Moving insurance is purchased when an individual, family, or company relocates and wants to insure items during the relocation process.
Because relocation inherently places the security of items at risk, having moving insurance is a good way to protect your move, as it ensures you’ll be reimbursed if any of your items are damaged during the relocation.
Due to the vast array of moving situations, there are countless types of moving insurance policies and moving insurance companies out there to ensure that every relocator has something that works for them.
Continue reading to learn more about the various types of moving insurance offered by Jordan River Moving & Storage or contact us today to protect your move.
Our Moving Company Insurance Options
Here at Jordan River Moving & Storage, we offer a wide variety of moving insurance policies to ensure that all of the needs of our clients are met.
Some of the policies we offer include:
Household goods carriers must assume liability for the value of the goods they transport. The amount of liability a carrier must assume depends on the level of valuation protection selected by the customer.
As a licensed common carrier, we are required to provide limited liability coverage at no charge to the customer. Under this option, in event of loss or damage, maximum limited liability is $0.60 per pound, per article.
At MovingInsurance.com, we understand how stressful it is to relocate. We help eliminate your stress by providing you with the appropriate insurance for your household goods. Now you can concentrate on your moving needs knowing that your goods are safe, secure and insured.
TG International (TGI) offers the Relocating Individual, the Third Party Relocation Company, and the Household Goods Freight Forwarder, a variety of coverage applicable to relocations.
Is Moving Insurance Necessary?
Short answer, yes. For the long answer, read on.
In the event of theft or mishandling of valuable items, moving company insurance offers you peace of mind and a way to receive compensation in the event of property damage.
The only reason why you might consider forgoing movers insurance is if your items are not valuable enough to you to insure. In this case, the possibility of losing or having those items damaged may not be worth it to you to justify paying for insurance.
If you don’t consider your items valuable enough to insure, you may want to consider the potential costs of having to replace all the items that are being moved (in the event that you don’t insure them). If the cost of insurance is less than that of having to potentially replace damaged or stolen items, choosing to insure them is still likely the best option.
What Items Aren’t Protected With Moving Company Insurance?
While movers insurance generally covers all items that are transported and handled by the moving crew, there are some items that are excluded from most moving insurance policies. These items will not be reimbursed if they become damaged, lost, or stolen during the move.
Some unprotected items are:
- Perishable food or drink items.
- Valuable items that are transported without the knowledge of the movers (you must inform moving teams in writing if they will be handling items of significant value).
- Items that are damaged due to a natural disaster. In this case the event was not caused by the negligence or mishandling of the moving crew and therefore they cannot be held responsible.
- Hazardous items that are packed without the knowledge of the moving team.
Protect Your Move With Movers Insurance
If you are ready to protect your move with movers insurance, get in touch with Jordan River Moving Company today. We’d be happy to discuss insurance policies, moving services, and dates with you to help you set up the most efficient, stress-free relocation of your life.