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self moving insurance

Started by chen99
over 11 years ago
Posts: 17
Member since: Oct 2013
Discussion about
We plan to move into our co-op unit by ourselves (only 5 pieces of small pieces of furniture plus 40-50 small moving boxes). The management company (Wallack) is asking for to put their name, co-op as the certificate of our home insurance certificate and need to specify that the insurance covers moving. Is this a normal practice? Thanks.
Response by Aaron2
over 11 years ago
Posts: 1698
Member since: Mar 2012

It's normal that the co-op requires the moving company's insurer to name the co-op on the insurance insurance certificate for a move in or out. Since you will be the 'moving company', and you are insured by your policy, they would issue the certificate.

I would suggest that, given the hassle of arranging parking, service elevators, etc., it's not that normal that co-op purchasers move that much stuff themselves.

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Response by chen99
over 11 years ago
Posts: 17
Member since: Oct 2013

Wallack, the management company wants their name as the additional holder of the policy. A family member has commercial van, so i am not concerned about parking.

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Response by whitedesert
over 11 years ago
Posts: 19
Member since: Jan 2009

We had a moving company move the majority of our stuff and they provided insurance of course. We also moved some stuff ourselves and were told insurance was not necessary.

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Response by Aaron2
over 11 years ago
Posts: 1698
Member since: Mar 2012

If you are asking about whether it is normal for the management company to be named on the main policy as an 'additional insured', outside of specific move-in coverage, it's not that normal.

It *is* normal to have the co-op corporation listed as an 'additional insured'. On my policy, it shows as 'X Park Owners Corp, c/o Y Management Co.' (names changed to protect the innocent).

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Response by chen99
over 11 years ago
Posts: 17
Member since: Oct 2013

Thanks. We decided to hire professional with insurance.

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