Different removal companies offer different insurance policies with varying levels of cover so deciding which "goods in transit insurance" to choose can be confusing.

Nowadays moving companies are not allowed to sell insurance without a licence granted by the Financial Services Authority (FSA).

To counter this initiative some non-regulated moving companies are offering "Extended Liability" or "Standard Liability" as sufficient cover for your goods in transit. Extended and standard liability, however, are not recognised as insurance.

The difference between liability and Pickfords Replacement as New Insurance:

Claim against the insurer not the mover

Liability claims are made against the mover, who may decide not to accept liability and refuse to compensate you.
With Pickfords Replacement as New Insurance you sign a contract that entitles you to submit a claim directly against the insurer resulting in justified compensation.

Rights of recourse

Liability claimants have no right of recourse to the Insurance Ombudsman Service.
Pickfords Replacement as New Insurance is regulated by the FSA, which allows the claimant the right of recourse if they feel they have been missold insurance.

Comprehensive cover

If you choose liability cover you will have to prove negligence by the moving company in order to make a claim.
Pickfords insurance will provide you with compensation if your policy covers the loss or damage.

Goods replaced or repaired as new

Liability cover offers customers indemnity insurance. This means you will be compensated to the second-hand value of the goods. Your goods will not be replaced or repaired as new.
Pickfords Replacement as New insurance will compensate for, replace or repair any lost or damaged goods at the insurers option.

For further information about Pickfords Removals Insurance email us at insurance@inscentre.com or call us on 0208 219 8260.