Are you planning on moving to a bigger office? Or are you relocating to a brand new home? Whatever the case may be, hiring a professional removal company like local furniture removalists operating in Perth is always a smart choice. In the event that something gets broken or damaged, you can rest assured that the items will be covered by removals insurance. But what is removals insurance? And how can it benefit you during moving day? In this article, we’ll be discussing what removals insurance is all about and why you need it for your next big move.
What is removals insurance?
Removals insurance is a type of insurance that covers items or belongings that are being transported during a move. Conventional wisdom says that normal household insurance covers your personal items against accidental damage or theft. And while that remains true, household insurance doesn’t cover belongings that are in transit or are handled by removals companies. Removals insurance protects you from financial loss in the event that your furniture, possessions, and belongings get damaged or broken at any point in the moving process.
Removals insurance covers pretty much everything an average homeowner possesses and only high-priced or extremely valuable items will fall outside of its policy. The vast majority of professional moving companies are able to supply the upper limit of a particular claim along with a figure that’s roughly similar to their public liability insurance. In most cases, this will be more than enough to replace everything you own even if you suffer from a total loss (which is highly unlikely).
Do you need removals insurance?
You can get away without removals insurance if you don’t have many precious possessions, but it’s still not a good idea as it puts you at risk of financial loss. That’s why reputable removalists establish some level of moving insurance into their quotations to assure clients of their quality of work. Accidents can happen, especially when moving heavy objects such as furniture, appliances, and equipment. The last thing you want is to arrive at your new home with a broken TV or a damaged refrigerator without the means of replacing them.
Many removals companies include insurance cover as part of their contract with you. That being said, it’s worth looking at the limit on claims as sometimes they can be surprisingly low. Your chosen removals company should have goods in transit insurance (which covers your possession while in transit). Have your goods valued, especially valuable items to find out if you need to remove any additional moving insurance cover.
We recommend discussing available insurance options with your removals company as they may be able to bump up the amount of cover. Check what’s exactly covered such as:
- Dents, scrapes, and scuffs
- Financial papers like bonds, deeds, and stamps
- Whether the move is covered should weather conditions become stale and cause delays
Also, make sure to check with the removals company if they require you to list an inventory of your belongings with their values included. Get as much information as you can on the insurance coverage the removals company is offering such as what the insurance entitles you to and whether the compensation will come in a form of money, repair, or replacement.
What if you pack the boxes yourself?
This is an important thing to remember as most insurance companies will not cover you for damage or loss if you decided to pack the moving boxes yourself. The boxes need to be handled by a professional removalist in order to validate damage to your goods or else you’ll risk getting your claim refused. If you’re looking to purchase your own removals insurance, it’s a good idea to compare prices to get the best deals around.
Like with most financial products like life insurance or savings accounts, the cost for removals insurance will vary across the marketplace. Some moving insurance can be had for cheap if you list any high-priced items in advance, allowing you to tailor the policy according to your exact needs. On the other hand, full replacement coverage is the most expensive due to the fact that it offers total assurance.
Why it pays to have removals insurance
Moving home or office is a big move and it requires thorough planning and preparation. One way to prepare for unforeseen incidents is by purchasing removals insurance. Removals insurance helps put your mind at ease knowing that your prized possessions are covered in case it gets damaged or broken during the entire moving process. Before moving day arrives, make sure to have removals insurance in place. That way, you’re protected from financial and are prepared for even the worst case scenarios.