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Planning a move can be expensive, and many people underestimate the cost of making the transition. In addition to hiring movers, you may need to pay for storage, insurance, and other unexpected fees. Here are eight unexpected costs you may encounter when making a move.
Transporting your vehicles
Getting cars from point A to point B via car shipping companies like this one can be an unexpected expense for relocating families. As such, you should budget for this cost when making your plans. The cost of shipping a car will depend on the make and model of the vehicle and the distance it needs to travel.
Utility deposits
When you move to a new home, you'll need to set up utilities in your name. This process usually requires a deposit, anywhere from $100 to $300, depending on the utility company. Utilities can include anything from internet and cable to gas and electricity.
Packing supplies
If you're planning on packing up your belongings yourself, you'll need to purchase boxes and other packing supplies. You can buy these containers new or used, but either way, they'll add to the overall cost of your move. Packing supplies include boxes, packing paper, tape, and bubble wrap.
Forgetting memberships
When you move, you may have to cancel memberships to local organizations, like the gym or library. Make sure to factor these into your budget, so you're not surprised by any cancellation fees. Some of these fees might include an early termination fee or a prorated amount for the time remaining on your membership.
Pet boarding fees
If you have pets, you'll need to make arrangements for them during your move. This planning may include boarding fees or hiring a pet sitter. In addition, you should factor in the cost of any new pet supplies you may need when you settle into your new home.
Home security deposits
When you move into a new home, you may be required to pay a security deposit. This amount is typically equal to one month's rent and is used to cover any damages during your tenancy. Doing so can help you avoid any complications or fees down the road.
Moving insurance
Many people don't realize that their homeowner's insurance doesn't cover damages during a move. As a result, you may need to purchase moving insurance to protect your belongings. This type of insurance typically costs about $10 for every $1,000 coverage.
Unexpected hotel stays
If your move takes you farther than you anticipated, you may need to spend a night or two in a hotel. This break is especially true if you're moving with children or pets. Make sure to factor this cost into your budget, so you don't get caught off guard.
Parting shot
As you can see, several unexpected costs can come up when you're planning a move. By being aware of these potential expenses, you can ensure that you have the necessary funds to cover them. Doing so will help make your transition to your new home as smooth and stress-free as possible.
