Van Nuys Movers Explain The Differences Between Traveling And Moving Insurance!
Moving to a new place is always a thrilling adventure. But everything can happen during the transit and it would be foolish not to have any form of protection. Any moving company will recommend you to purchase a travelling or a moving insurance before you can actually start relocating your items. Put there is the eternal dilemma of choosing between these policies.
Van Nuys movers explain the differences between travelling and moving insurance. Both look similar, but they have some differences. If you want to work with professionals and minimize the risk of an accident, hire the best Van Nuys movers can provide.
Travel insurance is an insurance designed to provide protection to both the owner and its items. Is used to cover medical expenses or the occurred loses during travelling. Can be used within the country of the owner or internationally. Risks covered by travelling insurance: trip interruption or cancelation, emergency evacuation, visitor health insurance, overseas funeral expenses, remains repatriation, hi-jacking, lost baggage, stolen baggage, travels delays. Moving insurance is specifically designed to cover only the belongings that must be shipped away.
Your items will be protected against damaged, theft, catastrophic natural events, loss and mishandling by the moving workers. Moving insurance requires an evaluation of your items and most of the moving companies will provide limited financial support based on a predetermined limit of liability. This valuation is stated on the moving contract or bill of lading. There are three types of valuation: declared value, lump sum or assessed value and full value protection.
Declared value is the value based on the total weight of your items multiplied with a predetermined amount per pound. Clearly this valuation is not recommended if you shipment contains many valuable, lightweight items. Lump sum value is the alternative for declared value valuation. This insurance is based on more than weight.
The terms of this valuation are usually included in the bill of lading and must be discussed with the insurance provider. Full value protection includes total destruction, damage and loss of your items. This coverage will help you pay for replacement or repair of goods, but it is more expensive.
Our company is one of the best in the area and we can pack and ship away securely all of your items. VanNuysMovingCompany.com