Moving business insurance costs vary across coverage types, helping you plan your budget effectively. MoneyGeek's analysis shows monthly premiums range from $82 for professional liability to $261 for workers' compensation coverage.
How Much Does Moving Business Insurance Cost?
Moving business insurance rates can be as low as $82 per month, though your specific business details and coverage needs will determine your actual rate.
Discover cheap moving business insurance below.
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Updated: August 19, 2025
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Key Takeaways
Moving business insurance costs range from $82 to $261 monthly, depending on your coverage type.
Your moving insurance premiums depend on location, claims history, property types serviced and employee count.
Shop multiple insurers, bundle policies, increase deductibles and pay annually to find affordable moving business insurance costs.
Average Moving Business Insurance Cost Overall
| BOP | $183 |
| General Liability | $125 |
| Professional Liability (E&O) | $82 |
| Workers' Comp | $261 |
How did we determine these rates?
These rates are for small businesses with two employees across 79 major industries or business types and focus on four coverage types: general liability, professional liability/E&O, workers' comp and business owner's policy. Survey results reflect limited sample data and may not represent all available rates in your area.
Moving Business Insurance Cost for General Liability Coverage by State
Your moving business general liability coverage costs depend on location. Maine offers the most savings at $108 monthly (versus the $125 national average), while Louisiana costs $145 monthly.
| Alabama | $122 |
| Alaska | $119 |
| Arizona | $118 |
| Arkansas | $120 |
| California | $139 |
| Colorado | $124 |
| Connecticut | $135 |
| Delaware | $134 |
| Florida | $135 |
| Georgia | $127 |
| Hawaii | $138 |
| Idaho | $118 |
| Illinois | $137 |
| Indiana | $122 |
| Iowa | $119 |
| Kansas | $121 |
| Kentucky | $116 |
| Louisiana | $145 |
| Maine | $108 |
| Maryland | $119 |
| Massachusetts | $131 |
| Michigan | $118 |
| Minnesota | $117 |
| Mississippi | $125 |
| Missouri | $123 |
| Montana | $124 |
| Nebraska | $118 |
| Nevada | $141 |
| New Hampshire | $124 |
| New Jersey | $141 |
| New Mexico | $125 |
| New York | $145 |
| North Carolina | $108 |
| North Dakota | $108 |
| Ohio | $116 |
| Oklahoma | $121 |
| Oregon | $116 |
| Pennsylvania | $144 |
| Rhode Island | $137 |
| South Carolina | $128 |
| South Dakota | $117 |
| Tennessee | $122 |
| Texas | $126 |
| Utah | $119 |
| Vermont | $120 |
| Virginia | $114 |
| Washington | $142 |
| West Virginia | $131 |
| Wisconsin | $122 |
| Wyoming | $115 |
How did we determine these rates?
These rates are for small businesses with two employees across 79 major industries or business types and focus solely on general liability policies. Survey results reflect limited sample data and may not represent all available rates in your area.
Moving Business Insurance Cost for Workers’ Compensation Coverage by State
Your Moving business cost for workers' compensation varies by state. North Carolina offers the lowest rates at $225 monthly and New York the highest at $302 monthly. Our analysis reveals how state regulations and claim histories create these differences.
| Alabama | $256 |
| Alaska | $238 |
| Arizona | $247 |
| Arkansas | $251 |
| California | $289 |
| Colorado | $260 |
| Connecticut | $281 |
| Delaware | $281 |
| Florida | $282 |
| Georgia | $266 |
| Hawaii | $276 |
| Idaho | $247 |
| Illinois | $284 |
| Indiana | $255 |
| Iowa | $247 |
| Kansas | $254 |
| Kentucky | $246 |
| Louisiana | $299 |
| Maine | $229 |
| Maryland | $249 |
| Massachusetts | $276 |
| Michigan | $249 |
| Minnesota | $246 |
| Mississippi | $262 |
| Missouri | $257 |
| Montana | $257 |
| Nebraska | $248 |
| Nevada | $300 |
| New Hampshire | $259 |
| New Jersey | $297 |
| New Mexico | $262 |
| New York | $302 |
| North Carolina | $225 |
| Oklahoma | $244 |
| Oregon | $241 |
| Pennsylvania | $300 |
| Rhode Island | $285 |
| South Carolina | $269 |
| South Dakota | $243 |
| Tennessee | $255 |
| Texas | $262 |
| Utah | $250 |
| Vermont | $254 |
| Virginia | $236 |
| West Virginia | $271 |
| Wisconsin | $257 |
How did we determine these rates?
These rates are for small businesses with two employees across 79 major industries or business types and focus solely on workers’ comp policies. Workers' compensation requirements vary by state and are mandated by state regulations. Survey results reflect limited sample data and may not represent all available rates in your area.
