If you’re thinking of hiring movers to help you move, you may be wondering whether your renters insurance policy will cover them. While renters insurance is designed to protect your belongings during a move, it’s not sufficient to protect your possessions from damage during the move. A moving company that doesn’t carry workers’ compensation insurance will not be able to cover you for any injuries. In such cases, you should check with your insurance agent about endorsements or additional coverage to enhance your protection. best local moving company near me
The good news is that you can find renters insurance that covers your belongings while the moving company is working on them. Most policies will cover damage to personal property that occurs outside of the primary residence. Your policy may cover up to 100% of the total value of your belongings, but it may not cover your valuables if the moving company breaks them during transit. Regardless of whether your mover’s insurance covers your belongings, it will be important to compare policies to make sure that you are getting the best deal.
If your move is covered by your renters insurance, you should make sure that you have enough coverage to cover the costs of a temporary residence. Remember that renters insurance will not cover your possessions during the moving process, and your personal vehicle may not be adequately covered. Truck rental companies, however, provide insurance for their vehicles and the driver and passengers. You may also be eligible for additional coverage if you are moving from one location to another.
When you’re choosing a moving company, you should consider whether you’ll be storing your belongings in storage. While you’ll likely have adequate coverage for your belongings, you’ll want to ensure that the company has an additional insurance policy to protect your valuables. In some cities, COI coverage is mandatory, so it’s wise to make sure that the company handles it. It’s also smart to make sure that your moving insurance has limits that are comparable to those of your renters insurance policy.
A third option is to purchase an additional valuation for the value of your belongings. While this option may cost a little more than renters insurance, it’s a far cheaper alternative than paying thousands of dollars for the same coverage from your personal insurance company. If you can, consider buying a valuation for your valuables through the moving company. These valuations will cover the costs of transit and loss during the move, but won’t cover damages caused by packing.
Make sure your insurance covers all items moved with you. Some insurance policies only cover items you’ve brought with you, while others won’t cover them at all. If you’re moving from a home to a new apartment, make sure to check your policy for specific coverage for moving companies. While renters insurance doesn’t cover damage caused by movers, it does cover items damaged in transit. Depending on your policy, you may even be able to cover the cost of moving and recovery until you find your new place.