The Importance of Moving Insurance

Posted on July 9, 2010

Moving brings up many concerns. For some people, getting insurance during a move is essential, while others may consider it a waste of money. American Van Lines Miami moving companies would like to illustrate the importance of insuring your possessions while moving. While our Miami movers take precautions to protect your items throughout a move, accidents do happen and are unforeseen, so we’d like to give you some useful information about the matter.

it is common thinking that moving companies are obligated to cover any losses that occur during a move. Some people even think that they can claim any damages on their homeowners insurance. Unfortunately, no one is obligated to insure your belongings without your request.

According to the Department of Transportation, moving companies are only responsible for 60 cents per pound without insurance. Even if you have full coverage insurance, moving companies are only responsible for part of the value of your items that are of extraordinary value, i.e. jewelry, unless listed on your Bill of Laden prior to your move. Homeowners insurance only covers items that are within a lived residence so items in transit are automatically excluded.

Third part moving insurance companies are your best bet for the protection of your items. These companies will cover your items depending on the type of insurance you purchased. Some homeowner’s insurance policies will actually cover your move so you should check with them before purchasing third party insurance. Once you have the proper coverage you should be able to focus on the details of your move.