When it comes time to pick up all your possessions and move them into a new place, it's not a good idea to skimp when it comes to insurance. Ideally, you want to have financial protections in place for all your stuff, all the time – without this, it's hard to have peace of mind during the difficult, stressful moving process.
People often have insurance on both their old home and their new one. But what about the time in between?
Everyone understands the need for insurance in their homes, which is why they frequently have policies on both their old place and their new one. But what about the time in between? If you're not willing to pay for insurance during your move, you're exposing yourself to significant financial risk. It's better to pay a little bit for a policy now rather than risk paying a lot later. You don't want to simply be out of luck if your property is damaged or destroyed.
Moving is when your stuff is at risk
Why do people have insurance for their old place and their new one, but not in between? The more you think about it, the less sense it makes. According to Nine.com.au, when your possessions are in transit is when they're most vulnerable. Of all times, that's exactly when you should be insuring them.
"If your goods are insured in your home when they're at very little risk of being damaged, why wouldn't you insure them when you put them in a truck and shake them to bits?" asks Jan Hanley, marketing manager at the Australian Furniture Removals Association.
Moving is always stressful, and one of the main reasons for that stress is concern about your property. In your heart of hearts, you know it – your possessions might be lost, damaged or totally destroyed. With this in mind, it makes sense to protect yourself financially and relieve a little bit of that stress in the process.
Many movers have insufficient coverage
Insurance is a hot commodity these days, but when it comes to moving, that's generally not so much the case. Recent research from insurance company Allstate indicates that many people have insufficient insurance for their valuables when they move.
Often, this happens because they're too busy planning everything else and don't devote enough time to researching insurance. The best remedy for this is to make insurance part of the process. The same way you put effort into finding a place to live, packing your things and working well with your removalists, you should put that same level of emphasis on finding a good insurance policy.
If you're working with a new removalist company and you don't know what your insurance options are, it's probably because you've neglected to do your homework. Then again, it might be because you need a new business partner who will be more attentive to your needs as you plan the moving process.
At Promovers, we can help you out
Professional Movers Melbourne is one of the most renowned removalist firms in all of Australia. We fully understand that when it comes to relocation, getting insurance is a key part of the process, and it's not something you should forget about or skimp on. You want your new home, and the possessions you're putting into it, to be fully protected.
We will make sure you get the coverage you need. Part of our process involves looking at your specific possessions, carefully considering the coverage they demand and drawing up an insurance policy that will fit you well. We can arrange for insurance for up to $150,000 worth of your possessions. Talk to us today about how much coverage you need.