Removals Insurance 101: Everything You Need to Know
Removals Insurance 101: Everything You Need to Know
Scratches, dents, and other physical damages on household items are some of the most common moving fails many people have experienced. Unfortunately, you can’t look after all your stuff all the time. Hence, it would be smart for you to get removals insurance when you move.
If you are planning on getting removals insurance for your big house move, you will need to make sure that you understand exactly what it is, how it works, and how getting one can benefit you. To help you with this, here’s a short guide which you may find useful.
What Is A Removals Insurance Policy and Where Do You Get One?
A removals insurance policy covers losses and damages to your belongings during the process of relocation. This includes the packing, transportation, unloading, and even the unpacking of items in your new home.
You may get or purchase a removals insurance policy from your chosen removals company or a separate insurance provider.
How Much Will It Cost?
The cost of a removals insurance policy will depend on the volume of goods and your house’s distance and accessibility. Moreover, fragile items like antiques and heirlooms are excluded in the standard removals insurance policy. However, you may always choose to avail of an additional insurance policy for such items, with a rate based on the monetary value of each.
If you avail a removals insurance policy, your items can be insured up to a cap of 10% of the total cost of the belongings covered. That means if all your goods are insured for £50,000, the maximum total claim would be £5,000.
Do I Need It?
The short answer? Yes.
Usually, a removal package only offers liability terms. Such liability terms, which are indicated on the service contract or the company’s terms and conditions, are often limited. For example, a company may state that its liability terms do not cover damages caused by external factors like weather conditions. Hence, it would be a smart and practical move for you to avail of removals insurance as well.
“But I’m spending so much already! Is moving insurance really worth it?”
Again, yes. Spending on removals insurance is worth it for your peace of mind. Even if you have an existing home contents insurance, it is still advisable to get moving insurance, as the latter does not usually cover items damaged during a house move.
With the stress that comes with the moving process, it’s good to have something to rely on for the safety of your items. You may also check out WhatStorage’s tips on how to make moving less stressful.
If you’re on a tight budget, you don’t have to worry! Your policy rate can be calculated based on what you need and what risks you are willing to take. By then, you will be financially protected from costly repairs or replacement for your damaged belongings. You may also refer to this guide on How To Save Money While Moving to minimise your spending!
How Do I Know Who To Trust?
With hundreds of local removal companies to choose from, you’ll want to make sure you’re with the right partner mover.
It will help to check if the removal companies on your top list are members of the British Association of Removers. Being affiliated with official organisations like BAR means the company has achieved high standards of professionalism and service. They also follow a set of standards for insurance policies.
In case something goes wrong with your move, you can always seek help from the association.
How Soon Should I Book?
Although most moving companies are easy to contact, it is highly recommended to find a removals company 4-6 weeks before your move date. (Don’t forget to add this on your moving house checklist!) Once you find a partner mover, you can talk about the liability terms and the best insurance policy for you.
Check what exactly is covered; damages caused by weather conditions or by movers during transport. Are important documents like passports and house title deeds protected as well? Don’t forget to confirm if the insurance cover is for replacement, repair, or financial compensation.
If you choose to pack your items on your own, the insurance company’s liability will be limited and might not cover your loss. Most removals companies offer packing services, so you won’t need to do it yourself if you are occupied with other tasks.
If You’re All Set…
Always have your policies in ink. It’s best to have written documentation of the move and to ask if there’s something you don’t understand. Always read the service contract and never ever sign before reading thoroughly! If you have concerns, raise them to the movers before the big day.
If you notice damages to your belongings after the move, you have five days to issue a claim with the moving company. Here’s a guide on what you should do when the removals company damages your items.
If you’re thinking twice about getting a removals insurance, don’t hesitate to ask for advice from experts. Contact WhatStorage for your questions. We work with only the best professional movers in the country, so you can rest assured that your moving day will be not much of a hassle.
Get free quotes quickly by going through WhatStorage and make your relocation easier! Meanwhile, if you’re unsure about how you will be charged for a removals job, here’s a guide on Average Removals Costs.