Most people think – it won’t happen to me. But what if it does? This is why you should always have insurance whenever you are dealing with expensive processes. The same is true for relocation. There are many reasons why you should consider moving insurance for your next relocation. Today, we are going to explore the most important reasons for moving insurance and why you should always have one.
So, what is moving insurance?
Moving insurance is not insurance in a true sense of the word. To explain this, we have to start from the beginning. Moving companies offer something which is called valuation. Basically, a moving contract.
Valuation has all the same properties and functions like insurance. The only difference is that moving companies do not have the right to sell insurance. Simply said, they aren’t certified to offer you insurance.
However, customers want the safety of their belongings to be guaranteed. Valuation is a workaround that offers protection to customer’s items.
However, basic valuation doesn’t cover everything.
Every reputable moving company will offer a basic valuation. If a moving company doesn’t offer that after you have asked them, stay away from that moving company. For this reason, it’s not enough to consider moving insurance, you have to work with the best in the field.
Basically, the most basic kind of protection is called released value protection. The moving company won’t charge you for it, but you still have contractual agreements.
However, the coverage is calculated by the weight. Usually, the moving company will only accept liability for 60 cents per pound. If you are relocating inexpensive goods, this is going to be a good deal. But, as our friends from USA Moving Reviews say, if you want to move something of a greater value, you might want to consider better alternatives like full value protection and third-party options.
One of the reasons to consider moving insurance is that accidents can happen.
Airplanes are considered one of the safest ways of transportation. But still, they do fall. The same is true even for the most responsible moving company. Also, most people have auto insurance, so why not get one for the relocation?
Do you have to consider moving insurance for every kind of relocation?
The best-case scenario is to have moving insurance for every relocation. However, if you are not moving anything of great value, basic moving insurance should do the job.
But, if you are moving something valuable, you should always get better moving insurance. Accidents do happen. At the end of the day, you’ll sleep better knowing that you have insured your belongings.
Hence, the conclusion is that you should always consider moving insurance, even if it might seem like a waste of money. But, it is not! Do the right thing and get yourself moving insurance.