Federal law requires that moving companies have insurance that covers belongings up to 60 cents per pound. That is why if damages occur, then you may not be fully compensated by the moving company. For example, you have a 40 pound coffee table that is worth $800. The moving company would only compensate you for $40. …show more content…
You have to spend a lot of your time making sure that everything is in place. However, having moving insurance will make your move a lot less stressful. You will have the peace of mind knowing that your belongings will be covered if something happens to them.
Relatively Inexpensive
Moving can be quite expensive. That is why many people do not want to get moving insurance. However, moving insurance is relatively inexpensive. It can also save you thousands if something were to happen to your belongings. The type of package that you select is one of the things that affects how much money you will have to spend on moving