Should I buy moving insurance?

Your homeowners or renters insurance policy may or may not protect your belongings if they get lost or damaged during a move. If you’re moving valuable items, or if you’re moving a great distance, it could be a good idea to invest in moving insurance.

Interstate movers are required to offer you full value protection and released value protection to help reimburse you in case of damage or loss. If you’re moving within your state, check with your state’s consumer affairs agency to see if your state has rules and requirements regarding moving insurance and valuation coverage.