Hiring a professional moving company to help you relocate can be a great way to make your move less stressful and more efficient. However, it’s important to remember that accidents and damage can still occur during the moving process, even when you’re working with professionals. This is why it’s often a good idea to consider purchasing additional moving insurance when hiring a professional moving company.
Benefits to Purchasing Additional Moving Insurance
Financial protection: If your belongings are damaged or lost during the move, the cost to repair or replace them can add up quickly. With additional moving insurance, you’ll have financial protection in case anything goes wrong.
Peace of mind: Moving can be a stressful experience, and knowing that you have additional insurance coverage can help give you peace of mind and allow you to focus on other aspects of the move.
Professional liability coverage: Many professional moving companies carry their own liability coverage, but this may not always be enough to fully protect your belongings. Purchasing additional moving insurance can provide an extra layer of protection.
Customizable coverage: Most moving insurance policies are customizable, which means you can choose the level of coverage that best fits your needs and budget.
Things You Should Know About Moving Insurance
It’s not required, but strongly encouraged: While many professional moving companies offer insurance as an option, it’s not required that you purchase it. You can choose to handle the risk of damage or loss on your own, or you can purchase additional insurance to give you added protection.
It’s not the same as homeowner’s insurance: Moving insurance is not the same as your homeowner’s insurance policy. Homeowner’s insurance typically covers damages to your home and your personal belongings, but it may not provide coverage for damages that occur during a move. Moving insurance is specifically designed to cover damages or losses that occur during the moving process.
There are different types of moving insurance: There are several different types of moving insurance available, including basic carrier liability coverage, which is usually included in the cost of your move and covers damages to your belongings that are caused by the moving company’s negligence. There is also declared value coverage, which allows you to declare the value of your belongings and provides protection up to that amount. You can also purchase full value protection, which provides the highest level of coverage and will repair, replace, or compensate you for the full value of any damaged or lost items.
You should carefully review the terms and conditions: Before purchasing moving insurance, it’s important to carefully review the terms and conditions of the policy to understand exactly what is and is not covered. Make sure you understand what is required of you in the event of a claim, and be sure to document the condition of your belongings before the move so you have proof of their value if a claim is necessary.
It’s not too late to purchase insurance: If you decide not to purchase moving insurance when you initially hire a professional moving company, it’s not too late to add it on. You can usually purchase insurance up until the day of the move. However, keep in mind that it’s generally more cost-effective to purchase insurance at the time you book your move.
A Few More Considerations Regarding Moving Insurance
Don’t assume that your belongings are automatically covered: Some people make the mistake of assuming that their belongings are automatically covered by the moving company’s insurance, but this is not always the case. Be sure to ask about the company’s insurance coverage and what it includes, and consider purchasing additional insurance if necessary.
Consider the value of your belongings: When deciding whether or not to purchase moving insurance, consider the value of your belongings. If you have a lot of expensive or sentimental items, it may be worth it to invest in additional insurance for peace of mind.
Keep all relevant documents: If you do purchase moving insurance, make sure you keep all relevant documents, including the insurance policy and any receipts for valuables, in a safe place. These documents may be necessary if you need to file a claim.
Where to Purchase Moving Insurance
At Elite Moving Service Company, we have partnered with movinginsurance.com to provide you with an easy, affordable solution to moving insurance. If you enter promo code ELT25, you’ll be able to save $25 off your policy!
Overall, purchasing additional moving insurance can be a smart decision when hiring a professional moving company, as it can provide financial protection and peace of mind in case anything goes wrong during the moving process.