Moving insurance – A smart move!

Moving is a stressful process. If you are moving by yourself or you plan to hire professional moving company, you must be prepared. Before you start organizing your move, make sure that all of your belongings are under moving insurance. Even if you use the most careful movers in Pennsylvania moving professionals, accidents can happen during your move. To avoid a headache and a loss of your belongings, make sure your items are safe even before they are loaded onto the moving truck. There are different types of insurance policies so you should make sure that you pick the right one.

Before you buy moving insurance

moving insurance
Personal property insurance may cover your items during and after your move.

Before you jump up to go and find the best insurance policy for your belongings, check your lease first. Most people don’t realize that your homeowner, renter or the condo insurance already may provide some insurance for your belongings. Personal property insurance may cover your items during and after your move. In a case, you have a renter or condo insurance you may already have some protection for your things in place during the moving process.

There is a clause in your renter’s policy that covers your belongings while in transit or in temporary storage while you move. Keep in mind that these clauses are directly connected to the terms and conditions of the contract and as such, they have to be double checked before the move. Be sure to ask your homeowner insurance company if they cover your moving insurance. Also, check terms of the policy and buy extra endorsements from your home insurance company if you are worried about specific risks during your move.

What should you ask your home insurance company

  • box of items
    Make sure to ask all the important questions before you decide to buy an insurance for your move.

    What type of coverage does my policy provide while I move? Do I need additional moving insurance with my policy? How long does my coverage last? How long will my items have insurance coverage if my move lasts several days? Will my belongings have insurance at both locations if my move takes longer? Whether you hire short distance movers Pennsylvania or international moving company Pennsylvania, you will need additional insurance for the move.

  • Does my home or renter insurance have any kind of limitation while my items are in transit? What kind of value is calculated for my belongings? – It is very important to know how your items are calculated in value by your home insurance. Sometimes you will get better conditions and more extensive coverage for your items if you choose other moving insurance policy for your move.
  • If I make a claim will the price of my insurance be higher? – These conditions may vary depending on the type of the insurance you have. Be sure to ask and check all the options before you buy additional moving insurance.

Questions you should consider considering the safety of your belongings

  • antiques
    If you have valuable or fragile items, insurance will help you get the money for their value if they break or get lost.

    Will the company cover my jewelry, fine arts of expensive wine bottles by the insurance you provide? If you don’t include coverage for these items can I buy additional moving insurance for these items? – Be aware that some moving insurance policies may even include breakage of these high-value items into the policy.

  • Does my coverage cover theft or the disappearance of any item during the moving process?
  • Does your insurance policy cover of my belongings are in storage? For how long does the coverage last? – Make sure you discuss all the circumstances in detail so you will be sure that you are safe in case something happens and you need to file an insurance claim.
  • What happens if movers brake my belongings during the moving process? – In most cases insurance doesn’t cover breakage of your items but be sure to ask and examine your options for a potential additional moving insurance.
  • If the damage happens to my belongings, will my items have value as an actual cash value or a replacement cost? – If you don’t like the terms of the coverage for your items try to negotiate the terms or get additional moving insurance. In case of an accident to try to get the real value of your items in cash.

Moving insurance provided by the moving company

Professional moving companies provide different levels of moving insurance for their customers. If you already have some type of home insurance policy, check the additional type of insurance from your moving company. Professional movers can offer you many options so make sure to check all the details of your insurance clause before you sign the contract.

full value protection
Keep in mind that full value protection may be more expensive than average.
  • Full Value Protection is the type of insurance that covers all of your items. Keep in mind that this type of insurance may be more expensive than average.
  • Released Value Protection is usually a standard insurance policy that you get when you sign the contract with a moving company. This type of insurance covers 60 percent of the value per pound of your belongings. That means that if you lost your lost your 10 pounds antique you will get 6 dollars of compensation.

To ensure your belongings, you can buy additional insurance from your moving company. Purchasing liability policy as the additional fee, you can set a limit of insurance for the value of your items. That way you can secure yourself and if the damage happens, you will get the real amount of money for your damaged items. If you purchase this type of moving insurance policy remember to take a copy of the policy you have purchased and check all the details for safety.

Questions to ask the moving company before buying moving insurance

  • Ask to review of all the different insurance options they can provide.
  • Ask how they determine the value of damaged items. Make sure that you get all the details in writing.
  • Is the coverage that you offer different if I pack myself? Do they pack your belongings if you purchase moving insurance?
  • If you had to make the claim how would you start the claim process? If there is, do you have a time limitation?
  • Does that insurance policy include any damages movers make in your old and new home? Movers can damage your things during the move.  Sometimes movers have to take apart doorways or reassemble furniture inside your new home. Make sure you can hold them responsible if any damage that might happen.

Make sure to insure your belongings before a move so you can be stress-free with your relocation.

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