Everything You Want To Know About Moving Insurance

If you are moving you might wish to have moving insurance. The very first question that comes to your mind is, “do I really require moving insurance?”

Well, the answer actually relies on the value of the items you’re relocating.

But even with the best Alexandria moving company, mishaps can occur. In fact, one in five movers has some sort of damage.

Our first suggestion when it comes to moving insurance is to reserve a reliable mover that has an insurance policy.

Below, we’ve put together the most comprehensive list of queries with answers that’ll cover everything you want to know regarding moving insurance.

What’s moving insurance?

Moving insurance gives protection for your personal possession when in transit. While the individual driving your moving van may be a pretty experienced driver, it isn’t feasible to control other drivers on the road. Mishaps occur and moving insurance provides protection for any damage to your stuff during the transition.

What’s valuation?

Valuation is the amount of liability coverage your Alexandria moving company will take on if your items are damaged during the move.

What does not valuation cover?

While valuation is excellent for covering damage sourced during a transition by the mover, it does not cover everything. There’re many things not covered under both Released Value Protection and Full-value Protection options including:

·         Things that are not in the control of the moving firm, such as earthquakes, floods, fires, etc.

·         Any belongings of extraordinary value not declared in writing before the move.

·         Any risky stuff you packed without informing your moving company in Alexandria.

·         Anything damaged during the transition & not reported as damaged instantly after the relocation.

Does the moving firm provide moving insurance?

All licensed moving firms must provide valuation options & released value protection in every package. Furthermore, all moving firms will provide some sort of valuation policy, which may differ from one firm to the other.

Can I insure individual precious stuff?

You are allowed to insure individual stuff with some third-party policies, but not with mover’s valuation. On interstate relocations, most moving firms have individual high-value inventories booked for stuff with more than $100 per pound.

Conclusion:

Moving insurance makes everyone feel safe & secure. But unfortunately, if items get damaged during the transit several policyholders find that the claims procedure is not as simple as they assumed it’d be.

That is why it is critical to working with a reputable moving firm like Great Rate Movers. A bad moving firm will be a headache to work with in the event of a claim. Not to say, the possibility of damage occurring is higher with an inexpert mover.

This Blog is Originally posted here: https://greatratemovers.wordpress.com/2021/07/14/everything-you-want-to-know-about-moving-insurance/