International Moving Insurance

Why You Need an International Removal Insurance

Imagine your belongings are en route to your new destination, but an unexpected heavy rainstorm strikes, either during transit or upon arrival at the port. The result? Your books, clothes, and electronics are completely soaked, with irreparable damage.

This is where insurance becomes essential. Whether it’s due to weather conditions, unforeseen delays, theft, or even customs disputes, you won’t have to face any additional costs and may even be compensated for the loss.

Types of Insurance for International Moves

Depending on what you’re moving, your budget and your necessities, you can opt to hire different options:

Goods Insurance

Moving companies can offer you different liability coverages depending on the value of your items, budget, and risk you’re willing to take:

• Full Value Protection (FVP): Most comprehensive coverage. If you have expensive or fragile possessions, in case of any damage or loss, you’ll be reimbursed their full value.
• Declared Value Protection (DVP): Your items are covered up to the value you declare. It´s a middle ground that gives some protection without paying for the full coverage.
• Released Value Protection (RVP): Basic option, proving minimal liability coverage. Based on a per-pound rate, you would be reimbursed for those items that aren’t irreplaceable or valuable.

If you require storage after your move, you can choose storage insurance to safeguard your belongings while they are in storage.

Third-Party Moving Insurance

Instead of a moving company, you can pick an independent insurance company that offers protection against risks that moving companies may not contemplate. It acts as additional coverage for your household goods during the moving process.

They can fill coverage gaps, depending on the level of coverage you established with the movers. These policies are typically more flexible and customizable, covering risks like theft or accidental damage that are often excluded from standard moving insurance.

Moving Car Insurance

As the name indicates, this coverage is designed to protect your vehicle during transportation. It covers risks like damage, theft, or accidents during shipping.

Moving companies may offer basic liability coverage, which wouldn’t fully cover costs such as repair or replacement, especially for high-valued cars.

Moving Internationally: What Type of Moving Insurance Is Best?

The best moving insurance would depend on your situation:

• Full Value Protection is ideal for high-value or fragile items, providing comprehensive coverage for full reimbursement.
• Declared Value Protection offers a balanced option, covering your items up to the value you declare.
• Released Value Protection is perfect for lower-value items and those on a budget, offering basic coverage with some risk.
• Third-party Moving Insurance provides extra peace of mind with personalized coverage tailored to your needs

International Moving Insurance Cost

The value of your belongings, the destination country, and the level of coverage you choose are some main factors that can modify your final cost. However, in general:

Note: These are estimates; the final cost depends on your needs and circumstances.

Finding the right international moving insurance is key to protecting your belongings. Consider the value of your items and your budget and decide from all the options moving companies (and third parties) can offer you.

Getting quotes from different movers can also help you compare prices and insurance services they offer. Fill out the form below to get started!