Essence packers and movers in order to ensure complete safety of the goods, cover it under insurance to make up the losses during transition. Different types of insurance offered by the movers and packers company are Moving Insurance, Auto Insurance, Health Insurance, Life Insurance, Renter's Insurance, Home Owner's Insurance, Packing Insurance etc.
Transit Insurance :- The most common type of insurance cover offer by the company is the Transit Insurance which charges certain premium on the declared value. The compensation however is only made in the case of accident.
Comprehensive Insurance : - Under comprehensive insurance, compensation is paid for any damages except for scratches. If cover is required for glassware or other fragile items, additional premium has to be paid to the company.
Storage Insurance:- Generally, if the goods are stored in a warehouse for an extended period of time, a separate insurance is needed for this. This can be arranged through the storage facility of the mover's company or customer's own insurance company. Storage facilities generally charge a fixed amount for a particular amount of declared value, per month of storage. The rules about dangerous goods and items of extraordinary value apply here as well.
Documentation of insurance:- Insurance document covers all the details and are signed by the customer and the representative of the company. The documents contain all the details, terms and conditions clearly.