You landed the Home of your dreams. Time to move!

moving-icon

It’s hard to trust your belongings to someone else when you’re Moving. To simply hand over your items in a moving truck and hope it gets there safely is too much to handle; it’s all you have. Everyone has heard one time or another about how movers have lost or stolen items. Moving insurance makes sure your items stay with you from your old home to the new one in the same condition.

Poor service and unreliable movers are the main reasons why items are missing or stolen. Avoid both of these hurdles through research. Look at the Better Business Bureau for complaints. Read reviews online and listen to loved ones for their opinions. On the company’s website read their testimonials and contact them about references. Learn about hidden fees and extra charges. Know the company inside and out before doing business with them to avoid surprises.

Moving insurance protects your belongings by covering damages, lost items and stolen items. It covers moves from one side to the other side of town, city to city, state to state, and country to country. There is a plan that works for you and your budget. The two plans available are full replacement and released value. Full replacement plans offer complete coverage for everything you own. The moving company is responsible for covering the liability up to the full value. Read the contract if you choose this option. It’s more expensive to buy, the deductible may not be what you expect, and it may not cover extremely expensive items. Released value is the cheaper option. They pay sixty cents per pound of total belongings. Some liability comes from the mover, but the majority of liability comes from the customers. Moving companies naturally add this basic insurance in moving expenses. However, it’s only added by request.

Both versions of insurance coverage are written in a contract, so look at it carefully before signing. Movers are not responsible for damages happening to the inside of boxes. The only way they’re responsible is if the box is damaged itself. If you want them to be responsible for the boxes, let them pack the belongings for you. Remember though that it will cost extra money to let movers pack and move your stuff.

If you move yourself anything that happens to furniture and personal belongings are your responsibility. The only way to get moving insurance is to hire a professional moving company or talk to an insurance company who handles this type of insurance.

Nicholas Despoteris

Licensed in CT – RI

860.889.3811 x54321

Fax: 1.888.510.6866

Nicholas.Despoteris@libertymutual.com

 

Home Buying Tips: Homeowner’s Insurance

homeowners-insurance

After looking at so many beautiful homes you have narrowed down the choice to a few. One way to narrow down the list is to get a homeowners insurance quote. It is possible to learn how much homeowners insurance will cost before buying the home. Start shopping around for quotes well before closing the deal. Lots of lenders require homeowners insurance as part of the loan. It would be wise to have one around the time you choose the home of your dreams.

Gather insurance quotes over the phone or online. Either method will come with extensive, specific and thorough questions about your new home. Factors influencing how low or high the quote will be are the following:
• The age of the home
• Location
• Electrical, heating and plumbing systems
• How disaster-proof it is
• The fire department (how close it is and the quality of it)

Have a local agent to help you with some of the questions. A local agent can also help with home insurance features and make recommendations for any budget. Brian O’Connor from “Paradiso Insurance” says ” Getting the right type of insurance for your home is crucial. You do not want to over or under insure your home, and proper guidance is key” Brian can be reached at 860-805-7001 for all your insurance needs.

Home insurance policies should offer a replacement cost to fix damages to the home. There should be a clause saying that they will cover it even it costs more than the policy. Watch out for ones that will not cover more than the policy. Avoid policies with an actual cash value because depreciation is a factor in giving you less than you deserve. It should cover damages too your belongings. Use the add-on or rider part of the policy to increase the value (because it only covers damage to the home) to cover the cost. Personal liability insurance is included. Insurances should also cover theft, break-ins, vandalism and storm damage. Don’t assume because you can’t read the mumbo-jumbo in the policy that everything is covered. There are some things home insurances won’t cover. Let the agent guide you through these shark-infested insurance waters to the best insurance for the home.

Make homeowners insurance a deciding factor in home buying. These home buying tips are helping you to be one step closer into owning your own home. Contact us for more information.

Listing information is deemed reliable, but not guaranteed. This IDX solution is (c) Diverse Solutions 2013.
Each Keller Williams Realty office is independently owned and operated