Do I Need Moving Insurance?

Experts answer with a resounding “yes,” claiming that moving insurance is well worth the cost since it protects you against your personal belongings being damaged, lost or stolen in transit. Read on to see why moving insurance may be worth it for you.

You May Already Be Covered but Read the Fine Print

If you’re moving from a house you own, your homeowner’s policy may cover your property during transit, although this isn’t common. If you’ve been renting or your policy doesn’t include this coverage, check with your moving company. Many have what’s called “goods in transit” coverage. Read the details carefully, however, to see what and how much it covers. The moving companies have to legally offer for free basic carrier liability, where your goods are covered at 60 cents per pound. If you have expensive goods — or even items such as televisions, appliances or heirloom furniture — you may sleep better at night opting for higher coverage. Upgrading — at a cost — to full-value protection is recommended by moving experts, according to State Farm.

If You’re Not Already Covered, Where Do You Find Policies?

You may be able to purchase “goods in transit” insurance as an addendum to your homeowner’s policy. Give yourself plenty of time before your move — at least two weeks before the moving trucks are scheduled to arrive, but ideally, while you’re still getting quotes from moving companies. Prepare a detailed inventory list of the items that will be transported, as well as their value. Your agent will be able to guide you to the correct coverage level.

You can also look into independent companies that offer what is called “relocation insurance.” That way, the entity evaluating your belongings is separate from the company transporting them.

What If It’s a DIY Move?

Keep in mind that your homeowners or car insurance policy won’t protect your goods if you load them in your own vehicle. You will possibly be covered if you rent a moving truck to transport your belongings. When you pick up the vehicle or make your reservation, you’ll have a chance at that time to opt in or out of the insurance. Check the fine print here as well to make sure your goods are covered, not just the rental vehicle.

Insuring your belongings as you move from one location to another, whether it’s down the block, across the country or on the other side of the world, will give you peace of mind during the stressful moving period.

A Successful Move Means Knowing Your Limitations

A family’s home is the centerpiece of their collective life and source of memories that last a lifetime. It’s the place where parents bring their newborns home from the hospital, summer afternoons spent in the backyard and holidays lights hung in the winter. In other words, a home connects the members of a family to each other in a way no other item does.

In that light, a move to a new home can be a traumatic experience for a family, particularly children, so it’s of utmost importance that it is as smooth and pain-free as possible. For that reason and much more, hiring professional movers is the best way to ensure the process goes smoothly.

More Reasons to Trust a Professional With Your Move

It’s important to remember that a professional moving company is extremely familiar with what is required to take proper care of your belongings during the move.  The expertise of a reputable moving company cannot be replicated, even by a family that is as careful as can be with their own belongings. Furthermore, a moving company is insured to financially protect you if, in the rare case, there was a mishap and your property gets damaged.

Also, a professional moving company will be able to provide you a clear, succinct estimate for the moving costs. It will be a transparent contract so you will know exactly what to expect in terms of the time and money associated with hiring them. Throughout the process, you, your family and your belongings will be treated with an appropriate level of support and service. A company that has been in business for a decent amount of time is well aware of the importance and gravity of what you have hired them to do and will not take it likely. The best moving companies work with care, compassion, and understanding and you should not expect anything less.

A move to a new home can be both trying and exhilarating for your family. It’s a time when everyone will be busy, worried, hopeful and contemplative. During such a unique time, hiring a professional moving company simply makes sense to ensure the move goes well and doesn’t create yet another source of stress.