Insurance coverage

Insurance coverage can shelter you from added expense when you move. With the right insurance, you'll be saved from the cost of replacing items that break during transport to your new home.

Here are some actions to consider: 

• Review your current insurance policies to see if you're already covered for a move
• If you're not covered, contact your insurance provider to learn about coverage possibilities
• Consider getting transit insurance, an insurance policy that covers your belongings during a move 

Transit insurance for valuable belongings alone could go a long way to providing peace of mind, but you can likely get a policy to cover all your things.

Home improvement and repairs

When moving to a new home, there may be tasks or projects that require attention. This could range from minor repairs to larger-scale renovations. If possible, plan for these expenses in your budget. Look into the condition of your new home and try to identify any areas that need improvement or repair.

If you think of your new home in terms of its big parts, it can help you thoroughly evaluate the overall condition of the place.

Below is one possible checklist:

• Painting
• Flooring
• Plumbing
• Electrical work
• Landscaping
• Walls
• Roofing

If you plan to hire professionals for repairs, do your best to get multiple quotes so you can compare prices. And earmark some funds for repairs that might evade initial inspections.

Update license and vehicle registration

If you're moving out of state, updating your driver's license and vehicle registration should be on your checklist. Each state has specific requirements and timelines for updating these documents. It's a good idea to familiarize yourself with the rules and regulations of your new state regarding driver's licenses and vehicle registration.

If you contact the appropriate state agencies responsible for driver's licenses and vehicle registrations, they can help you understand the necessary steps. These steps may include providing you with the required forms and information on any associated fees. Gather the necessary documentation, such as proof of residency, vehicle ownership and identification. If you plan ahead and allow sufficient time to complete these tasks, you should be able to handle all the details before the deadlines your new state observes.

Moving to a new home usually takes some budgeting. As you're putting your spending plan together, here are a few factors to keep in mind:

• Storage costs
• Insurance coverage
• Home improvements and repairs
• Professional services

Doing some research should keep these things affordable and efficient. By staying organized, tracking your expenses and referring to your moving budget checklist, you should be well prepared to navigate the financial aspects of your move.