Why is insurance important?
Arranging an insurance is a great way to protect yourself from loss or damage of your belongings. Standard liability terms and conditions normally do not cover all your household goods. Buying extra insurance can make sure you will be 100% covered. Of course your goods are valuable, and therefore it is important that you ensure proper financial protection to give you peace of mind.
Always ask your moving company abut their insurance policy and if there are possibilities for an insurance designed specifically for your move.
Most reputable international moving companies will give you coverage over your personal belongings during the move. However, there is not a standard international moving coverage. It is important for you to check your moving companies policy on insurance. We always recommend you purchase the greatest coverage for your things, so in case of an accident your possesions will be protected.
Important specifics on insurance limits are:
- The nature of any exclusions;
- The amount of deductible;
- The procedure of filing a claim.
To help determine the necessary level of insurance coverage you should think about what the cost of replacing your belongings in the country of destination would be. A great way to find out, is to check with local consulates and embassies that contain price index data for a general guideline. Remember to be as detailed as possible when it comes to your paperwork. Better to have too much information of than too little.
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