It’s perfectly normal to feel nervous when giving your possessions to a moving company. Although licensed movers near Cleveland try their best to transport your items without a scratch, accidents do happen. Some of your precious belongings can get stolen, damaged, or lost during the move, regardless of how well they’re packed.
To ensure you’re compensated for this loss, it’s ideal to get moving insurance from licensed movers near Cleveland.
What’s Moving Insurance?
As suggested by the name, moving insurance covers any loss or destruction of your belongings during a move. Moving insurance can reimburse you for different amounts depending on the type of coverage you’re opting for. Full-value, separate liability, or released-value protection are the three main types.
Full-value protection means your licensed moving company will pay you for the total value of items lost. Movers may also offer repairs or replacements. Getting this coverage is a little costly.
Separate liability coverage is given by a third-party insurance company. Your mover will follow released-value protection, but return full-value for the items in writing.
Released-value protection is given without extra cost; however, it offers little protection (around $0.60 per pound of weight). This is fine for heavy furniture, but gives no protection to lightweight yet costly electronics and appliances.
How Does Moving Insurance Protect You?
After you choose a moving company based on their quotes, online reviews, and approved licenses, it’s important to check what kind of insurance your movers offer. Full-value protection is ideal, but other types can be advantageous if you don’t have many electronics or are moving precious collectibles and valuables in your car. Insurance is always important as accidents are often unavoidable.
Remember, it’s also necessary that you’re upfront about the items your movers are carrying and have everything in writing. You won’t be compensated by insurance if you didn’t list an item, didn’t mark it as fragile, or didn’t go through the valuation process.
