We can start by saying: it pays to be protected. For those who don’t know, insurance is an arrangement by which a company or the state undertakes to provide a guarantee of compensation for specified loss, damage, illness, or death in return for payment of a specified premium.

In simpler terms, insurance provides protection for people who have it against possible mishappenings or eventualities. It is basically a sort of assurance that things will be okay even if they are bad.



According to Trusted Choice, moving insurance “can be used to supplement the coverage provided by a moving company or to cover your belongings when you handle the move yourself.” People are often concerned about whether or not they should move, and if they are moving, should they buy moving insurance or not? Is it even worth the money?

People are scared of local movers ruining, breaking, damaging or stealing their belongings during the process of a move. Fortunately, there a number of ways to insuring that your belongings are in safe hands, will not be damaged and will reach their new home perfectly unharmed – or even in case for some unfortunate reason they are harmed, moving insurance makes sure you have a backup plan or a plan B.

It is important to remember that moving insurance is not actually insurance but is an offer called valuation. Valuation works the same as insurance does, ultimately. But since moving companies are not authorized to “sell insurance” they offer valuation, which means that the moving company ensures compensation for your valuable belongings in case there is sort of damage or a big loss.

There are two specific kinds of moving insurances offered by companies, it is a must that these are offered. These two types are:

  1. Released value protection
    This is the basic sort of protection offered. It comes at no extra cost but gives minimal coverage only.
  2. Full value protection
    This coverage is far more responsible than released value, but users have to pay a premium upfront.



There are multiple reasons to buy moving insurance. The following tips will help you decide what kind of insurance to get, and how to maximize your money’s worth:

  • When hiring professional movers, purchase additional endorsements from your home insurance company to cover different problems and risks that are concerning you.
  • Before moving, ask for a full review of all the different insurance options they can provide you.
  • Always ask about what your home insurance company is going to cover during the process of a move. It’s better to know beforehand.
  • Invest in a Trip Transit Policy – it ensures your property for damage during a specific trip or transit event.
  • Tell your movers that every item you intend to move should be covered.
  • When moving, provide your movers with as much detail as possible.
  • Released value protection offers minimal protection.
  • Always, always remember that the type of coverage you choose should be based on how much you value your household goods and items.


Buying moving insurance is a good move. You should think long and hard about which kind of protection you want to invest in.

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