There are two main types of move insurance. The first is general move insurance, which protects your items from damages and loss during the move. It’s up to you whether you want to purchase this. First check with your business insurance provider to see if your existing policy covers items during the move and if not, find out if they can provide the service as an add-on to your policy. As well, the larger movers sell general move insurance, usually at market-rate and replacement values. Note that movers are required to provide a free low-level of this insurance, which is usually reimbursable usually at 60-cents per pound, which wouldn’t help you recoup much of the loss.
The other main type of move insurance is required by the buildings that you are moving in/out of and covers any damages to floors, walls and other areas that might occur during the move. Building management will have specific criteria for the liability insurance documentation, which is referred to as the Certificate of Insurance, or COI. This insurance is typically provided by the mover at no additional cost to you.