Do You Need Insurance for Office Removals?

Blog / Do You Need Insurance for Office Removals?

Moving an entire office is more complicated than it sounds. After determining why you must relocate to a new office, you must now devote a great deal of time to developing a sound plan prior to the actual move. Every detail must be impeccable, the time must be precise, and each office supply must be accounted for. The entirety of your office’s operations could be jeopardised if even the most minor responsibilities are neglected. When shifting a workplace to a new location, a little peace of mind would greatly assist you and your team. If you desire a smooth transition into your office’s new place, be sure that you have insured your belongings immediately!

In this article, we will answer the question “Do you need insurance for office removals?” so you can provide coverage if any item in the moving process gets mishandled.

A quick overview of insurance for office removals

The office contents insurance provides limited coverage for moving-related property damage. However, you should be able to call your insurance agent to acquire additional coverage quickly and affordably for your workplace move. Exceptions exist, but you cannot expect office insurance to cover damage and loss caused by a transfer unless you pay for premium insurance. When the covered property is in transit, the general business owner’s insurance is typically limited to around 10 percent of the contents limit indicated on the owner’s policy. If you have questions about your insurance, you should always call your insurance agent.

To secure your belongings during an office relocation, you should check the contract you sign with the moving firm and get a policy that covers anything not covered by the value coverage. While very few plans cover every conceivable scenario, you should ensure that your belongings are covered during the packing phase of a move, during transit, and while they are being unpacked.

Choose a company that your colleagues and other industry professionals widely regard. Reviews are a helpful resource that can help you anticipate how an office relocation would go. A moving business that causes damages nearly usually has a dissatisfied customer because the customer was not adequately informed prior to the move. You have the option of selecting a firm that values your business and will provide a complete replacement for any damaged goods.

Is there insurance for office removals?

While every care is taken to ensure the safety and security of your belongings, there are circumstances beyond the control of the movers in which they cannot protect and safeguard them. Your belongings can be susceptible to harm or loss due to unavoidable and unforeseeable scenarios or occurrences. There is a risk and a requirement for protection and insurance. In the same way you insure your home, possessions, and vehicle, you are advised to obtain transportation, relocation, and storage insurance. 

Moving does not guarantee that your insurance will cover your worldly possessions, but obtaining appropriate insurance will ensure they remain protected during shipment and storage.Your moving firm may have multiple types of insurance. There are also personal policies that could cover your possessions. Here is a brief overview of each:

  • Complete Value Protection

Complete value protection is the most excellent level of value protection. All businesses do not offer it, but those that do provide coverage for damaged, lost, or stolen items. Complete value protection will also cover the cost of property repairs. However, as with the vast majority of insurance policies, coverage is minimum and deductible.

  • Assessed Value Security

This insurance covers precious objects like jewellery, expensive but lightweight home appliances, decorative pieces such as a chandelier, and antiquities. As the name suggests, assessed value protection involves an agent evaluating and determining the value of specific goods. The selected amount is the amount the protection will cover for a particular item. As with total value protection, not every moving company offers evaluated value protection.

  • Weight Declared Value Protection

A cash value per pound is allocated to the mover’s belongings, and the total weight determines the maximum amount an insurance policy will pay for damaged or lost items. Damages to various things are deducted from the total value, and any damages above the maximum amount are not covered.

  • Captures to Value Security

Variables change depending on each moving company’s contract. However, there are two primary circumstances where a moving company’s value protection will not apply.

  • Boxes that you have packed

Some moving firms may not insure items that you packed yourself. This is vital to note, as most insurance providers will not cover damage or loss if you pack your moving boxes. A professional mover must handle the boxes in order to certify damage to your products; otherwise, your claim may be denied. It is not commonplace for a corporation to require its employees to pack the item in order to receive valuation coverage for damaged, stolen, or lost property.

  • In-transit damage 

In-transit damage is a common exception to valuation coverage. Any damage that occurs between points A and B might not be covered.

It is crucial to recognise that when you choose better insurance, a mover’s bid will increase to cover costs — keep this in mind while requesting estimates.Removal businesses will also carry employers’ liability insurance in case of employee claims. Finally, they will have insurance for moving vans and trucks. It is reassuring to know that insurance coverage is in place, even if most policyholders never make a claim. Since you never know what could occur, it is essential to follow the rules.

What is valuation coverage? 

Under their “valuation coverage,” moving companies may provide multiple degrees of liability. Valuation coverage is the amount of damage your moving company will accept if your belongings are lost or destroyed during the transfer. Each level of responsibility determines how much you will be reimbursed if your belongings are lost or damaged while in the movers’ care. All of these liability solutions offer little protection. Note that valuation coverage is not an insurance policy. What the majority of individuals consider to be moving insurance is actually valuation coverage.

What is excluded from valuation coverage?

Knowing what isn’t covered is just as important as knowing what is. With value coverage, movers are not liable for the contents of boxes they did not pack. Unless the box displays considerable damage, it is unlikely that the contents of the box will be covered. Also excluded are natural calamities such as fire, hurricanes, tornadoes, windstorms, hail, etc. Additionally, you are not covered if objects are damaged during storage that the moving firm has no control over.

Options for third-party moving insurance

Additionally, there are insurance businesses that offer “relocation insurance.” These plans are comparable to lump sum and declared value coverage that the moving company may provide. Some individuals get their goods insured by a third party if the moving company they hire does not offer valuation coverage. You can also purchase total loss coverage, which will replace all of your possessions in the event of a disaster such as a fire, theft, truck accident, etc. Individual things are not covered, and this coverage only applies in the event of a total loss.

Helpful tips for safeguarding your move

  • Take photographs of your belongings prior to moving

It cannot be harmful, particularly if you have insurance. This way, if you need to file a claim, you may show photos of the item before and after it was damaged.

  • Pack with care

One of the activities you may do to restrict your mover’s responsibility is packing. When packing your belongings, utilise the appropriate boxes and packaging materials to ensure maximum security. Inform your movers which boxes contain perishable, risky, or toxic substances (this is where proper labelling comes in).

  • Notify your moving firm if you have items of exceptional worth

Communicate in writing about any valuables that need extra care and safety. This could contain heirlooms, artwork, antiques, jewellery, or any other precious collections.

  • Do not delay reporting loss and damage

You have nine months from the delivery date or the date the shipment should have been delivered to submit a claim in writing.

  • If you are moving inside your region, check the state’s insurance rules

Each region may have its own policies concerning intrastate relocations. If you are relocating to a new place within the same state, check with your state, county, or local consumer affairs office or moving company.

Bottom line

Time and money are essential office resources that must never be compromised in any way. Relocating a business to a new site is costly and time-consuming. There is no other way to transport all of your stuff without expending these resources. However, the dangers of missing or discovering damaged items will harm your business operations. Purchasing insurance can ensure that your office is not seriously damaged. When these occurrences occur, they will be financially covered by insurance. In exchange, you are only permitted to focus on the efficiency of your office.If you’re looking for professional office removalists in Perth, then Adlam Transport is the team you need! 

With more than two decades of experience, Adlam Transport provides removal and storage services throughout Australia. We offer local and interstate residential and commercial relocation services, project management, warehouse management, container storage, personal items storage, and local multi-drop furniture services. We also provide workers for inventory counts, on-site labourers, and permanent facility management personnel. We build long-term relationships with our clients, whether they are giant corporations, government agencies, small-to-medium business owners, or consumers, by focusing on solutions rather than issues. As one of only four prefered suppliers for office and general relocations by the State Government, we have a solid reputation in the local business sector.