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.
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.
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.
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.
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).
Thanks. We decided to hire professional with insurance.