Protecting a business owner’s financial assets is an essential investment for a moving company and help met by business insurance. Ideally, movers should also have insurance coverage for moving companies, general liability insurance, and other policies that are suitable for this business. InsureWise can help movers get the right coverage for your business.
Movers General Liability Insurance
Regardless of industry, all businesses should have insurance coverage, movers are no exception. General liability insurance typically includes protection from risk of bodily injury, property damage, medical payments, legal defense and judgment, as well as personal and advertising injury.
Types of Insurance for Moving Companies
Additional moving company coverage can offer you protection against other forms of risks. Extra coverage ideal for movers includes options listed below.
Commercial Auto Insurance: Since all vehicles on the road are expected to be insured, your commercial moving vehicles will need to be covered regardless, by customizing moving related vehicles, you can be prepared for risks that are likely.
Commercial Property Insurance: Garage and/or expensive equipment, commercial property insurance is in order if your moving company owns an office. Buildings and items that are stored in them, such as equipment and inventory are protected with these policies.
Workers’ Compensation Insurance: If your moving company employs workers, workers’ compensation insurance is needed. Employees are at risk for when they’re loading and unloading heavy items are protected since workers’ compensation covers on-the-job injuries. Including those who are hired only part-time and/or for a short duration, make sure this coverage is in place for all of your company’s employees.
Commercial Umbrella Insurance is also a good idea for movers to supplemental liability protection for large claims.
To find the best mover insurance coverage to meet your needs, call InsureWise and let us help you stay protected.