Avoid Moving on Without Insurance

A move of any kind can be particularly stressful, even more so if your insurance is not up to date.

When you visit 2insure4less.com, you not only get quality and affordable insurance quotes, but also a wealth of information on how best to shop for insurance.

Given that all of us likely move once or many times in our lives, it should come as no surprise that insurance coverage sometimes slips through the cracks.

Whether consumers are moving just down the road or far away from the home, it is important prior to the move to go over one's homeowners or renter's insurance policy to make sure their move is properly covered.

Consumers should take note that not all insurers or agents are licensed to do business in all states. With that being said, moving out of state could lead to major changes in one's homeowners or renter's insurance policy.

When making a move, it is important to share with your agent details on the new residence you will be relocating to. Important items include things like when the residence was constructed, the type of materials used to construct the home, square footage of the residence and more.

Consumers should also share with their agent the timeline of their move in order to make sure coverage is switched from the prior residence to the new home without any lapses in coverage. It is also important to make sure that household possessions are covered during the move in the event something is damaged in transport.

For consumers who work with a moving company, keep in mind that homeowners and renter's insurance will only in most cases offer limited coverage for household possessions being transported.

A policy deductible will be applied to any claim put in for a loss on these items, so it is important for consumers to check their deductible and find out how it is applied prior to embarking on the move.

In most cases, moving companies will offer basic insurance protection. The figure will be based on how much the items weigh and whether you are moving in-state or out of state. Oftentimes, the basic coverage is about $30/pound in state and double that per pound for an interstate relocation.

It is required for consumers to know the value of the shipment and provide a declaration in writing on the receipt. Movers may offer added coverage for a charge, while coverage for a lump sum value might be available. The coverage is generally based on the value of each item as opposed to the weight. ,

In the event consumers need to reach a settlement from the movers or its insurer, keep in mind that can take some time to complete. Consumers who move should immediately upon arrival of the goods inspect them to check for any damages. Any damages recognized should be reported before the movers leave the new residence.

For those individuals who are having a mover tow the family car, be sure your personal auto insurance covers for liability while the vehicle is being transported. In the event the policy covers physical damage to the vehicle, keep in mind it should apply while the vehicle is being towed.

There will be instances where one's family and friends offer to help with the relocation. If you are renting a moving truck, take note that some personal auto policies offer coverage for the driver's liability in a rented vehicle, but that oftentimes is not the case. Consumers should review their policy up close for coverage and limitations prior to renting the truck.

If you are moving and your personal auto policy does not offer coverage, there will be in some instances the option of acquiring insurance coverage as part of a rental deal.

A pair of common options for consumers is Supplemental Liability Insurance (SLI) and Limited Damage Waiver insurance (LDW). ,

SLI provides those relocating when it comes to a claim made against the driver of the truck or the moving truck rental company when struck by another driver. Meantime, LDW gives the consumer protection from having to cover damages to the rental vehicle.

In both instances, there is typically a limit on how much the supplemental coverage will compensate. ,

Before you drive off on your next move, be sure you are properly insured. ,