Removal Insurance
Posted on 07/08/2014
Having one’s belongings insured for a removal may seem quite obvious but some people may not want to take on that extra expense. The problem with the world that we live in today is that things go wrong and accidents are bound to happen, this something that cannot be avoided. The great thing is that most removal companies have insurance options available to their clients and some even cover the cost of insurance for their client’s belongings up to a certain amount, like 20,000 euros for example. If clients have items that are valued higher than this standard coverage then it is a good idea to check out the available options for insuring your items.
Which items are commonly covered by insurance policies? Many types of items can be covered by insurance policies but the most common items covered under the average policy are electronics, jewelry and clothing. What needs to be noted about removal insurance is that to get the best coverage it is always best to have certain items appraised before the removal and to have everything well documented. As with any insurance claim it all comes down to good records of your belongings.
Is free coverage a good option? This question is a hard on to answer as any insurance is better than none at all but the really important aspect to insurance policies is who the company is and how often they pay claims. If the company hasn’t paid out a claim in 3 months then it is likely they will not pay out easily. In a case such as this one, it is better to find another insurance company to handle the coverage. In most cases though, especially in the removals industry paying out claims, where the fault was on the side of an employee or the company, claims are paid out and there is no problem with using their appointed insurance provider.
How do you know what provider a company uses? The answer is quite simple, if you are using the services of a company and insurance coverage is included ask the salesman or company manager who they insurance carrier is. Usually a company will openly tell you who provide their insurance coverage as it is not something that many companies keep a secret. In fact, most service providers are proud to announce their insurance provider.
Having that safety net is relaxing. Almost everyone works hard for their belongings and having the safety net of insurance for those hard earned items is very important. Knowing your options is the hard part, ask around, get quotes and make sure that your items are going to be replaced by the insurance company if something goes wrong. It is natural that things will go wrong as accidents are inevitable.
If you hire an outside insurance company to cover any damage to your belongings make sure that an adjuster comes out to inspect your belongings and appraises the cost of each item accurately, otherwise the appraised worth is the amount that will be paid out if a claim were to be made.
