What Insurance Do You Need When You Move

Q: We’re getting ready to move. Do we need insurance? Gail, Bayonne, NJ

A: Landlords may require you have insurance when you move into or out of their property. It’s worth considering moving insurance when you move, even if you have homeowners or renters insurance because those policies often don’t cover your belongings during the moving process or while your stuff is in transit. Moving insurance can give you additional protection against loss or damage during packing, loading, unloading, and while in transit.

If you have an existing insurance policy, you should review your homeowners or renters insurance policy to see what coverage you already have. Then get and compare quotes from different moving insurance providers to find the best coverage and price for your needs. For additional protection, you should take photos, video and create an inventory of all your stuff. Document the condition of your belongings before it’s packed to help you with a possible claim down the road. Thanks for your question, Gail.

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