June 1, 2017 - 5 Unexpected Moving Costs to Watch Out For
5 Moving Costs You May Not Have Planned For
If you’ve moved before, you know that no matter how organized you are and how much you plan ahead, unexpected costs pop up along the way, leaving you paying more for your move than you originally budgeted for. Here are 5 hidden costs to be aware of when moving.
1. Insurance
You’ve budgeted for the cost of the moving truck, but did you account for the cost of insurance? Some auto insurance companies offer coverage that protects you in the event of an accident while driving a rental vehicle. Companies that rent moving trucks offer more extensive insurance, but at a price. You’ll typically have your choice of anything ranging from basic coverage for the truck and cargo to medical, life, and supplemental liability insurance—the more coverage, the higher the cost.
2. Move Out Damages
Whether you’re moving out of a house you own or a place you rent, you are responsible for any damages incurred upon move out. A rental company may keep a portion of your security deposit, while a homebuyer may ask for money for repairs or a discount on the purchase price of the home.
3. Everything You Don’t Want to Move
Packing up everything you own is difficult, and working with limited space means you’ll likely get rid of a few things you’d rather not move, like food storage, cleaning supplies, and other replaceable items. Don’t forget to account for the cost of replacing these items when you arrive at your new home to avoid going over budget on your first trip to the grocery store post-move.
4. Utilities
Moving means transferring utilities to your new address. Even if you’re staying within your current service area, you’ll be charged a service transfer fee, while moving to a completely new area means paying a service start up fee. Understanding the fees will prevent you from being blindsided by an extra large bill.
5. There’s Always Something
Whether it’s a misplaced item, something that breaks, storage fees, or unexpected delays, it’s a good idea to budget extra money to accommodate anything that may come up. As a rule of thumb, it’s a good idea to maintain the mindset that anything that can go wrong will go wrong.
Plan for the Worst
As with anything, it’s wise to plan for the worst and hope for the best when preparing for your move. Although you likely won’t encounter all of these expenses, set aside some money so you’re prepared just in case.
Although hiring movers may seem costly up front, a moving company in Utah can actually save you money in the long run. Contact Redman Van and let us help make your move as smooth as possible.
