IF you purchase additional "valuation" coverage as offered by your mover (i.e. coverage in excess of the 60 cents/lb./article as provided by basic coverage), you will need to fill out a special form provided by the mover to alert them to items of "High Value".
NOTE: IF YOU DO NOT PURCHASE THE OPTIONAL ADDITIONAL COVERAGE, THE HIGH VALUE INVENTORY DOES NOT APPLY AS THE MOVER BASICALLY CONSIDERS YOU TO HAVE NOTHING OF EXTRORDINARY VALUE. CRAZY RIGHT!!!
Movers have different definitions of just what constitutes high value items. Some define those items as items in excess of $1,000, while others define high value as those items in excess of $100/lb. Be sure to ask your mover, what their definition of a HIGH VALUE item is!
Either way, failure to alert the mover to the presence of such items may make any claim for damage, destruction or loss an adversarial situation.
If your mover uses the $100/lb. definition, there are many items that you might not consider to be high value, that indeed are. For instance, most people clearly see where artwork, china and crystal are high value. But, what about shoes? For instance a pair of Manolo Blahnik sandals (ladies, you know those, right??) might weigh virtually nothing, yet cost $600 a pair. What would happen if a box containing a few pair of those went missing? Without having alerted the mover to their presence...you might end up with a settlement at $5/lb! They might make a courtesy settlement of $25/pair...how nice of them!
Be wise, be smart, don't let the mover beat you on a technicality! Use the high value inventory form correctly and you will be well served!