From industry experience at least 10% of all transits generate claims above the policy excess level.
This is especially so for goods shipped internationally, but unfortunately applies to local New Zealand movements as well.
The majority of claims occur from goods being damaged through poor packaging, handling and storage.
Even reputable international removal firms are not immune from causing damage. In the past 5 years, an ezimove
customer experienced a total loss for which the full sum insured of NZ$250,000 was paid out. Another claim payment represented around 85% of the total sum insured.
These figures demonstrate why individuals, families and businesses need moving insurance for their household goods or general cargo in transit, to protect them from perils that accompany anything being moved to another location.
Can you afford not to insure with figures like these?