When planning a move, insurance might not be the first thing on your mind, but it’s a crucial part of safeguarding your belongings. Understanding moving insurance can save you from unexpected stress and costs if something goes wrong during the process.
Most moving companies offer two primary types of coverage: released value protection and full value protection. Released value protection is typically included in the moving cost but provides minimal coverage. While this is a budget-friendly option, it may not adequately cover valuable or fragile items.
Full value protection offers significantly better coverage. Under this plan, the moving company is responsible for repairing, replacing, or reimbursing you for damaged or lost items. Although it comes with an additional cost, it provides peace of mind, especially if you’re moving valuable possessions.
It’s also a good idea to check with your homeowner’s or renter’s insurance provider to see if your policy covers items during a move. Some policies include this as an extension, potentially saving you money on additional coverage.
Remember, moving insurance doesn’t typically cover items you pack yourself unless there’s visible external damage caused by the movers. To ensure full protection, consider having professionals pack your valuables.
Understanding your coverage options and choosing the right plan will help you enjoy a smoother move, knowing your belongings are well-protected every step of the way.
Contact us for more information and read up on Valuation Insurance here.
