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Posted by PeterL on June 23, 2008, 12:35 pm
> I'm moving to another state in a few days. The moving company's price
> includes insurance worth $0.60/lb against breakage/loss. Higher levels
> of insurance are optional and are at additional cost.
>
> The moving company says that my homeowner's insurance probably has a
> clause to cover any loss, but I checked with my insurance company and
> was told that goods in transit between homes are not covered for
> breakage/loss thru them.
>
> I don't have anything of great individual value (ie - jewelry, antiques,
> etc) that will go on the moving truck.
>
> My question is: Should I stay with the basic insurance offered by the
> mover ($0.60/lb), or should I pay for optional insurance with higher
> coverage?
>
> My concern is whether additional insurance thru the mover would be a
> waste of money, as I'm not sure how easily it would be to collect on a
> claim anyway.
>
> Also, is it typical for homeowner's policy to not cover damage to
> goods-in-transit?
>
> Thanks!
>
Well it depends on what you are moving. Like you said, you are not
putting your Piccaso collection on the truck. So how much would it
take to replace that ugly desk that they may break?
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