Does Homeowners Insurance Cover Me During A Move?

Does Homeowners Insurance Cover Me During A Move? 

Buying a new home can be an exhilarating time! Moving … not so much. A necessary evil, packing and boxing up a lifetime’s worth of trinkets, photo albums, furniture, dishes and home items is well, the worst. But what’s even worse than moving is finding out that something valuable you own got damaged or lost in the process. 

The good news is that many homeowners insurance companies offer insurance protection on your belongings during a move. Because every homeowner’s policy is different, it’s important to call your insurance company to review your policy and see if your belongings are covered during your move and while they are inside a moving truck. Want to save yourself the hassle? Call us instead. We can go over your policy and see if you’re covered, so your move can be just a little less stressful. 

Limitations to moving coverage in your homeowner’s policy 

Even if your homeowner’s insurance covers your personal belongings during your move, there are likely to be limitations to what your insurance will and will not cover. Some homeowners insurance policies will only cover catastrophic damage, not small repairs. Other policies will only cover your possessions as a whole, such as if everything you’re moving is lost or damaged in an accident or a fire. Many policies will only cover items if they are lost in an accident in the moving truck, theft, or fire, but not for typical moving mayhem like dropping a box. The best way to know for sure is to call your insurance company directly or have us find out for you. 

Invest in moving insurance if you hire a moving company 

If you’re one of the lucky folks who can hire a moving company to do all the heavy lifting of a move for you, your moving company is required to have insurance to cover your items if they are lost or damaged during the move. When working with a moving company, make sure you assess the limits of their insurance coverage for your belongings, because the amount of coverage offered may not be enough to cover the value of items you are entrusting to them. Some moving companies reimburse for lost or damaged items by the pound, not the piece, which can be a devastating loss for you in the case of breakage or theft. If your moving company does not offer enough coverage, check with your homeowners insurance to see what coverage they offer. You may also want to purchase an affordable moving insurance policy, as well. 

Moving to South Carolina? We’d love to be your insurance resource! 

Edwards Insurance Agency in Taylors, S.C. helps residents of South Carolina and the Southeast find insurance that works for their families, their budgets, and their life. From homeowners insurance to auto insurance, boat insurance, business insurance and more, we would love to be your South Carolina insurance resource. Give us a call today!