moving insurance what is it and what does it cover

Moving is a complex and time-consuming process, as anybody who has done so knows. There are many things to consider and much more to do than just the move. Ensuring that you choose a reputable insurance company is one of the most important things you can do for your move.

A reasonable moving and packing service would treat your valuables how they would treat theirs. They will carefully package them and load them aboard the vehicle. They will also unpack them and arrange them exactly where you want them in your new house.

However, no matter how careful they are, sometimes things get damaged. That’s why choosing a moving company that offers insurance is essential. That way, if something does get damaged, you will be compensated for the loss.

What is moving insurance? 

That’s where moving insurance comes in. Moving insurance covers your possessions in case they are damaged or lost during a move. Should damage or loss occur, the moving company will compensate you up to the amount specified in your policy. 

Why you need moving insurance

It’s always best to be safe than sorry when insuring your possessions during a significant move. Nobody likes to begin their new lives on the wrong track by coping with a slew of damaged and misplaced goods.

What does moving insurance cover? 

Moving insurance generally covers any damage to or loss of household items while in transit and storage. That means anything from natural disasters to traffic accidents and breakages is covered. However, it’s essential to read your policy’s fine print to ensure that you’re covered for the specific type of move you’re making.

There are two main types of moving insurance. They are the Released Value Protection and Full Value Protection. 

Released Value Protection

With this type of protection, if your items are lost or damaged during the move, you won’t be able to file a claim for replacement or repair. Instead, you’ll receive 60 cents per pound per item as compensation. If you have heavy things that are valuable to you, released value protection may not be the best option.

Full Value Protection

Complete value protection is the way to go if you want comprehensive coverage for your belongings. This coverage is far more extensive than released value protection. It comes at a price: you have to pay a premium upfront. 

Buying full value protection is worth it for the peace of mind that comes with knowing your belongings are fully protected. Plus, if something goes wrong, you’ll be reimbursed for the total value of your belongings, not just a portion of their value. 

Final thoughts on moving insurance

Moving is a stressful time for anyone. It can be even more complicated when dealing with unreliable or expensive local movers. Dose Moving and Storage decided to change the game. We patented our moving and wrapping techniques so nothing would get damaged in the move. In addition to our standard moving services, we offer common item and car storage units and long-term car storage. We have the cheapest storage rates and clean, high-quality storage units. 

So if you need a place to store your belongings while you’re moving, Dose Moving’s movers and storage solutions are a perfect choice. So do yourself a favor and insure your move! It’ll give you the peace of mind to focus on unpacking and settling into your new place.