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Moving

Insuring for the Move

 

Generally you can only insure up to $25,000 for personal property, and claims are valid only for major damages (fire, accident, etc.).  There are definite limits to coverage.  For example, if your grandmother's cut-glass bowl gets broken because you have to slam on the brakes, that's a packing problem not covered by most companies. 

The day you reserve a moving truck is a good time to review your homeowner's insurance policy to determine if it covers your possessions during a move. If it doesn't, you can usually buy cargo insurance through the truck-rental firm. Cargo insurance protects against accidental loss or damage to your possessions while in the rental truck. 

Whichever method you use to move, be sure to save receipts. If you are moving in conjunction with a job, and itemize on your tax returns, you can write off moving expenses at tax time.

Work with Team Advantage GMAC to Sell a Home

If you are thinking of selling a home, or want to talk with an expert Real Estate Agent with detailed knowledge of Edinburgh Indiana, Franklin Indiana, Greensburg Indiana, Hope Indiana, Nashville Indiana, North Vernon Indiana, Seymour Indiana and Columbus Indiana Real Estate, please feel free to contact us click here.   Simply call us at 812-372-GMAC(4622), or email us at info@teamadvantagegmac.com.  We’ll be glad to talk with you, and help you in all of your Real Estate needs.


 

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