Most people spend weeks or even months planning their next move, but they don’t think twice about insurance. Some assume that their homeowners‘ policy covers any damage, while others think the movers will pay for those damages. If you find yourself moving soon, check out four simple reasons why you need the right insurance.
Moving Companies Aren’t Liable for Damages
Moving companies agree to pick up your items from one location and move those items to your final destination. In the hopes of making you sign a contract quickly, most companies will tell you that your price includes the cost of insurance. The only problem is that this insurance doesn’t cover the actual cost of your belongings. Companies will pay you a price of $.10 to $.30 per pound for anything broken or damaged during the move. Moving insurance will give you the actual replacement value of those items.
Insurance Covers Items in the Truck
Even if your homeowners policy covers your belongings, the policy often won’t cover items in transport. Your insurance covers anything inside your home, and it will provide coverage to belongings in your new home, but the policy doesn’t apply when you hire a moving company. Moving insurance kicks in from the moment those movers arrive at your house and stick with you until the movers unpack the truck at your new home.
Easy Filing of Claims
Filing a claim with most companies is easy. You can visit the company’s website, log into your account and complete any necessary paperwork. Other companies let you contact a representative over the phone, and that customer service rep will walk you through the process of filing a claim. The insurer will then either send you a check through the mail or deposit the money directly into your checking account.
Peace of Mind
The number one benefit associated with buying moving insurance is that it gives you peace of mind. Why should you worry about your family heirlooms and the precious valuables that you collected over the years? The last time that you moved, you probably worried and wondered from the moment the truck left your sight, but with moving insurance, you no longer need to worry. If those workers break or damage anything on the truck, your insurer will cover your loss.
Planning a move might take a long time, but you can feel better about your move with the right insurance. Your policy will cover damage, breakage, and even theft, and unless you don’t care about your belongings, it is worth the investment. You might think to yourself, “is it worth the money?” Compare prices so that you can make sure you are getting a fair price, but in the long run, movers insurance will really help you be safe rather than sorry.
