Importance of moving insurance
Accidents do occur and especially at the time when you do not expect them or when there is no insurance to cover such loss. Same thing is applicable when you are moving to a new place. During this process, you remain busy in closing the deal of your newly purchased home, completing the formalities of your job transfer, discussing other terms with the moving company, etc. All these aspects might take quite a lot of time and you may overlook the aspect of insuring the household items against any damage or loss during the moving process.
Think this issue in a different context. You are hiring a moving company that will successfully take your household belonging from your present address to your destination address. For doing this job, you are paying the company. Now, isn't it their responsibility to take proper care of your items while moving. What if certain item gets damaged during the process? Is there any way to get compensated for such loss? The answer is yes, you can opt for insurance policy that will cover your interest in terms of such loss.
The moving companies are liable for the value of the items that they are moving. However, the level of liability depends on the nature of the items and hence you must be aware about the value of each items that you are moving thorough the mover. In case of any loss, then you will have the idea about the loss of value and hence you can claim that.
Selecting the right mover is thus the most important thing in this regard. If you have a good moving company, whether local, interstate or international; you can be rest assured that your belongings are covered with right insurance package. At the time of setting up a deal with the mover, check out on these terms clearly. You can also get in touch with the local Better Business Bureau, to find out the past record of the mover in such cases.
If any loss or damage takes place while moving the items, make sure to claim for the loss. The moving company must take action to the within 30 days and resolve the matter within 120 days. A certain negotiation takes place while compensating to the loss and if you are not satisfied with such negotiation, you can sue the mover. However, it is to be remembered that the claim will be provided on the depreciated value of the item, not the value at which you have purchased it.
Make sure the insurance policy is transparent enough so that you can understand how much you will be compensated against loss or damage of a certain item. Then only the process of moving can be fruitful and stress free and there will not be headache regarding the successful completion of the moving process.