Moving a business can often be a daunting task. Whether you’re downsizing, moving to a larger office space, or just relocating to a space that better suits your needs, it is essential to have the right moving insurance to cover any issues that may arise during your move. Unfortunately, we can’t predict accidents, damages, or property loss during a significant move. However, having the correct moving insurance can give you peace of mind that your business is in good hands and you won’t have to deal with the financial headache of replacing your equipment.
CRS Moving & Storage has become a trusted name in corporate relocations throughout New York. Our commitment to providing stress-free, tailored moving solutions ensures that your business assets are handled with care from start to finish. From utilizing eco-friendly practices to offering fully insured services, we prioritize the safety and security of your valuable equipment every step of the way.
Why Does Your Business Need Moving Insurance?
Even with the most well-planned and organized move, there is always room for error. Items can be damaged, equipment can break, or essential documents can go missing.
Even the most professional and regarded moving companies can still have accidents during your relocation. Instead of covering the cost of damage to costly equipment yourself, moving insurance ensures that your items are properly insured and protected. For this reason, it’s essential to understand your moving insurance options to safeguard your business and its assets.
This is why CRS Moving & Storage’s team comes fully insured, meaning your move will be protected every step of the way.
What Are the Different Types of Moving Insurance Available?
Several types of moving insurance are available depending on the level of coverage and needs of your business. Here are three of the most common options on the market:
Released Value Protection
Released value protection is the most basic coverage you can get for your move. Most moving companies include this coverage in their quote at no additional cost. With this insurance, you are reimbursed $0.60 per pound for the items being relocated. If your business includes a lot of high-value items, there might be better choices for you.
Full Value Protection
Full value protection offers the most coverage but is typically the most expensive. Under these plans, your moving company must repair, replace, or reimburse you at current market value for any item damaged or lost during the move. Full value protection offers a higher level of peace of mind that you will be fully covered for any issues that may occur.
Third-Party Insurance
If you are moving valuable items and your moving company does not offer coverage that sufficiently protects your belongings, purchasing insurance from a third party might be the best choice for your business. This type of moving insurance can be specifically tailored to your company’s unique needs. In most cases, your moving company is still responsible for $0.60 per pound of the items in your move, while your third-party insurance company covers the remaining value of those items.
Your moving company can help you decide the best insurance plan for you and your business needs.
How to Assess Your Business’ Insurance Needs
Your business should consider a few key factors when determining what level of coverage is right for your move. These factors include:
- Value of assets: What is the total market value of the items you are relocating? Make a list of all items being moved and determine what high-value assets must be covered.
- Risk factors: Do you have any items more at risk of damage or breaking? Are any assets custom and require extra care and attention during your move?
- Distance of the move: Is this a long distance relocation that will require more time traveling? Longer distance moves open the door for more risk of issues occurring and might require more than the basic level of coverage.
Reach out to your local moving company to discuss your coverage options and how they can provide the best protection for your business.
How CRS Moving & Storage Can Help Safeguard Your Move
At CRS Moving & Storage, we understand the unique challenges businesses face during a relocation. Our insured services give you peace of mind, knowing that your business equipment is protected from start to finish. We also offer flexible insurance options, so no matter the size or value of your assets, we have coverage that fits your needs. Let us handle your move with the care and professionalism you deserve.
Ready to make your business move stress-free? Contact CRS Moving & Storage at (718) 424-6000 or fill out our contact form to get started.
