| July 13, 2023

Do You Need Moving Insurance?


Moving is a huge project, even if you are just moving across the street. If you are hiring movers to help, that adds a whole new layer of complexity. Movers are professionals, but accidents can still happen. Getting insurance for moving will help protect you from high costs if the movers break your valued possessions.

While insurance helps everyone involved, it can be a hassle. Let’s look at the ins and outs of moving insurance. While you’re at it, check out this helpful article to get hot tips for making the best move possible.


blog image 1


Moving Insurance Coverage for Consumers

Let’s say you want to start in a fresh home. You decide that hiring a moving company will make your life easier. Moving insurance should be your top priority. Here are some basics to keep in mind as you consider your options:

Full Value Protection moving insurance is preferable.

Full Value Protection is the most expensive insurance, but it also fully protects your stuff. Expect to spend about 1-2% of the total value of your possessions if you pay for the insurance offered by the moving company. If you go with another insurance option, you may spend about $1.25 per pound. But keep in mind that prices vary depending on the company you use.

If any of your property is lost, damaged, or even completely destroyed, your mover is responsible for the full cost of that property. They will repair, replace, or pay you back for the items in question.

Remember to list special items that are extra valuable. These count as “extraordinary value” and won’t be covered unless you specifically write them down for the movers to be aware.

Released Value Protection costs nothing but comes with risks.

If you are looking to lower your moving insurance costs, Released Value Protection insurance costs zero dollars. However, the movers are only responsible for a fraction of the cost of any damaged items. They may only pay you 60 cents per pound. So if your antique sofa loses its legs in the move, you will only get a small amount of money to make up for it.

Keep in mind that you must specifically sign up for Released Value Protection. If you don’t choose a particular type of relocation insurance, the moving company may automatically put you under Full Value Protection—thus charging you more.


blog image 1


Does Renter’s Insurance Cover Moving?

It might! Before paying money to hire a moving company, make sure to read the fine print of your renter’s insurance policy. It will specify if and how it covers costs for damages to your property. If you are moving on your own, your renter’s insurance might protect you more fully. Hiring a moving company will mean you are putting your possessions into someone else’s hands, which may not be covered by your renter’s insurance.

Confused About Moving Insurance? LegalShield Can Help Clear It Up.

For anyone looking to hire help, moving company insurance is crucial. Figuring out what kind of insurance policies are best for you can get complicated. But a LegalShield Membership can help with that.

For a low fee that automatically renews every month, you can access an entire LegalShield provider law firm. You’ll get unlimited consultation on personal legal matters from your LegalShield provider law firm; review for paperwork; help with phone calls and letters; 24/7 emergency access for covered issues; a 25% discount off other legal problems; and assistance with many more legal needs.

LegalShield gives you the peace of mind you deserve as you make the best decisions possible about moving company insurance.


Pre-Paid Legal Services, Inc. (“PPLSI”) provides access to legal services offered by a network of provider law firms to PPLSI members through membership-based participation. Neither PPLSI nor its officers, employees or sales associates directly or indirectly provide legal services, representation, or advice. The information available in this blog is meant to provide general information and is not intended to provide legal advice, render an opinion, or provide any specific recommendations. The blog post is not a substitute for competent legal counsel from a licensed professional lawyer in the state or province where your legal issues exist, and the reader is strongly encouraged to seek legal counsel for your specific legal matter. Information contained in the blog may be provided by authors who could be a third-party paid contributor. All information by authors is accepted in good faith, however, PPLSI makes no representation or warranty of any kind, express or implied, regarding the accuracy, adequacy, validity, reliability, availability, or completeness of such information.

Get the Power of Legal Protection

Modal Associate Startup Plan
Associate Start Up

LegalShield offers motivated individuals a unique program designed to deliver their dreams. Join our community and its mission to empower and protect by providing affordable legal access for all. Start your own part-time business, and take control of your future.

  • 1 month of LegalShield Advantage state of the art marketing tools
  • In-depth live training classes taught by LegalShield’s best of the best
  • Exclusive sales tools to build and manage your business on-the-go
  • A community of like-minded entrepreneurs to help you exceed your goals
Are you registering as an individual or a business?
Requirements for businesses.

Have you or someone who may write business under this Associate Agreement ever been convicted of a felony, had a professional license revoked or have unresolved pending arrests and/or charges?
See our requirements for associates.
Modal Business Builder Plan 2021

Comprehensive identity theft protection and credit monitoring.


Start your own part-time business, and take control of your future.

$49.00 one-time fee
Modal Commercial Drivers Legal Plan

Provides representation and support for a multitude of commercial driving issues to help keep you protected and on the road.

  • Covers member & spouse
  • Traffic Accident Representation
  • Moving Violations Defense
Choose a Plan:

Tragic accident representation, license reinstatement, moving violations, DOT and non-moving violations, property damage collection, personal injury collection.

Modal IdShield Plan
IDShield Plan

Offering comprehensive identity theft monitoring and identity restoration services.

Choose a Plan:

TransUnion, Experian, and Equifax credit monitoring that covers you, your spouse or domestic partner and up to 10 dependent children.


Transunion credit monitoring that covers you, your spouse or domestic partner and up to 10 dependent children.

TransUnion, Experian, and Equifax credit monitoring that covers one individual.

Transunion credit monitoring that covers one individual.

Modal IDShield Business Plan

IDShield Business Essentials

Protects up to 6 URLs and/or public IP addresses


IDShield Business Plus

Protects up to 12 URLs and/or public IP addresses

Modal Legalshield Plan
Licecnse Associate Required

Associate Name
Associate phone number.
Associate's city
Modal Small Business Plan NEW

Small Business Legal Essentials

In-state phone consultation, 10 phone calls or letters and 10 document reviews a year, 5 collection notices a month, 3 half-hour consultative calls, and a 25% discount on trademarking, contract drafting, and more.

Small Business Legal Plus

Unlimited interstate phone consultation, 20 phone calls or letters and 20 document reviews a year, 10 collection notices per month, 5 half hour consultative calls, 25 hours IRS assistance, one trademarking filing per year and more.

Small Business Legal Pro

Unlimited interstate phone consultation, 40 phone calls or letters and 40 document reviews a year, 15 collection notices per month, 5 half hour consultative calls, 50 hours IRS assistance, one trademarking filing per year and more.
Small Business Supplements:
Is this a publicly traded or non-profit company?
This plan does not cover publicly traded companies. Please call 1-855-387-6320 for more information