When you are moving to a different country, your goods are not always under the supervision of one entity and therefore it is recommended to purchase an umbrella insurance coverage.
Insurance is optional but recommended for your shipment. There are several insurance options with different coverages. Ask your moving consultant what is best for you.
There are 2 types of insurance:
1. Total Loss: Relatively low cost and only insures against total loss of your shipment. This option is extremally limited to what it covers and is typically not recommended.
2. All Risk: Higher cost and only available when the mover packs for you. This is a more comprehensive insurance that also includes coverage of damage to your goods. We always recommend this type of insurance.
Note that there is usually a deductible in the insurance policy. Consult with your moving coordinator for more information.
Note – If you choose not to insure your shipment, your shipment will not be covered for any loss or damage. In addition, you may be subject to charges under marine law, in the event that damage accrued to the shipping vessel.
This is called “General Average”.
Valued Inventory: You should prepare a list of your goods with their value.