In a perfect world, whether you\u2019re moving just a few miles from Mississauga to another part of the Greater Toronto Area (GTA) or from Ontario all the way to Florida, you wouldn\u2019t need moving insurance. Your belongings would always be perfectly packed, and they would always arrive on time and in the same condition as when they left your old home.<\/p>\n
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When you hire a qualified professional moving company that you can trust, you\u2019ll know that you\u2019re putting your belongings in good hands. You\u2019ll have the option to employ their packing services, performed by experts who know how to keep your items safe and how to pack them in the most efficient way possible.<\/p>\n
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You\u2019ll also be able to walk through your home with them, pointing out particularly valuable and\/or fragile items. You\u2019ll be informed on your move\u2019s progress as your belongings make it to your new home, and you\u2019ll feel completely comfortable and in control the whole time. All that said, accidents do happen, and even the best packing, preparation, and moving services can\u2019t always prevent them.<\/p>\n
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First of all, whether you purchase insurance or not, you should be provided with valuation. You and your mover will agree on a predetermined liability limit should any accidents or damage occur during your move. This will be included in your moving contract at no extra cost to you, though it is not necessarily based on the value of your possessions. Valuation and\/or cost of insurance for your move are determined in one of three ways:<\/p>\n
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Declared Value \u2013 In this case, the overall value of your possessions is determined by multiplying the total weight of the load you\u2019re moving by a certain dollar amount. For example, your valuation might be $1.25 per pound. If everything you\u2019re moving weighs 20,000 pounds, your total valuation will be $25,000. Liability will be determined based on devaluation of any damaged materials during the move.<\/p>\n
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Lump Sum Value (or Assessed Value) \u2013 This is a good option if your household items are not very heavy but are of great value. In this case, you\u2019ll evaluate how much you believe your belongings to be worth, and you can purchase insurance at a predetermined rate per $1000 of value. You\u2019ll need to make sure that this is declared in your moving contract if you choose this option.<\/p>\n
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Full Value Protection \u2013 With this type of plan, you\u2019ll pay a certain amount of insurance money to ensure that all lost, damaged, or destroyed items are repaired or replaced.<\/p>\n
With the right moving company, people moving to or from Mississauga or anywhere else in Ontario can rest assured that their possessions will arrive on time and unharmed. That said, even with the best moving services in the world, we have to admit that moving can be hard on your belongings and that accidents do happen that are completely outside of your movers\u2019 control. Moving insurance is always a good idea, and with this information on the different types of valuations, you\u2019ll be able to choose the best insurance type and the best level of coverage for you.<\/p>\n","protected":false},"excerpt":{"rendered":"