When you move from one home to another, you may feel as if you are vulnerable. Your homeowners’ insurance is designed to cover your belongings while they are in your home or your possessions. This means you will still have coverage while they are being transported from one location to another. With the right type of homeowners’ insurance, you won’t have to worry about whether or not your items will be replaced if an accident occurs.
Will My Belongings Be Covered by Homeowners Insurance?
Your belongings will be covered by your homeowners’ insurance when you move, even if they are no longer in your home. Are your possessions still covered when they are in-between homes? The answer is yes. Your homeowners’ policy will cover your possessions for the same perils covered while in your home. If you are using a professional mover, they may also carry coverage on your belongings if anything is damaged due to something they did or didn’t do.
Movers’ Business Insurance Will Offer Some Degree of Protection
When you choose a professional moving company to move your belongings for you, they have insurance in place that will cover a portion of the damages to your property if an accident occurs. They are required by law to offer three types of liability protection. They include released value protection, full value protection, and separate liability coverage. Each type of coverage will offer varying degrees of benefits. It is up to you to determine which type of insurance you need.
Understand Your Mover’s Agreement
Once you hire a moving company, you will receive a mover’s agreement. Make sure you read over it carefully. You will undoubtedly have questions or concerns. Before the day of your move, make sure all of your questions have been answered, and you know what to expect once the moving crew arrives at your home. Don’t hesitate to ask a question or take a few notes as the movers get to work.
Moving By Yourself? Know-How to Protect Your Property
If you plan on moving yourself, it is important to remember that you will be in charge of the entire process. This means it will be up to you to protect your belongings during the entire moving process. This is where you will want to talk with your insurance agent to understand what perils are covered and which ones are not.
Moving can be a stressful experience. Knowing what your homeowners’ insurance covers during the move is important. Call our insurance experts at Young Insurance if you have questions about your move and whether or not your homeowners’ insurance will offer sufficient coverage. Get the answers you need before moving, so you are sure all of your possessions are fully covered. Don’t take any chances! Talk to our team of experienced homeowners insurance experts today!