Are you relocating home without any protection or moving insurance? Even though you are moving with professionals, there are chances that your precious possessions could be lost or damaged due to any kind of accident or theft during the journey.
So, you should know everything about moving insurance and its benefits when hiring the best removalists Sunshine Coast.
This is one of the common questions people have in their minds. Relying on removals Sunshine Coast won’t protect your household belongings from accidents.
Handing all your precious belongings in the hands of strangers can make you feel nervous as well. What if they damage or lose your valuable item? It is a serious concern if you move across a new state with all your valuable items.
So, it is advisable to get moving insurance and protect your possessions.
It depends on the specifics of your insurance policy. Usually, moving insurance covers any damage done to your belongings during the transition process. From an earthquake to accidents, it’s all covered.
However, don’t forget to ask about the insurance coverage and other important questions before hiring removalists on Sunshine Coast. You’ll need to ensure that all your belongings are covered in case of an accident during the relocation. The company may offer you more than one liability coverage options that you can choose according to your needs.
It is good to prepare your large appliances for the utmost safety when moving to a new place. This will give you peace of mind.
Your removals company is liable for the value of the belongings you ask them to relocate. However, they offer different types of liability options. As a responsible consumer, it is important to know the difference between these two along with their purpose and benefits before making the final decision.
There are usually two types of coverage options, including:
This is one of the most affordable options and is set at no more than 60 cents per pound. Under this valuation coverage, you will be compensated for everything from your pen to furniture at up to 60 cents per pound.
If your 12-pound item is damaged during the transit, it will be weighed and multiplied by 60 cents (.60 cents *12). The final number (7.2) would be the dollar amount you will be paid against the damage.
For instance: if your 280-pound furniture costs around $1,000 damaged during the moving process, the company will reimburse only $168- which is significantly less.
One of the major benefits of this type of valuation option is that companies offer it at no additional cost. However, you need to sign a specific statement on the final bill or contract to agree to the released value protection option.
This is an excellent option if you want coverage for your less expensive items because it compensates according to the weight of your belongings.
If you don’t opt for released value, your items will be transported at the full value protection liability, and you will have to pay the amount accordingly.
It is obvious that your belongings are worth more than 60 cents a pound. That’s why most people opt for the Full-Value Protection option. The coverage is dependent on your valuation of the items being relocated.
The cost is based on about 1 per cent of the valuation. For instance, if your moving belongings are worth $70,000, you will pay around $700 for this valuation option.
This allows moving companies two options:
For instance, if your five-year-old dishwasher is damaged, removalists will not replace it with a new one. Instead, you will be given the fair market value of a five-year-old dishwasher.
It is important to know your rights as a consumer if you are buying products or services. This will help you choose the right option without getting scammed.
In this type of coverage, you will get peace of mind that your belongings will be repaired or replaced if they get damaged or lost. However, your lost item won’t be replaced with a new one, but still, you won’t get compensated according to the released value protection coverage.
A moving company is not obligated to reimburse you for any belonging that costs more than $100 per pound unless mentioned on the shipping documents. For example, a jewellery piece that weighs 5 ounces and is more than $40 ($100 per pound) must b included in the shipping documents, otherwise, it will not be covered if it gets damaged or lost during the transition process.
So, make sure you inventor your items and add everything that is valued at more than $100 per pound.
Moving companies are not liable for selling insurance. In fact, you are paying for stated liability. So, it is good to opt for third-party insurance to get full compensation if something gets damaged or lost during the process.
It is also important to choose the right size of truck if you don’t want any damage during the journey.
It is good to create an inventory of all your belongings that need to be moved. You can decide what type of moving insurance you will need depending on the value of your items. It is good to hire a licensed company for safe and sound removals in sunshine Coast.