A client just sent out a mass email with the details of an upcoming move of their central office. I reminded them of some insurance issues in such a change.
First, there is the insurance on your stuff being moved from one location to the other. Movers usually only provide coverage of xx cents per pound and are almost always only responsible for damage caused by their negligence. Theft, lightning strikes, and an accident caused by another probably will not be reimbursed by the mover.
Look to your own insurance to cover your stuff while in transit. Call your agent and tell them you need to be sure your property is covered during the move.
Second, you need to add the new location to your property, liability, and workers' compensation insurance. Again, your agent can help with these endorsements.
First, there is the insurance on your stuff being moved from one location to the other. Movers usually only provide coverage of xx cents per pound and are almost always only responsible for damage caused by their negligence. Theft, lightning strikes, and an accident caused by another probably will not be reimbursed by the mover.
Look to your own insurance to cover your stuff while in transit. Call your agent and tell them you need to be sure your property is covered during the move.
Second, you need to add the new location to your property, liability, and workers' compensation insurance. Again, your agent can help with these endorsements.
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