A List of Types of Moving Insurance
Insurance is the best way to secure your items during the process of moving. This is the only guaranteed solution to protect your belongings in case of loss and accidents. Make sure that before hiring any removal or moving company, ask them first if they offer insurance and get one immediately. Here are three types of moving insurance you can choose from.
1. Full Value
Under this insurance, the moving companies are responsible for carefully handling your belongings throughout the entire shipment. If anything happens to your items the insurance provider of full value can replace it with new items, fix them, or pay the amount in cash. Among the types of insurance, this is the most expensive type of moving insurance.
2. Released Value
The moving companies will give a certain amount of fees to the destroyed or lost during the time of moving. They will be forced to give 60 cents per pound of each item.
3. Third- Party Value
This type of insurance is the same as released value. The difference in the third- party insurance is that there is no additional cost.
Now you know the types of moving insurance you can now choose what kind of moving insurance you choose the next time you move your items.