The Truth About Moving Insurance
There are many costs that are associated with moving and they all start adding up; maybe you want to cut down the cost by removing certain expenses. Sometimes, you may not even know which services are worth keeping. Moving insurance may seem like an add on that may not be worth it. However, even the best Gainesville moving company can make mistakes. Here is some information that might help you make this decision.
Important Details Regarding Moving Insurance
One important factor to be aware of is that moving insurance is offered by a third-party and not necessarily by your Gainesville moving company. Your moving company may be partnered with an insurance business who can assist you, but you may choose someone else in order to compare prices.
There are different levels of moving insurance: full replacement value protection and released value. Full valuation provides compensation for the total cost of the item that was damaged, but it costs more money. Released value insurance is coverage that is based on the weight of the items rather than the cost of replacement.
It is necessary to know that after all of your belongings are in your house, you should examine your possessions for damages. If there are any, you must report them immediately. You have up to nine months to file your claim, but the sooner you report it, the more likely you will be to receive compensation. In fact, if you are able to report harmed items on your receipt that you give back to them, you will have a stronger case.
Benefits of Having Moving Insurance
Depending on the form of insurance that you choose, you may receive the full value of any lost or damaged items. This is helpful not only because you will be compensated, but also because otherwise you would have to spend even more money on replacing your items along with the regular cost of moving in Florida.
No matter how much you trust your Gainesville movers, you might still have anxiety over the thought of your items becoming destroyed. Insurance may help to put your mind at ease. You can rest easy knowing that you will receive some form of compensation if your possessions become damaged.
Drawbacks of Insurance
Another downside to insurance is that insurance can be extremely expensive service. Especially if you decide on the full value insurance, you may end up spending exponentially more money. During the moving process, you may want to save money so you may need to count the cost of buying insurance.
While it is always beneficial to prepare for the worst, the worst may not happen. There is a chance that none of your items will be harmed during the moving process and you have spent unnecessary extra money during an already expensive process.