Although it is rare, we have occasionally come across cases where our clients have forgotten to make arrangements to adjust their insurance cover during and after a commercial or domestic removal.
We can’t really give specific advice here because a lot will depend upon your individual circumstances but it’s important to keep a few of the following basic points in mind:
- Any insurance cover you have on your household or office possessions may cease to be valid the moment you move them out of the address the insurance company holds as your main place of domicile or business. The moral of the tale is – don’t tell your insurance provider after the event that you have moved. Instead give them plenty of advance warning once you’ve agreed a date with your furniture mover.
- Any buildings’ insurance you have might similarly become invalid if your property stands unoccupied for more than a specified period of time. That could be an issue in situations where you have moved your goods into storage but continued to own your house (e.g. during a temporary business relocation). In those situations, you should enquire about unoccupied property cover.
- Your domestic or commercial insurance premiums may go up or down as a result of your move. That will be largely to do with the area risks that your insurance provider associates with your new postcode as opposed to the old one.
- If your removal is causing you to think about insurance in one way or another, don’t forget to review whether or not you have declared individual items of high value. Some insurance providers may have exclusions for things such as jewellery or electronic equipment that is above a specific value per individual item. A household or commercial removal is a good time to have an overall review!
Don’t forget to call us if you’d like further advice on any other aspect of removal insurance.