If you plan to move to a new address, you may be wondering what kind of moving insurance you need. In short, moving insurance is simply a means for you to pay for the cost of moving your family and personal possessions to a different location. It also typically covers items which can get damaged during the move, including furniture and sentimental or valuable items. While residential moving insurance costs are much less than moving to a new house or office, there are some limitations that you should be aware of.
There are many moving companies that provide moving insurance services. Movers supply this service as a part of their standard household goods and personal belongings removal services. As for us, we are affiliated with MovingInsurance.com, they only accept moving companies who adhere to strict guidelines.
The reason for this is because most of the policies offered by moving companies only cover the building and contents of the home. When a customer purchases coverage from moving insurance, this coverage will generally provide coverage for the moving truck, all contents in the truck, and any personal belongings kept in the truck. Coverage is typically not available for items left in the moving truck after it has been delivered. This means if you purchased coverage from a moving company, your belongings will not be covered when the truck is hauled off.
A few other moving insurance options you have at your disposal are property protection and appraisal coverage. Property protection will reimburse you for any damages that you incur while storing your belongings temporarily in a temporary facility. Usually, property protection is provided through the policy of the moving company from which you purchased your coverage.
Appraisal coverage reimburses you for the value of your personal belongings once they have been removed from your home. Usually, an appraiser will visit your home and review your belongings prior to moving them to a storage facility. Based on these appraisals, your moving insurance company will either reimburse you or will bill you for the full amount of the appraisal. This is why it is imperative that you ensure that all of your belongings are properly packed when you move them into your new home. If you do not pack them properly, then you run the risk of them being damaged, lost, or stolen.
Although you may think that both of these moving insurance protections are similar, there are actually slight differences between them. For instance, with property protection, you are only protected from the possessions which are inside your home, whereas with moving insurance, you are protected against all kinds of items which are transported. As such, it may be important for you to purchase moving insurance which provides coverage for both residential and commercial properties. You may also want to consider purchasing additional items which are covered by your policy. For example, if you have expensive jewelry which is very valuable and cannot be replaced, then this would be covered by your moving insurance. Additionally, many types of art and other collectibles may also be covered by this type of protection.
Many people think that when they are packing their belongings, they simply take everything out of their residence and place it into boxes. In actuality, there is more to packing than just throwing things in a box. Packing your belongings correctly will ensure that in the case of a fire or other disaster, your belongings will be completely recoverable. Therefore, it may be wise to include coverage for any damaged, lost, or stolen articles up to the full retail value.
Many people who find themselves in a situation where they are moving to another residence underestimate the importance of proper packing. Many movers only provide full-value protection up to a certain amount, so you will need to purchase this additional insurance on its own. Furthermore, some packing firms will attempt to diminish the amount of coverage provided by moving insurance by charging a low initial fee. While this may be convenient in the beginning, it will be very costly if any damage occurs to your belongings during transit. Therefore, you will want to do your homework before you make a decision. May we recommend you go with us, we are a trusted and bonded moving company in Fresno.