle to get an appraisal for every item that is considered high value, it is much safer to have tanglible evidence of your items worth. It is also important to understand that listing your items on the high value form is not any type of coverage. You will need to invest in full replacement valuation coverage additionally.

3. What is a High Value Item?

High value items may vary between moving companies. If you are shipping high value inventory, this is something you must ask prior to choosing a company. Some movers may determine a high value item as anything over $1,000, while other may base the value per pound. When considering what moving company to go with, be sure to check how they handle their high value items and precautionary measures.

4. High Value Items Examples

What constitutes as a high value item can be much more diverse than many would think. Items vary from art, crystal, antiques, paintings, and even top quality bicycles. The list continues wiht items such as jewelry, rugs or collectibles such as rare documents or coins for example. Some items that are highly common that don't always cross people's mind are things like purses, shoes, or even doll collections. These are only a fraction of what can constitute as high value items so be sure not to limit yourself when making your inventory lists.

5. Putting the High Value Inventory Form to Use

If you plan on shipping articles or items of high value, they must be on your list of "High Value Inventory Form" before packing typically and definitely before moving day. If you plan on getting any appraisals prior to your move, you will need the extra time to do so. Remember, lack of inputting these items on your inventory form can be detribmental and leaves the mover's with much less liability. The form itself is quite easy and simple, even allowing you to group collections together.

It is still important to remember that while this form is an important one, it doesn't qualify as any evidence of actual value. This remains the same when it comes to dealing with losses or damages. This is why getting appraisals and full replacement value valuation are key to protecting your precious items. Just remember to plan ahead of time to allow yourself the proper allotted time to do so before moving day.

6. Why Go Through All This Trouble?

Like other inventory forms, the high value inventory form has it's own reasons for necessity. It essentially keeps track and confirms that your high value items are packed properly and that they are accounted for. This is crucial when loading and upon delivery. Once everything is said and done, the form is signed by both the carrier and the shipper. The true purpose of a high value inventory form is to keep track of all valued goods, particularly those of high value, and to detail that they were delivered and arrived at the proper location.