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Does Geico renters insurance cover moving?
I’m moving to a new apartment soon and I’m looking over renters insurance information. I have a renters policy with Geico, and they said they’ll be able to transfer my policy to my new address. Will my Geico renters insurance also cover the actual moving process?
Payton Ternus · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
Congratulations on your new apartment, moving into a new space is exciting!
When it comes to moving,
renters insurance
can help in a few ways. Your Geico renters policy will cover your belongings while you are in the process of moving up to a certain amount. Renters insurance generally covers your property up to ten percent of your personal property coverage amount while it is not in your residential home.Some renters policies may only extend theft-only coverage while your property is away from home, so double-check with your insurance company to see what you’re covered for. It’s also recommended to purchase insurance with your moving company if you use one for your move. Also, keep in mind that renters insurance will not reimburse you for any moving expenses.
Moving can be expensive, but
Jerry
makes it easier than ever to save on your renters insurance. Download the app and you’ll get competitive quotes in less than a minute. You can save even more money by bundling your renters insurance with an auto policy!View full answer
- Gregory R.
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