Wednesday, August 26, 2015

Three Types of Costs to Consider When Budgeting for Your Next Move

Are you planning a move in the not-too-distant future? You probably won’t feel comfortable until moving is done and you settle down in your new home. That’s why budgeting for your move is important to estimate how much it will cost you. While moving costs vary by state in the United States, you should always consider these cost factors when preparing your moving budget checklist:
  • Packing supplies cost: Whether you do packing yourself (DIY) or hire professional movers, you need to factor in the costs of packing supplies. For DIY packing, you might have to purchase packing supplies from the moving company or packing suppliers. In full-moving service, moving companies usually charge for providing packing supplies.
  • Insurance cost: Moving insurance coverage is essential for protecting your belongings from damage during the moving process. Insurance rates differ from one company to another and also depend on the weight of the items. Make sure you discuss moving insurance rates with your moving company before budgeting.
  • Storage cost: You might have to keep your possessions in storage units if moving takes longer than expected. Self-storage facility is a great option to store your belongings when you move. Storage unit rentals depend on the storage space and the location.
When you hire professional movers, these costs add up to the total moving cost, which also includes truck/trailer rentals and driver charges. Sometimes there are some hidden charges that increase the cost of your move such as long-carry fees and cost of extra packing materials (packing foam, bubble wrap, and tape). And don’t forget! The time of year you move and distance you’re moving will also affect your moving cost. Consult a moving company and do your calculations!


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