When you find yourself buried in boxes, unable to find anything, and no dishes to use for cooking, what does that equal? The joys of moving! Yes, moving – the thought of which makes most of us want to pull our hair out. It is certainly a process that is rather lengthy when you include the time it takes to pack everything, move, unpack, and then actually feel settled and able to find where things are located in that new residence including your renters insurance policy to see if there is coverage for the box of dishes that fell down the stairs.

While it could be seen as one way to get a head start on spring cleaning, it is more typical to end up moving everything – the good, the bad, and the unusable otherwise known as that odd wedding gift you never could throw out. There is so much to think about when moving – cancel utilities, set up new utilities at a new location, forward the mail – you have probably not wondered how moving can affect a Renters Insurance policy.

Policy Forms and Coverages

There are two Texas renters policy forms that are a variance of the homeowners insurance policies with different types of coverage and total dollar coverage limits. Be sure to confirm what your Texas Renters or Tenants Insurance Policy covers during a move. Since renters insurance policies cover personal possessions not fixed property assets, there is 30 days of coverage while moving personal effects to a new address. Promptly notify your insurance carrier of any new address to avoid any potential claims issues. Depending if the move is in or out of state, confirm that your provider can offer coverage at the new address.

Insurance companies may have restrictions in the same state as to renters insurance availability and rating. For example, Houston is an area where coverage availability varies because it is considered a high risk area due to the amount of damage caused by natural disasters such as hurricanes. Coverage may be found; however, be prepared to discover that a move could mean an increase in that renters insurance premium.

Move-Related Activity

Before moving, it is a good idea to do an inventory of the items in your home or update a current list before the move. Two types of renter or tenant insurance policies are available – Named Perils and All Risk – with a designated dollar limit of coverage that will influence the premium amount. That amount will be determined by how much personal property you want to insure at your rental property – and you might be surprised at how much you actually own and how much it could cost to replace personal items. Remember those broken dishes above? Personal property can get lost or broken; keeping an inventory makes filing a claim easier.

A good way to have an accurate inventory is by video-taping while walking through each room, filming all items and explaining what they are. At some point, putting the information on tape into a word document will probably be necessary; however, if pressed for time begin the process by filming. While taking inventory, you may realize that some items are irreplaceable or rather costly to replace. With renters insurance, you can often schedule items to be certain of coverage on the policy – or add a floater which provides additional coverage for valuables.

When it comes to the actual move – the movers, the truck, the cost of therapy to recover from the stress of a move – you definitely need to contact your insurance provider to see about extra coverage for the above things. Luckily, the experts at Jones and Associates are just a phone call away to answer all your questions about renters insurance. Don’t go through another move or address change without calling Jones & Associates to find out about how affordable and easy it is to get renters insurance in Bryan and College Station TX!

Call Jones & Associates at (979) 776-4740They Know Renters Insurance in Bryan and College Station!

Related Articles:

New Year and New Tenants – Is Your Rental Property Covered?
I Am Only A Renter – Why Do I Need Renters Insurance?