If you're planning on moving in the near future--whether you're moving across the city or across the country--it's important to make sure that your belongings are protected by some form of insurance. Specifically, you may want to look into the possibility of purchasing a moving insurance policy, which can provide you with reimbursement or replacement in the event that any of your possessions are damaged or destroyed. Before you buy a policy, though, there are some things you'll want to know.

You Might Already Be Covered

Believe it or not, you might already be covered, so be sure to check around before you go buying a moving insurance policy. Specifically, if you have an active auto insurance policy, renter's insurance policy, or homeowner's insurance policy, you may already have your belongings covered during the move. Check your policy paperwork or speak to your insurance agent to find out whether or not your coverage is adequate.

There Are Two Coverage Options

If you determine that purchasing moving insurance will be your best option, then you'll need to decide between the two types of coverage that most moving insurance companies offer. One option allows you to cover your belongings based on their weight, whereas the other goes by the total value of your belongings. Generally, total-value policies tend to cost a bit more, but they come with greater peace of mind in knowing that your possessions are covered to the fullest extent.

Your Mover Might Have Some Coverage...

Some people think that, because they're hiring a professional moving company to handle their belongings, that they don't need to purchase a separate moving insurance policy. While it is true that any reputable moving company these days should have some kind of coverage included with their services, the amount of coverage provided may not be enough and probably won't cover the total value of your belongings.

Using Estimates Could Hurt You

Finally, if you decide to purchase a moving insurance policy, you'll be given some paperwork to fill out. This paperwork will require you to provide information about your belongings, such as the total value of your possessions and/or the total weight. It's important to give the most accurate estimates possible here, as these are the figures that will be used in the event that you have a claim. If you under-estimate the weight of value of your belongings and there a total loss, you may not be reimbursed for everything.

Do an online search for long distance movers for more information.