Six essential tips for a smooth moving day
Anything can happen in the process of moving, so it’s important to be prepared for anything that could unexpectedly take place. To ensure your move remains as stress-free as possible, here are some tips to set yourself up for success.
Plan ahead and stay organized
Safety should always come first when it comes to moving and it starts with organization. Whether it’s while packing, moving or unpacking, it’s important to keep things orderly to reduce the risk of injury. Clearly labelling boxes and packing in phases can also help this process go smoothly. And while it’s always important to have pictures of valuables for record keeping, it’s even more critical when moving. This will help to identify valuables if they’re lost or damaged in the event of a claim. These items should also have appraisals as they could be needed in some cases to ensure proper settlement value.
Hire reputable movers
Heavy items such as sofas and dining tables should never be moved alone. If possible, hire a reputable moving company with positive reviews. It’s important that the movers are licensed and have their own commercial insurance. And it’s just as important that your clients have their contents insured, too. One of the things about small moving companies is that they will say (and might even believe) that they have the proper insurances, but often lack the basics, including workers’ compensation and liability, let alone cargo insurance. There’s nothing wrong with asking to see proof of insurance.
Update the insurance policy
Whether you’re upsizing or downsizing, it’s critical that your existing policy is updated to reflect their new address and needs.
If you’re selling your home, it’s important to keep insurance in place until the new owners take possession, as vacancy can create significant restrictions on water coverages – even if the insurer is aware of the vacancy. It’s advisable to turn the main water supply valve off if the dwelling will be unoccupied temporarily.
Clients who are renting should have tenant’s insurance in place to cover them for contents and liability. This will also ensure there is coverage while moving into their new home. Tenants insurance is valuable coverage, even when you don’t own a lot of valuable items, because it helps you build up insurance history. Also, many first-time tenants incorrectly assume the landlord provides coverage for them.
Know the risks
On moving day, some of the risk has to do with items not being handled properly or stored safely. The longer a move takes and the higher the number of places items are stored temporarily, there is potential for damage. It’s important to note that if you’re placing personal items in a storage facility, restrictions and limitations on coverage may apply in certain situations.
Moreover, if you are given access to the property prior to taking possession, and you store your personal belongings there, anything that’s stolen or damaged can cause you to be out of pocket if you don’t have a proper policy in place.
It’s never too early to talk about moving
Proactively discussing moving with your broker will ensure that you take the necessary actions to make your move safe and smooth. Being prepared is always a great antidote to a stressful situation – the more prepared you are, the easier the move will go.
Source: Insurance Bureau Canada