01 Mar Common Moving Insurance Options – Seattle Relocation Tips
Despite all the care moving or relocation services teams show for your household goods, accidents can happen all the time during such processes. Claims are frequent in cases of relocation or moving, and the interesting fact is that often, homeowners do not even realize which are the risks that threaten their belongings while in transit, in the moving process. Moving or relocation can easily bring peace of mind, homeowners knowing that their belongings are safe and properly handled. The good new is, that there are insurance options out there that can cover many relocation risks.
It’s very good to know from the beginning that moving and relocation companies do not offer insurance in its classical definition. Tariff based loss or damage liability are the core elements in moving insurance options and policies, and in the classic insurance situation, they would represent the “valuation”. Two of the most critical types of coverage are cargo and catastrophic coverage. Cargo coverage is appropriate for individual items’ damage or loss. For example: one of your table’s legs breaks during the moving process. It will be covered by the cargo coverage; at the same time, it’s very useful to know that cargo coverage includes catastrophic coverage. This type of coverage will provide coverage just in case of specific catastrophic events, but it is not similar to cargo coverage, as it does not include it too.In many situations, insurance coverage is tailored to meet client’s requirements and needs. In case a product is damaged, the insurance policy will allow for the reparation to be paid, and if the specific item cannot be repaired, the insurance policy will be used to replace it.