Relocation is not a cheap affair. To help you be adequately prepared, here are some extra expenses you need to include in your moving budget.
Extra expenses you need to include in your moving budget
No matter if you’re moving locally or to another state, one of the first things to do is create a moving budget. By doing this, you’re making sure that you’ll be able to afford every part of your move. Some expenses are obvious, like hiring a moving company. However, some costs are not that apparent. For this reason, check out these extra expenses you need to include in your moving budget.
It’s not hard to realize that you’ll need boxes and packing materials to move your belongings to a new location. However, what you don’t realize is that you might have to pay for these supplies, even if you had hired a moving company. When comparing the moving quotes of different companies, be absolutely sure that you understand what these costs include. Otherwise, you’ll need to spend a bit extra on packing supplies. And it adds up, especially with packing material for the protection of fragile items. Remember that you can save money on packing supplies and always buy a bit more than it seems necessary. You might need some additional supplies, like hand trucks, furniture covers, and similar. If your moving company doesn’t provide them, make sure to get them before the big day.
All kinds of fees
You might think that after you go to amplemoving.com and book your move, you’re done with paying fees. Well, not really, but you’ve only paid for a quality moving service. Unfortunately, there are other fees you need to remember. If you’re using a real estate agent to help you find a new home, there are fees to pay. Also, to close a deal on a new home or submit an application for an apartment, there are fees to pay, too.
Know that some of the providers charge cancellation fees if you’re not transferring the services. On the other hand, there are also connection and installation fees to set up utilities in your new home. These could go from $10 or $20 to a couple of hundreds of dollars. To be clear, you should ask the providers about these charges ahead. If your payment history is satisfactory, ask if there’s an option of waiving these fees.
Cost of replacing or repairing items
In an ideal world, you wouldn’t have to worry about your items getting lost or broken. However, even with proper packing, this could happen. While this is not something anyone wants to think about, it would be good to plan for it. For this reason, depending on the items you’re transporting and the distance, it would be smart to considering purchasing insurance.
Moving insurance is a way to protect your possessions during relocation adequately. In case you’re using the services of a moving company, they’re liable for the items. However, it’s crucial that you fully understand the type of coverage and if you need to pay any additional charges. Most moving companies offer basic valuation coverage, limiting the movers’ liability to 60 cents per pound, per item. It basically means that for an expensive 40-pound electronic device, you would get no more than $24. It’s clear that you need to read more about the moving insurance options, check out top-tier options, or separate insurance plans. In these cases, you will be able to get a full, or at least a higher value. However, these options will cost you extra. The good news is that you can also check your homeowner’s insurance or renter’s insurance if you have it. Just check your policy if your insurance covers your move.
Deposits are an integral part of your budget when moving. If you’re renting, you’ll need to pay a security deposit. In case you’re bringing your pet to your new home, know that some apartment complexes ask for a pet deposit as well. Even some utilities have deposit requirements. There’s even a deposit when buying a home, so, as you can see, it’s hard to avoid paying for it.
Tolls and parking
It’s not unusual that people who decide to move by themselves forget that they need to account for tolls and parking fees in the budget. First of all, when moving, there’s a good chance you’ll be driving on a road that you’re no so familiar with. That’s why you need to check if your route requires you to pay any tolls so that you can include them in your budget accordingly. Also, don’t forget about the parking fees, not only at your new home but also along the route.
Food and lodging expenses
Unless you’re moving locally, you need to include the food and lodging expenses in your budget. Other than hotel charges, you’ll need to have meals or snacks along the way. If you’ve hired movers, you’ll probably need to pay for a plane ticket to get to your new location. Also, there’s a chance you’ll need to eat out, in case your utilities haven’t been set up just yet.
Setting up a new home
Making your new house a home is also not cheap. There might be some renovations you’ll need to do, so it’s good to know these remodeling tips, as they can help you save money. You might still need a thing or two in your new home, such as a lamp, a new shelf, or even a piece of furniture. And you’ll also need to restock your fridge and buy new cleaning supplies.
What else to include in your moving budget
As you can see, there definitely are some extra expenses you need to include in your moving budget. Unfortunately, there’s more – you need to incorporate the price changes as well. With coupons, offers, and discounts, these changes could work for you. However, if you’re moving to an entirely new area, you might find that some price changes are working against you. Just keep that in mind when creating your budget, and don’t let anything surprise you.
Jennifer O’Neal has been a part of the moving industry for eight years. With the experience of working for different moving companies for five years, her articles offer a deep insight with useful tips on how to handle the relocation.