Buying Insurance: How to Cover Your Next Move

Moving insurance -- it's a factor many don't consider while they're in the process of moving. Whether you're moving across town or across state lines, countless scenarios could occur that endanger your move -- from movers breaking your personal possessions during packing or unpacking to other unforeseen circumstances.

Gretchen Peters was living in Queens when she and her boyfriend decided to move in together. "I was only moving a short distance," she says. "I didn't even think about getting moving insurance. But my boyfriend got the insurance as part of the moving company's agreement when he helped me make arrangements."

While some may think the added expense of moving insurance is unnecessary, Peters will tell you otherwise -- especially as she witnessed her movers become part of a traffic accident.