When planning a move, most people focus on logistics — packing boxes, scheduling movers, and organizing their new apartment. However, one critical factor often gets overlooked: moving insurance.
Whether you’re relocating within Plano or across Texas, knowing how different apartment movers handle insurance can save you from unexpected financial loss if something goes wrong.
At The Move Place, we believe in transparency and protection. This guide explains how insurance coverage differs among Plano moving companies — and how to choose the best option for your belongings and peace of mind.
1. Why Insurance Matters When Moving Apartments
Even with professional movers, accidents can happen. Boxes may shift in the truck, elevators might be narrow, or bad weather could delay delivery. That’s why understanding your insurance coverage is so important.
Moving insurance ensures that:
- You’re financially protected if items are damaged or lost.
- Movers are held accountable for handling your belongings carefully.
- You can move with confidence, knowing that potential risks are covered.
Fact: Texas law requires licensed movers to provide basic liability coverage. However, not all movers offer the same level of protection — and that’s where the differences begin.
2. The Three Main Types of Moving Insurance
Apartment movers in Plano typically provide three levels of insurance coverage, each with its own terms, costs, and protection limits.
A. Basic Liability Coverage (Released Value Protection)
This is the default coverage included by all licensed movers in Plano. It comes at no additional cost, but offers limited protection.
- Coverage is based on weight, not the item’s actual value.
- Federal and Texas moving regulations require a minimum of $0.60 per pound per item.
Example:
If your 50-pound TV worth $600 is damaged, you’ll receive only $30 in compensation (50 × $0.60).
Best For:
- Local moves with inexpensive items
- Minimal-risk moves (short distances, sturdy furniture)
Limitations:
- No coverage for sentimental or high-value items.
- Reimbursement is extremely limited.
At The Move Place:
We include this coverage automatically but recommend higher protection for valuable or fragile belongings.
B. Full Value Protection (FVP)
Full Value Protection offers comprehensive coverage and is the most popular upgrade among Plano customers.
- Movers are responsible for repairing, replacing, or reimbursing any lost or damaged item.
- Coverage is based on the declared value of your shipment (usually a percentage of your total move value).
- It provides full replacement cost protection, minus any deductible.
Example:
If your $600 TV breaks, the mover must replace it or pay you the full replacement value.
Best For:
- Customers moving high-end furniture or electronics
- Those who want peace of mind knowing everything is fully covered
Limitations:
- Comes with an additional cost (typically 1–2% of declared shipment value).
- Requires detailed inventory documentation.
The Move Place Advantage:
We provide clear, written Full Value Protection plans, customized for your apartment size and move scope — no hidden fees or confusing fine print.
C. Third-Party Insurance
Some customers prefer to purchase additional protection through a third-party insurer.
This type of insurance provides:
- Coverage for risks outside the mover’s control (e.g., road accidents, weather damage, theft).
- Flexibility to insure specific high-value items like art, antiques, or musical instruments.
- Higher claim limits and broader protection terms.
Providers:
Popular third-party insurers include Baker International, MovingInsurance.com, and Relocation Insurance Group.
Best For:
- Long-distance or interstate moves
- Customers with expensive or fragile household items
3. Comparing Movers: How Insurance Options Differ
Not every Plano moving company handles insurance the same way. Here’s how they typically differ:
| Feature | Basic Movers (Low-Cost) | Premium Local Movers (e.g., The Move Place) |
| Included Coverage | Basic Liability Only | Basic + Full Value Option |
| Claim Process | Lengthy / Complicated | Simple, direct with local support |
| Policy Transparency | Often unclear | Detailed written agreement |
| Third-Party Support | Rare | Available upon request |
| Customer Communication | Limited | Personalized guidance |
Insight:
Many low-cost movers keep quotes low by providing only the minimum legal coverage. In contrast, The Move Place prioritizes clarity — explaining every protection option before your move begins.
4. Homeowners and Renters Insurance Extensions
You may already have some coverage for moving through your homeowners or renters insurance policy.
What It May Cover:
- Theft or damage during transit (if included under “personal property off-premises”).
- Temporary storage or short-term coverage during relocation.
Tip:
Contact your insurer before your move and ask:
- Does my policy cover items during a professional move?
- Are there any exclusions for distance or location?
- Can I add a temporary rider for additional protection?
Combining your existing policy with Full Value Protection ensures complete coverage for every stage of your move.
5. Storage Coverage: Don’t Forget About Short-Term Risks
If your belongings will be stored before or after moving, you’ll need storage insurance.
Storage Protection Covers:
- Fire or smoke damage
- Water or humidity exposure
- Theft or vandalism
- Pests or mold
The Move Place offers climate-controlled, secure storage options with built-in insurance coverage for total peace of mind.
6. Filing a Claim: What to Expect
If damage or loss occurs during your move, here’s how to handle the claims process efficiently:
- Inspect belongings immediately upon delivery.
- Take photos of any visible damage.
- List each affected item and keep receipts or appraisals.
- Submit your claim within the required timeframe (typically 30 days).
- Stay in touch with the mover or insurer until resolved.
The Move Place Guarantee:
We make claims simple. Our goal is to resolve any issues within days, not weeks, ensuring that every customer remains satisfied even in the rare event of a mishap.
7. How to Choose the Right Insurance Option for You
Your ideal insurance plan depends on several factors:
| Factor | Best Coverage Type |
| Short local move, low-value items | Basic Liability |
| Expensive electronics or furniture | Full Value Protection |
| Cross-state relocation | Third-Party Coverage |
| Storage involved | Full Value + Storage Insurance |
| Existing home policy | Supplemental Rider or Partial FVP |
Expert Tip:
Always ask your mover to explain the difference between valuation and insurance — they’re not the same thing. Valuation determines liability, while insurance provides real financial protection.
8. The Move Place: Transparent Coverage, Trusted Protection
At The Move Place, we know how valuable your belongings are — both financially and emotionally. That’s why we:
Offer basic and full value protection on every move.
Provide clear written explanations of coverage options before your move.
Help you integrate third-party or homeowner insurance seamlessly.
Support fast and fair claims resolutions.
We believe trust begins with transparency, and that’s why Plano residents consistently rate us among the top movers for service reliability and peace of mind.
Conclusion: Move Confidently with The Right Coverage
So, how do insurance options differ among apartment movers in Plano, TX?
Some movers provide only basic coverage, while others — like The Move Place — offer a full range of protection designed to fit your needs and budget.
Before your next apartment move, make sure you understand your insurance choices. A few minutes of preparation can protect your belongings and make your moving experience stress-free.
Call or Text (469) 777-6683 today for a transparent quote and expert guidance on choosing the right moving insurance for your Plano apartment move.
Contact Information
Address: 2661 Midway Rd Suite 200 – Office 18, Carrollton, TX 75006
Phone/Text: (469) 777-6683
Email: info@themoveplace.com
Hours: Sunday–Saturday, 7 AM–7 PM
Online Booking: Open 24/7
