You don’t want to find out your household possessions aren’t insured while they are on the road to their new destination. If something happens – that’s it, some or all of your possessions could be gone!

Many people forego the cost of insurance in their move, but the reality is that even the best and most experienced removalist companies acknowledge that there is a risk in moving furniture around in trucks – for both short and long distances.

While many removalist companies offer insurance for the move, it may not be sufficient to cover all the items you are transporting – you may wish to think about extra cover for valuable, expensive and delicate items. You should arrange and pay for your insurance before your move – this should possibly be done in consultation with your removalist company.

If you are packing and moving items yourself, you may discover your current household contents insurance policy is designed for low risk and does not cover transportation – especially by you! Remember, furniture was not designed to be transported by truck.

Remember the following key points when it comes to insurance of your household items:

  • If you’ve packed your items yourself, your removalist company will take no responsibility for any breakage or damage to them, unless you can prove that undue care was taken by the removalist.
  • Goods in transit insurance covers household items from when they leave one house and are installed in the new house. This type of insurance can be arranged by a removalist company.
  • It is up to you to see whether your house and contents insurance policy covers your household items while they are in transit or in storage. There is a high likelihood it will not. Consequently, you will need to arrange transit and storage insurance. These will probably incur separate premiums.
  • You will need to determine whether you require full or restricted cover. Full cover is more comprehensive but more expensive, while restrictive cover only looks at certain events.
  • Understand the difference between replacement cost and market value. Replacement cost covers the full current replacement value, while market value makes allowances for wear and tear – i.e. depreciation of an item.
  • As Australian Furniture Removers Association states, “it is important not to undervalue your goods, as the values stated by you are the maximum amounts that will be considered in the event of a claim.”
  • Remember, too, that insurance policies vary between companies. If you’re unclear about insurance, make sure you seek advice.