Relocation companies provide insurance facilities to customers as a way to insure their household goods, furniture, home appliances and other valuable goods against any damage while the goods are in transit. These moving companies usually offer all inclusive insurance which basically means that the company itself is guaranteeing against any damage that may occur while packing, loading, transporting or unloading.
This means that the assurance is between the customer and the packing company that is handling the move. Insurance companies aren’t involved as far as the customer is concerned but to protect customer assets, there is a type of insurance which is comes to be known as transit insurance. The facility of Transit Insurance is offered by general insurance companies. Transit insurance facility is offered by insurers and the safety net costs nearly half of the entire inclusive insurance. The downside here is that the insurance protects customers only from goods damaged in transport and that’s a drawback.
Moving insurance is essential especially when it’s a long haul shift. But even in today’s world, there are people who have never heard of moving insurance and in the end things get messy. There have been situations too wherein a customer may have paid for moving insurance at one point of time but when the time came to make a claim for damages incurred while shifting, they realise that there is no valid insurance for those particular goods. And nothing can be done hence.
Moving insurance is an important element to protect a customer’s goods if it’s in the process of transporting the goods. Accidents may happen due to human error but if fortunately your goods are insured, you can ask the insurance provider for compensation charges in regards to the damaged goods. When it’s time for you to relocate with movers and packers, make sure that your goods are insured and do not forget to read the fine-print along with the terms and conditions.
Various insurance plans offered by movers and packers in India -
1. Transit insurance
2. All inclusive insurance
3. Transit insurance for moving
Transit insurance basically protects and covers your goods against damage during transit. As a customer, you can directly buy transit insurance if you’re moving your household goods from general insurance companies. Most times, the movers and packers themselves can help you obtain transit insurance for your goods.
All inclusive moving insurance
All inclusive moving insurance covers damages during the entirety of the packing and shifting process. So say there’s damage caused due to human error while loading or unloading or during transportation, you can fully avail the insurance against those goods.
Inclusive Insurance is offered by most mover and packer companies which is why you have to be very sure about the credibility of the company.
It’s wise to be a little cautious while choosing the type of insurance for your goods and checking the fine print before going for the All Inclusive Moving Insurance from your choice of movers and packers.
Different companies have different terms and understanding them well in advance is for your benefit. In a number of cases, customers may not be able to claim insurance. For example, Employee dishonesty, unprofessional packing, infestation or mishandling are some of the factors effecting your goods, the insurance might not cover damages to goods; so please check terms and condition before making claims. Above all, never allow the relocation company to transport the goods unless the transit insurance is in effect.
Is transit insurance really important?
Transit insurance is a life saver when your moving is a bit down on luck. No relocation service provider intentionally damages your goods and it in their best interest to serve you the best and nothing but the best. But you never know how situations might change which is why buying transit insurance for your goods is highly recommended.
One of the key players in the arena of specialized relocation services is Interem Relocations. INTEREM RELOCATIONS – The International Removals Division of Freight Systems, a part of the FSL Group; is amongst the first few Multinational companies to have ventured into the Removals business to India in the year 1997 from Mumbai and quickly spread its wings to the other major metros like Gurgaon, Bangalore, Chennai, Hyderabad, Pune, Kolkata, Ahmedabad and Coimbatore and to more than 170 countries worldwide with the help of its own offices as well as the Group Partner Program (GPP) which also makes it one of the fastest growing relocation companies in the region.
With over 96% claim free operations, Interem is cut above the rest when it comes to handling your relocation requirements with professional quality and level of service. It’s India operations alone have relocated household goods for more than 50,000 transferees since its inception in 1997. Today the division can pride themselves of continuing relationships with more than 200+ Multinational and Blue Chip companies in India. Thanks to Interem Relocations, relocating has never been so seamless.