Types of Moving Insurance for Your Move to Alaska

If you’re planning on moving to Alaska, you probably have a lot of things on your mind, and let’s face it, it can be stressful! One thing you may need to consider is moving insurance so that you can rest assured your items are protected en route to your new home. Moving insurance generally covers any damage to your belongings that occurs during transit or potentially during storage, depending on which type of moving insurance you choose. Even if you elect to work with a dependable and reputable company such as Golden North Van Lines, moving insurance offers peace of mind during what many regard as the most stressful thing a person can do.

Full-Value Protection

This isn’t technically insurance in the same way as an insurance company provides it, but instead, full-value protection is offered by the moving company itself and covers your belongings while they are under the care of the moving company. If something is damaged, the moving company would repair or replace the item in question. Moving companies are required to offer this protection when they provide a quote to you.

Released Value Protection

Under the terms of released value protection, a moving company would be required to pay for damaged items in accordance with an equation: $0.60 per pound, per article for lost or damaged items. This is a lower-cost option as far as moving insurance goes, though it may not provide full replacement value. If you are moving to Alaska with expensive items, this may not be the right choice for you.

Third-Party Moving Insurance

This is full-fledged insurance provided by a registered insurance company. Going this route may be more or less expensive depending on the type of coverage you’re seeking, but it is provided separately from the moving company. Some homeowner’s insurance policies may already cover moving insurance, so be sure to check your existing policy before getting quotes!

Moving to Alaska? Call Golden North Van Lines!

Moving to Alaska is an exciting endeavor, and Golden North Van Lines aims to make it as peaceful and stress-free as possible. We want you to know about the different types of moving insurance to give you additional peace of mind, but you can be sure that while your possessions are in our hands, we treat them as our own with care and respect. To start your move, fill out our contact form or call us to speak to a professional mover.