What is Moving Insurance?
Relocating always comes with some risk, for belongings are generally more likely to be damaged, destroyed, stolen or lost when they’re moved than when they’re kept at home. Moving insurance helps Massachusetts residents who are relocating protect against the potential damage or loss of belongings during a relocation.
Moving insurance policies are unique policies that have been specifically designed to help protect belongings during relocations. Since these are such unique policies, individuals should work with an insurance agent who’s familiar with moving policies when selecting one for a relocation. A knowledgeable agent will be able to offer insights on what coverages most people get and when those coverages are helpful.
Who in Massachusetts is a Moving Policy Right For?
Broadly speaking, the majority of Massachusetts residents who are relocating can likely benefit from having a moving policy in place. This includes people who are moving across-state or out-of-state, as well as those who are merely going to a new house around the corner. After all, belongings can be damaged or lost in a move regardless of how far the relocation is.
Additionally, businesses may also want to purchase this type of policy if they’re relocating to a new office, store or facility. This is one of the few insurances that are largely similar for both individuals and businesses.