The Ins and Outs of Moving Insurance

Safeguard Your Belongings with Best Quality Transport's Comprehensive Moving Insurance Guide

A long distance move involves transporting your valuable belongings across great distances, and despite the best efforts of professional movers, accidents can happen. To protect your valuables during the move, it's essential to understand the ins and outs of moving insurance. In this guide, Best Quality Transport will walk you through different coverage options, how to assess your needs, and tips for filing a claim.

1. Types of Moving Insurance

There are several types of moving insurance coverage options available:

a. Released Value Protection
This is the most basic coverage provided by moving companies and is typically included in your moving cost. Released value protection offers minimal coverage, usually around $0.60 per pound per item. This means that if an item weighing 50 pounds is damaged, you would receive $30 in compensation, regardless of the item's actual value.

b. Full Value Protection
This coverage option provides more comprehensive protection for your belongings. With full value protection, the moving company is liable for the replacement value of any lost or damaged items. You can choose between having the item repaired, replaced with a similar item, or receiving a cash settlement for the item's current market value.

c. Separate Liability Insurance
You can also purchase separate liability insurance from a third-party insurance provider. This coverage is in addition to the basic released value protection provided by your moving company. Be sure to check with your insurance provider to confirm the specifics of your coverage.

2. Assessing Your Coverage Needs

To determine the right level of moving insurance for your needs, consider the following factors:

• The total value of your belongings

• The likelihood of damage during transit (e.g., fragile items, antique furniture)

• Remember, it's always better to have more coverage than not enough, especially when it comes to your valuable possessions.

3. Inventory and Documentation

Before your move, create a detailed inventory of your belongings, including descriptions, quantities, and estimated values. This will not only help you determine the right coverage amount but will also serve as crucial documentation in the event of a claim. Additionally, take photographs of your items, particularly those of high value or that are easily damaged, as this can provide further evidence in case of damage or loss.

4. Filing a Claim

If you need to file a claim for lost or damaged items, follow these steps:

a. Notify your moving company immediately upon discovering the loss or damage.
b. Provide documentation, such as photographs and the inventory list, to support your claim.
c. Keep damaged items until the claim is resolved, as the moving company or insurance provider may want to inspect them.
d. Be aware of the time limits for filing a claim, typically between 30 and 90 days after the delivery of your belongings.

Understanding the ins and outs of moving insurance is essential for protecting your valuables during a long distance move. Best Quality Transport is committed to providing you with the information and resources you need to make an informed decision about your moving insurance coverage. Contact us today to discuss your moving insurance needs and to learn more about our comprehensive moving services.