Claiming on your Moving Insurance

Claiming on your Moving Insurance

If you are deliberating on a need for insurance before you relocate, remember that no matter how careful you are in selecting a moving service, accidents can happen. Boxes can be dropped and will shift during transport, nothing will guarantee the safe arrival of your goods like a proper moving insurance. You cannot control how effective your moving company will be at reimbursing your claims but you could make sure you’re adequately covered should something happen.

When your items have arrived, pay extra attention to your decision making. Before you sign the inventory sheet, report the facts in detail on the original inventory sheet. If you notice damage after unpacking, a claim must be filed usually within nine months after delivery. It is best to report any complaints as soon as possible. The mover must acknowledge receipt of your claim within 30 days and issue a reply; a denial or an offer within 120 days of receipt of your claim.

Refer to the liability amount you declared on your shipment when making a claim or considering a settlement. For example, if the value declared on your shipment was $8,000 and the mover’s maximum liability is $5,000 then your claim for more than the liability amount will be declined. Make sure you’re adequately covered with a separate and independent third party moving insurance policy.

It’s good to know that most moving companies automatically provide “valuation” not insurance. Valuation is the negotiated and agreed upon limit of liability as stated on the moving contract and/or bill of lading. By default, this is part of the contract at no extra cost. In most cases, valuation has no relationship to the actual value of your goods as movers tend to undervalue your items for the benefit of their liabilities.

Guide to Moving Your Pets Overseas: Health Care Scare

Guide to Moving Your Pets Overseas Health Care Scare

Believe it or not! Moving your pet internationally requires the same diligence, financial resources and ability to absorb pressure as moving your ordinary household goods. And, it must be insured too! When moving pets internationally, it’s important to make sure that you are not only complying with the requirements for the country of import, but also for your country of export. In this guide we cover the basics of pet moving and offer advice on key things to consider before signing on the dotted line for the pet moving insurance plan… Continue reading

Several Ways to Obtain International Moving Insurance

Several Ways to Obtain International Moving Insurance

International moving insurance is also known as marine cargo insurance (particularly in America) and it covers physical damage to, or loss of your goods whilst in transit by land, sea and air. There isn’t a standardised international moving insurance available that is used by all companies, hence the need to research properly and understand the insurance jargon. There are various ways to secure insurance for your international move to America. Expats advise that you can go through your international moving company, directly from an insurance company of your choice, through a marine insurance broker or… Continue reading

Protect your Household Goods While Moving to USA

Protect your Household Goods While Moving to USA

Moving is the act of changing one’s dwelling or place of business. In the case of an international move – it means moving from one sovereign country to another. Like all moves, moving to America can suffer from the law of unintended consequences, described by social scientists as outcomes that were not anticipated such as your household goods getting lost while they are in transit to the US.

In this guide, we tackle the general principles of insurance thus ensuring it becomes key to your moving checklist. Understanding the intricacies… Continue reading

Different types of cost involved in corporate relocation

cost involved in corporate relocation

Corporate relocation process involves mainly two types of costs. They are fixed cost and variable cost. You can reduce variable cost but not fixed cost. Short relocation process tends to cost less. Cost incurred at the beginning and end of corporate relocation remains same for short and long corporate relocations. Length of relocation process has high impact on cost. Main fixed costs associated with corporate relocation are

1. Cultural Training: Company must give extensive training on culture of new country to avoid conflicts.
2. Language Training: You cannot avoid learning new language when you relocate to new country.
3. Accommodation: Company need to find out proper accommodation for all the transferee
4. Transfer allowances: All corporate companies usually pay reasonable amount as transfer allowances.
5. Spousal assistance: Company may need to assist employee’s spouse to find out a comfortable job.
6. Travel allowance: Usually corporate companies have to provide travel allowance of transferee.
7. Shipment of households: Company need to arrange for packing and moving of household goods.