Most consumers don’t know they put their personal belongings at risk when moving.
While homeowners and renters policies cover the items at home, insurers will not pay for damages when the property is being packed, in transit, being handled by movers or while in storage facilities.
“Depending on your agreement, professional movers provide some protections for your belongings,” the Insurance Information Institute (Triple-I) says. “It's a good idea to consult your insurance professional about your current policy, make sure your coverage is sufficient for your move and understand your options.”
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