Types of insurances when hiring a removal business in the UK. You get exhilarated when about to move your house. No doubt it is an exciting moment but at the same time, you get worried about moving tragedies. Unfortunately, if your belongings are damaged or scratched or lost then who will be responsible for this and how can you get payback for this.
When you are hiring a removal business you must know about its insurance policies.
Types of insurances you can get:
Most of the removal businesses are offering the following types of insurance:
- Public liability insurance
While working as a removal business, their employees may interact with the public in different ways. During their work they may unintentionally and unfortunately cause damages or accidents. Public risk insurance or public liability insurance deals with bodily injury, property damage, or death in such situations covering minor and major accidents that may occur.
- Personal injury
Within Public liability insurance the personal injury insurance specifically covers bodily injury, if somebody gets injured, the company will bear the expenses of treatment. It will help financially for buying medicines, the cost of visiting doctors and hiring equipment, etc.
- Property damage
Property is one of the most common things which can be damaged during a move. It is important to protect the properties on an individual level or business level. While moving if property damage occurs to the public it is covered as part of the public liability insurance. However if it happens to the client when they hire a moving company it may also be covered under the Transport of Goods insurance
- Transport of goods insurance
During the transportation of goods from one point to another if any damage occurs it should be covered under the transport of goods insurance, this is one of the most important insurances that a home move company should have as it will cover any property damage during the transit of goods.
- Furniture insurance
On the insurance market there is a form of insurance called furniture insurance which will cover the life time usage wear and tear of your furniture you should make sure that moving your furniture will not breach your insurance terms.
- Cargo insurance
Cargo insurance is a type of transport insurance including the process of loading the products which rely on the value, route, and expiry time of the products. It provides insurance coverage for all sorts of materials used in transportation; this type of insurance should be considered when you are moving items abroad outside of the UK.
- Land insurance
This type of insurance provides protection for liability against accidents which may happen on your land, it can include things such as slips and falls within the boundary of the land.
- Marine insurance
Although not typical insurance you may encounter, marine insurance is a must for ship owners, it will cover the vessel against damage to items onboard a vessel and liabilities where cargo goods are lost or damage. This type of insurance is usually mandatory for ship owners; however it is good to know how you will be covered if a leg of your journey requires a ship.