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Whether it’s across town or across the country, moving can be a harrowing experience. Packing up all of your belongings, worrying about fragile items getting broken or your furniture getting dinged are all things that can weigh heavily on your mind.
While in the midst of the moving chaos, your insurance coverage is probably one of the last things on your priority list. But, when you’re planning to move is the perfect time to revisit your insurance policies and make any updates that may be needed.
Protect Your Property While in Transit
Many people have no idea what their homeowners or renters insurance will or won’t cover during a move or if they even have the proper amount of coverage for their possessions.
Does your homeowners policy cover your possessions while they are being moved? Are your belongings covered if they are lost or stolen during your move? Does your policy cover your possessions not only when they are in your home but also outside your home? These are all questions you should ask your independent agent to better learn about your policy.
Update Your Contact Information
Many types of communications that insurers send out are delivered in writing by mail. This, depending on your location, can include important information like policy changes and cancellation notices. If you haven’t updated your contact information, you could find yourself under or uninsured without knowing it.
Even if you use an online account or app to manage your policies, you will still need to update your mailing address and other contact information.
Update Your Auto Insurance Information
Changes in driving habits that result from a move can affect auto insurance coverage and premiums.
A large part of what determines your auto insurance premiums are your driving habits. That is why you may have to answer questions like how much you drive each year, where you drive (city or highway) and how far you live from where you work.
Moving without updating your information could violate your responsibilities under your policy and leave you with without coverage.
Create or Update Your Inventory List
When moving, you are going to pack most everything you own. This makes it an ideal time to update your home inventory list or create one if you haven’t already.
Creating an inventory can help ensure that you have sufficient coverage to replace the things you own in the event something is lost, stolen, or damaged. Having an up-to-date inventory, complete with documentation such as sales receipts or sales contracts, could make processing a claim easier.
Complete an inventory and adjust your homeowners or renters insurance coverage accordingly. Don’t wait until catastrophe strikes to realize you are underinsured.
Insurance is a valuable investment in your security. With any major life change, including a move, it is prudent to review your coverage and update your information with your agent.
While in the midst of the moving chaos, your insurance coverage is probably one of the last things on your priority list. But, when you’re planning to move is the perfect time to revisit your insurance policies and make any updates that may be needed.
Protect Your Property While in Transit
Many people have no idea what their homeowners or renters insurance will or won’t cover during a move or if they even have the proper amount of coverage for their possessions.
Does your homeowners policy cover your possessions while they are being moved? Are your belongings covered if they are lost or stolen during your move? Does your policy cover your possessions not only when they are in your home but also outside your home? These are all questions you should ask your independent agent to better learn about your policy.
Update Your Contact Information
Many types of communications that insurers send out are delivered in writing by mail. This, depending on your location, can include important information like policy changes and cancellation notices. If you haven’t updated your contact information, you could find yourself under or uninsured without knowing it.
Even if you use an online account or app to manage your policies, you will still need to update your mailing address and other contact information.
Update Your Auto Insurance Information
Changes in driving habits that result from a move can affect auto insurance coverage and premiums.
A large part of what determines your auto insurance premiums are your driving habits. That is why you may have to answer questions like how much you drive each year, where you drive (city or highway) and how far you live from where you work.
Moving without updating your information could violate your responsibilities under your policy and leave you with without coverage.
Create or Update Your Inventory List
When moving, you are going to pack most everything you own. This makes it an ideal time to update your home inventory list or create one if you haven’t already.
Creating an inventory can help ensure that you have sufficient coverage to replace the things you own in the event something is lost, stolen, or damaged. Having an up-to-date inventory, complete with documentation such as sales receipts or sales contracts, could make processing a claim easier.
Complete an inventory and adjust your homeowners or renters insurance coverage accordingly. Don’t wait until catastrophe strikes to realize you are underinsured.
Insurance is a valuable investment in your security. With any major life change, including a move, it is prudent to review your coverage and update your information with your agent.
