First of all, what is moving insurance?
You can think of moving insurance as being similar to travel insurance. With travel insurance, if something goes wrong while you’re travelling, such as losing your suitcase, the insurance provider steps in to take care of the situation. Moving house is similar, except you’re travelling with all your belongings, not just a suitcase.
Does contents insurance provide moving cover?
Contents insurance varies from one policy to another. Generally, most policies don’t cover your belongings while they’re in transit or storage. Check your policy to see if your belongings are covered or not. We recommend you contact your insurer if you don’t know if you’re covered. It’s also a good time to get your home and contents insurance transferred to your new property. Moving insurance is specifically for moving, so if you have it, you will be covered.
What does moving insurance cover?
There are different kinds of cover. Generally moving insurance covers you for accidents, loss or damage to items. The insurer will cover the cost of repair for damaged items, replace it for an item of comparable value if beyond repair, or make a payout at the current market value of the item.
Reason 1: Some items just don’t like to be moved
No matter how carefully items are packed, there is always a risk of damage. Furniture is not designed to be moved. Many appliances, especially whiteware such as fridges and washing machines, must be transported very carefully to avoid damage. Moving insurance often includes cover for electrical and mechanical derangement. This is where an appliance arrives in perfect visible condition, but doesn’t work when turned on.
Reason 2: Peace of mind
Moving is stressful enough as it is without having to deal with damage, missing items or faulty appliances. If you have to put items in storage during a move, they become susceptible to damage from pests, mould and mildew. The right moving insurance policy will cover you for those unpleasant surprises too.
Reason 3: Better safe than sorry
The truth of the matter is you won’t be able to get moving insurance if you’re managing the move by yourself. Even if you hire movers, you’ll only be able to get limited insurance if you are packing your own boxes. Hiring professional movers, getting your items professionally packed and backing it up with moving insurance provides the best protection against mishaps.
How much does moving insurance cost?
Thankfully the days of getting a valuation done to appraise the value of your belongings are well behind us. You can now get an immediate quote online through our website. There is also more information on our insurance page about the types of cover available.
