Relocating to a new house should be exciting, not stressful. But when you’re transferring all of your belongings, it’s only natural to be concerned with what could go wrong along the way. That’s why there’s moving insurance. This guide explains everything you should know when it comes to protecting your belongings when you move. 

Whether you’re moving to the other side of town or relocating to another state, getting the proper coverage can provide you peace of mind. If you’re still not sure what insurance coverage will work best when moving, the A2B Moving and Storage team is always ready to assist.

What Is Moving Insurance?

Moving insurance protects your stuff if it becomes lost, damaged, or stolen during a move. During long-distance or interstate moves, it is like a safety net. Even the most careful movers can have an accident. Boxes do shift, items do break, or something goes wrong on the road. And when you have coverage, those losses aren’t yours alone to bear. Reputable movers will exercise all reasonable care and caution to ensure the safe transfer of your possessions, but some added protection never goes amiss.

What Are the Different Types of Moving Insurance?

There are typically three types of moving insurance: released value protection, full value protection, and third-party insurance. Released value protection is included with your move, at no additional cost, but it only pays usually 60 cents per pound, per item. So if your 20-pound television breaks, you’d receive about $12. That’s too little to replace in kind.

Full value protection is more expensive but also covers the full replacement value or repair cost of your goods. If your $800 TV breaks, the company will fix, replace , or refund you fairly. Price typically is based on how much your shipment is worth. If the value of your things is $30,000, you might pay something like $300 to $500 for this type of coverage, on the other hand.

Third-party insurance provides an extended coverage. If you’re transporting high-value art, electronics, or antiques, this option can cover those items above and beyond what your moving company would cover. Need help choosing the right plan for your situation? Reach out to A2B Moving and Storage. We’ll run your options — depending on your move and budget.

Should You Get Moving Insurance?

You may be tempted to forego it, particularly for a small move. But the reality is, there’s still a need for insurance, regardless of how far you’re traveling. A little bump in the road can cause major damage. If you’re making a DIY move, or hiring a budget mover, coverage becomes more essential, dear. 

Think about jettisoning your laptop or discovering your furniture marred beyond repair. If you’ve got no coverage, you’ll be paying out of your pocket. Our team at A2B Moving and Storage takes every possible step to avoid situations like these but moving insurance provides that extra layer of protection you’ll be thankful to have.

How Much Does Moving Insurance Cost?

Coverage generally includes any damages sustained in accidents, theft, fire, natural disasters, and even due to mishandling. It often includes furniture, electronics, appliances, clothes, and boxes packed by professionals. But some policies exclude cover for boxes you pack yourself, especially if an item breaks because of shoddy packing. Our professional packing services will help you maximize your insurance refund. All items are packed safely and for full insurance coverage.

How Much Does It Cost?

Moving insurance costs vary based on the value of your belongings and the type of coverage you want. As discussed above, full-value protection may cost you typically 1% to 2% of the total value of your shipment. On a $50,000 move, you’d pay between $500 and $1,000. Third-party insurance can be pricier, particularly for high-value or fragile goods. 

But when you consider the possible expense of replacing all the belongings you own, it’s a wise investment. Check our moving services. The A2B Moving and Storage for a quote based on your real move. We will give you a clear estimate and assist you in selecting the best choice.

Tips for Filing a Claim

If something goes wrong in your move, record everything as soon as you can. Photograph anything that was damaged and keep all receipts. Any problems should be reported quickly, generally within a few days after the move. A thorough inventory list facilitates the process.

When you move with A2B Moving and Storage, we facilitate the creation of that inventory from day 1. That way, if you have to file a claim, you’re one step ahead already. Naturally, our helpful team is standing by to assist with any paperwork or queries.

Conclusion

While it may feel like just another thing to consider, moving insurance can cost you a whole lot less stress, time, and money. From studio apartments to full houses, protecting your things is never a bad idea. Now that you know how it works, you can go ahead with confidence.

If you still have questions or want to figure out the right coverage for your move, reach out to A2B Moving and Storage today. We can help you navigate through the options when it comes to insurance, and our top-rated moving and packing services will help make your next move as smooth as possible.