Weighing protection against cost
Some people would rather not hand their belongings to someone else, regardless of the cost comparison. That's a legitimate reason to do a PPM/DITY move on its own. It's still worth reading Estimate Your Costs and Possible Surplus so you go in with real numbers either way — prioritizing protection over cost might mean a more careful (and more expensive) form of transit, all-new packaging and specialized containers, or hiring skilled packers for the hardest items.
What your insurance actually covers (and doesn't)
Don't assume your homeowner's or renter's policy covers a move — get the actual answer in writing from your insurer. Coverage varies a lot by carrier and policy, so ask specifically: does off-premises/personal-property coverage apply during a move; is transit covered, or only storage; does it cover accidental handling damage (a dropped box, a scuffed dresser) or only named perils like fire and theft; are self-packed items covered the same as professionally packed ones; what's the deductible and the per-item or total dollar cap; and are there geographic restrictions? A renter's or homeowner's policy, a rental-vehicle damage waiver, and any valuation the mover offers are different types of coverage — one can apply while another doesn't.
If you're hiring a covered interstate mover, understand valuation before you sign. Released-value liability (often the default, free option) pays a set amount per pound per article regardless of the item's actual worth — it is not the same as an insurance policy. Full-value protection costs more but covers repair, replacement, or a cash settlement closer to actual value. Ask which one applies and get the deductible and excluded-contents list in writing.
Separately, check with your auto insurer and credit card issuer whether coverage extends to a rental truck. Many auto policies and most credit-card rental protections exclude larger rental trucks. If neither applies, the rental company's own damage/cargo waiver may be the only real coverage on the table for that vehicle — get the actual terms before you decide to decline it.
Helpful Hints
- Keep an eye on the bottom line even when profit isn't the goal. A carefully executed PPM can still cost more than it pays out, especially once you factor in specialized packaging or hired help — know that going in rather than being surprised by it.
- Starting early is one of the best ways to increase the safety and security of your belongings. A rushed move gets done sloppily. Taking the time to pack well ahead of time pays off on moving day.
- Even if you're not after profit, keep receipts for all expenses to reduce your taxable income from the move — without receipts, you'll be taxed on the full reimbursement amount. Contact your finance office for details.