Insurance coverage is a must while sending household goods. In-spite of the best packing and safe transportation, factors beyond our control like accidents, fire, sabotage, riots etc can result in damages to the goods. Hence we repeat "Insurance is a must". 

The commonly known insurance is the "Transit Insurance" where the premium comes to 1.2% on declared value. Here the compensation towards damages/loses are paid only if the vehicle meets with an accident.. Hence if there is no accident to the vehicle no claim for compensation can be made.