Insurance Options

Cover All Bases

It’s no wonder that some people feel slightly overwhelmed when they’re planning to move house. Alongside all the emotional and physical upheaval involved in this life-changing step comes the financial headache of paying for the 101 costs incurred, whether it’s a do-it-yourself job or involves a removal company. Insurance can get factored out of the equation as costs spiral, but this should be a priority which can give essential peace of mind.

Factors To Consider

It can be a shock to discover just how much the combined worth of your worldly possessions comes to, as you have spent a lifetime accumulating all sorts of bits and bobs. Twenty dollars here and a couple of hundred dollars there may not seem much at the time, but it all adds up! To check that you won’t be left high and dry should the worst come to the worst on your moving day, be prepared with the best insurance you can afford. Hopefully you’ll never need it, but don’t take the risk!

Insuring Possessions

Take a good look at the clothes and shoes in your wardrobe – you may have bought some items years ago, but how much would they cost to replace now? What about all the power tools in the shed, the kids’ toys, Auntie Mabel’s finest china dinner set which has been in the family for generations…like it or not, accidents can and do occur despite the very best precautions, and everything has its price! If you’re going with a removal company, check carefully to see what’s covered. Valuable items may require additional cover – take jewellery and other small, expensive items with you on the day rather than leaving them with the removal company.

Premium Versus Excess

Despite the temptation to believe that everything involving your move will run smoothly and you’ll never have to make a claim for anything, don’t fall into the trap of plumping for the cheapest premium. Should you need to claim, the thought of paying a whacking great excess will put you off and make the whole process worthless. Shop around for a reasonable deal which allows you to get the best of both worlds.

Insuring Your Truck

If you’re hiring a truck for a DIY move, ask the truck hire company to take you through their insurance options. Again, before you decide to save a few dollars by choosing the cheapest, check out how much it would cost to upgrade to a more comprehensive policy. Very often, the truck rental insurance will not cover the contents of the truck, therefore you need to arrange a separate policy for this. Also, you may not be able to claim if you do not have the insurance details of the other party involved in an accident with the truck, or if you are at fault for an accident.

Consider All Eventualities

When planning insurance for your home move, it pays to play devil’s advocate and think of all the things that might go wrong, however remote they may seem. That way, you should be in for a pleasant surprise!