Are you moving to a new address? You need a professional moving company to help you in the move. You will find a lot of these companies around you. All of them will claim to be the most competent in terms of service.
However, you need to pick the one from them that is most cost-effective, and at the same time, competent and experienced. Above all, they need to be covered by insurance. This guarantees that you do not have to bear any financial burden in case of any mishap during the move. This is where we at Richards Gold Coast Removals make the difference.
Before you put your money on any mover, you need to know certain things about moving insurance norms in Australia. This will make things easier for you to apprehend before the move.
Who in Australia provides moving insurance?
In Australia, moving insurance is provided by:
- Providers of traditional content insurance
- Qualified moving companies
- Specialist Moving Insurers
There are a number of home content insurance policies, which insure assets during the transit. However, they do so, only when you appoint a professional moving company. This, itself says why it is so important for you to hire qualified professionals like us!
This varies from one policy to the other, with the same insurance company offering packages as value addition or optional packages. At times, the package is complimentary, and at times, it is not!!!
When it comes to a DIY move, most insurance companies will not cover it, while some will provide only a certain extent of coverage.
What is the paperwork that a moving insurance policy should include?
Typically, every local removalist in Gold Coast that is qualified to offer insurance is entitled to provide Product Disclosure Statement (PDS), Financial Services Guide (FSG) and related documents in the name of the client before the move.
Why do you need to hire qualified removalists?
Removalists that are entitled to sell off financial products are eligible to offer insurance coverage as part of their package. Most importantly, there are specialist insurance professionals who are dedicated to offering moving coverage.
What does an ideal moving insurance policy coverage include?
As per the words of Joe Lapino, the Executive Director of Australian Furniture Removers Association (AFRA), moving insurance must include public liability insurance along with motor vehicle insurance, third-party property, and carriers’ legal liability insurance. All of these come in handy if there are any claims made by the clients, because of any negligence in the part of a removalist during the move.
Some points you MUST keep in mind before you move!
Not every removal companies are eligible to advise and arrange for insurance coverage, protection or indemnity. Only movers in Australia holding Australian Financial Services (AFS) or those registered licensee representatives are eligible to do so.
Every removalist business offering financial advice or financial services MUST have to be a holder of an AFS licence. These companies are also registered with the Australian Securities and Investments Commission (ASIC).
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