Should You Get Moving Insurance?

Whether you’re moving across town or across the country, it’s important to consider the potential risks involved in transporting your belongings. One way to protect yourself and your possessions is by getting moving insurance. But is it really necessary? Let’s take a closer look.

First, it’s important to understand what moving insurance covers. There are typically two types of coverage: released value protection and full value protection. Released value protection is the most basic coverage and is included in the cost of your move. However, it only covers a fraction of the value of your belongings (usually around 60 cents per pound). Full value protection, on the other hand, covers the full replacement value of your items.

So, should you get moving insurance? The answer depends on a few factors. If you’re moving expensive or fragile items, such as artwork, antiques, or electronics, it’s probably a good idea to get full value protection. Similarly, if you’re moving long-distance or using a less-reputable moving company, the added protection of insurance can give you peace of mind. However, If you’re only moving inexpensive items, it may not be worth the extra cost. If you have homeowners or renters insurance, it’s possible your belongings may be covered during a move. Be sure to check with your insurance provider to confirm.

Ultimately, the decision to get moving insurance is a personal one. Consider the value and fragility of your belongings, the distance of your move, and the reputation of your moving company. And remember, even with insurance, it’s important to pack your items carefully and label them clearly to minimize the risk of damage or loss.

In conclusion, moving insurance can provide valuable protection during a move, but it’s not always necessary. Take the time to weigh your options and make the decision that’s best for you and your belongings.