You should know how to calculate the moving insurance rates because the purpose of moving insurance coverage is essential when you shift your things. To protect goods from many transportation risks such as stealing, burning, major disaster loss, and so on, the moving company in Hyderabad helps you with the moving insurance. The rate is determined with the stated worth of the items in transportation as well as the level of threat the insurer is willing to take during transportations. Here are the calculations:
When you opt for transit coverage, the premium would be 1.5 % of the stated value plus taxation. When you opt for all-inclusive insurance, your insurance cost would be 3% of the stated value plus taxation.