General liability insurance covers third-party risks for a moving company, such as a customer who trips over a rolling platform and suffering bodily injury. It's often required for a commercial lease. That's why all moving companies need general liability insurance. General liability insurance protects moving companies from third-party claims for bodily injury, property damage, and personal and advertising injuries. Some states grant direct licenses to moving companies, including background check requirements, passing exams, and providing regulatory knowledge about the industry.
In addition, you may also run the risk of having to reimburse damage caused to expensive pots or works of art that your workers have accidentally damaged, which can be financially detrimental to an uninsured moving company. Professional liability insurance, also called errors and omissions insurance, covers claims for negligence or non-performance of promised services. Insureon's authorized insurance agents will help you find the right policies for your moving company, whether you're working independently, hiring employees, or complying with a road transport contract. For example, if a moving company is straining its back while carrying a heavy object, this policy ensures that it receives adequate care without placing a financial burden on its company.
In the dynamic world of household moving companies, every asset transfer involves unique challenges and risks. Critical areas of insurance needed by moving companies anywhere in the United States include cargo coverage, motor liability and workers' compensation. We recommend Atlas Insurance to any company looking for an experienced, quality insurance agent. By applying for an insurance certificate from a moving company, you'll know what to expect during the transaction. Moving companies assume risks that are often exclusions from basic coverage, such as protecting a customer's belongings that are in your care, custody or control.
It's easy to get business insurance and bonds for moving companies if you have your company information handy. IAT TransGuard understands the specific needs of the household moving industry and has been offering customized insurance solutions for decades to protect your company, your employees and your customers. Protecting your moving company with the right insurance coverage isn't just a smart business decision, it's essential for long-term success. Automotive liability for moving companies works in a similar way to what you're likely to carry with you for your personal driving needs.
Licensing professional moving companies does not require the creation of a bond in all areas of the United States.
