The basic coverage, however, is only 60 cents per pound. Under this coverage, if you have a really nice, multi-thousand-dollar television that weighs 75 pounds, the extent of the movers’ liability is only $45 if the TV is damaged.Needless to say, they’ll offer you other forms of coverage up to the full replacement cost but it will cost extra. It’s worth discussing moving coverage with your insurance company.
THE OTHER SIDE
The other side of the financing mess is that so many people—consumers and professionals alike—believe the mortgage process has become so cumbersome and so fraught with misunderstanding that it’s time to junk the system and develop a new one.
Many experts believe a one-stop mortgage process will take care of much of the problem. Under that concept, real estate service providers— be they lenders, real estate brokers, title companies, or others—will combine all the closing costs and all the fees into one package and distill them down to a single dollar amount.
Consumers will be able to take that dollar amount and compare it to settlement packages offered by other vendors. Ultimately, the ease of transactions should go up and the cost of transactions may actually come down.