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This is why you need moving insurance. It is not only the possessions you take while you are moving. You are also taking memories with you. Your memories will reach safely to your new home, but your valuable possessions might not arrive home safely.

When you move, the movers you hire will load all your properties in a moving truck. While most of the time your move goes smooth, but sometimes accidents can happen and you might lose or damage your valuables during transportation. Nobody likes losing or damaging their furniture, family pictures, antique paintings and other valuable items. So they give extra effort and care to ensure that their move goes perfect. Remember that no matter how careful you are in hiring movers and managing relocation, accidents can happen. Nobody can control these mishaps. What you can control is the loss you might have to incur with the help of insurance policy. The good news is that most moving and relocation agencies offer a valuation service, if not insurance. Valuation is the predetermined limit of liability which is mentioned on the bill of lading or moving contract. This part of the contract does not have any extra cost. Most of the times, valuation does not have any connection to the actual value of your possessions. Your moving company is responsible for the value of possession you ask them to move. There are different levels of responsibility. The level you select determines the amount and type of compensation you will receive if your valuable possession is lost or damaged during the transfer. In this article, we have explained the different types of insurance that you get while you are moving. Types of moving insurance Release value protection Since there are no any additional charges, this is the most economical form of this type of insurance. You will enter into a contract after you sign a specific statement on the bill of lading. It compensates you on the basis of the weight of your possession, not its actual price. Full value protection Although it is expensive, this is the most effective moving insurance. The coverage includes destroyed, lost or damaged possessions. Under this form, the moving company will repair or replace your items if they are damaged. Assess value protection If your possessions are valuable and costly but do not weigh much, you need to consider this form of insurance. This type moving insurance is based on the cost of an item rather than on its weight.

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For more information check the website moving and relocation.