Moving Business Insurance Cost for Professional Liability Coverage by State
Like other types of coverage, your Moving business cost for professional liability varies by state. While the national average is $82 monthly, North Carolina offers the lowest rates at $70 for E&O insurance, and Washington charges the highest at $96 monthly.
| Alabama | $82 |
| Alaska | $76 |
| Arizona | $78 |
| Arkansas | $80 |
| California | $93 |
| Colorado | $81 |
| Connecticut | $89 |
| Delaware | $88 |
| Florida | $88 |
| Georgia | $83 |
| Hawaii | $85 |
| Idaho | $78 |
| Illinois | $91 |
| Indiana | $79 |
| Iowa | $78 |
| Kansas | $79 |
| Kentucky | $77 |
| Louisiana | $91 |
| Maine | $71 |
| Maryland | $78 |
| Massachusetts | $86 |
| Michigan | $77 |
| Minnesota | $78 |
| Mississippi | $83 |
| Missouri | $81 |
| Montana | $82 |
| Nebraska | $78 |
| Nevada | $92 |
| New Hampshire | $81 |
| New Jersey | $91 |
| New Mexico | $82 |
| New York | $94 |
| North Carolina | $70 |
| North Dakota | $71 |
| Ohio | $75 |
| Oklahoma | $76 |
| Oregon | $76 |
| Pennsylvania | $92 |
| Rhode Island | $89 |
| South Carolina | $85 |
| South Dakota | $76 |
| Tennessee | $80 |
| Texas | $82 |
| Utah | $76 |
| Vermont | $78 |
| Virginia | $74 |
| Washington | $96 |
| West Virginia | $86 |
| Wisconsin | $81 |
| Wyoming | $75 |
How did we determine these rates?
These rates are for small businesses with two employees across 79 major industries or business types and focus solely on professional liability policies. Survey results reflect limited sample data and may not represent all available rates in your area.
Moving Business Insurance Cost for BOP Coverage by State
Business owner's policy rates vary widely by state for moving companies. Monthly premiums range from $157 in North Carolina to $214 in New York.
| Alabama | $178 |
| Alaska | $175 |
| Arizona | $174 |
| Arkansas | $174 |
| California | $205 |
| Colorado | $184 |
| Connecticut | $198 |
| Delaware | $193 |
| Florida | $196 |
| Georgia | $185 |
| Hawaii | $205 |
| Idaho | $173 |
| Illinois | $200 |
| Indiana | $178 |
| Iowa | $171 |
| Kansas | $178 |
| Kentucky | $165 |
| Louisiana | $214 |
| Maine | $160 |
| Maryland | $174 |
| Massachusetts | $193 |
| Michigan | $172 |
| Minnesota | $171 |
| Mississippi | $184 |
| Missouri | $181 |
| Montana | $182 |
| Nebraska | $172 |
| Nevada | $211 |
| New Hampshire | $178 |
| New Jersey | $207 |
| New Mexico | $183 |
| New York | $214 |
| North Carolina | $157 |
| North Dakota | $160 |
| Ohio | $170 |
| Oklahoma | $180 |
| Oregon | $170 |
| Pennsylvania | $211 |
| Rhode Island | $196 |
| South Carolina | $187 |
| South Dakota | $172 |
| Tennessee | $178 |
| Texas | $181 |
| Utah | $174 |
| Vermont | $173 |
| Virginia | $164 |
| Washington | $211 |
| West Virginia | $195 |
| Wisconsin | $175 |
| Wyoming | $172 |
How did we determine these rates?
These rates are for small businesses with two employees across 79 major industries or business types and focus solely on BOP coverage. Survey results reflect limited sample data and may not represent all available rates in your area.
Factors Affecting Moving Business Insurance Cost
Your moving business insurance cost depends on multiple variables that insurers evaluate when setting your premiums. Knowing what drives these costs helps you budget more effectively.
Geographic location
Your business location affects workers' compensation rates due to local regulations and claim frequencies. Operating in areas with severe weather or high theft rates increases your risk profile, and state differences create substantial premium variations.
Safety record and claims history
Previous claims impact future premiums, sometimes for three to five years. A single slip-and-fall lawsuit can substantially increase your general liability rates at renewal.
Types of properties serviced
Moving high-value items or working in specialized locations like medical facilities or government buildings carries higher liability risks than standard residential moves. Commercial relocations often require additional coverage due to expensive equipment and sensitive materials.
Employee count and payroll
Insurers calculate workers' comp premiums based on your total payroll and job classifications. Adding employees increases your payroll costs, directly impacting your workers' compensation premiums since insurers calculate your rates per dollar of wages paid.
Services offered
Long-distance moving, storage services, and specialty item handling each carry unique risks. A company offering only local residential moves faces lower premiums than one handling interstate commercial relocations and valuable art transport.
Business size and revenue
Higher annual revenue typically means higher premiums since insurers view larger operations as having greater exposure to claims. A small moving company earning $200,000 annually pays less than a large operation with $2 million in revenue.
Coverage limits
Higher coverage limits provide better protection but cost more monthly. Choosing between different coverage amounts directly affects your premium, with higher limits increasing costs proportionally.
Equipment and vehicle values
Moving trucks, dollies, lift gates, and specialized packing equipment require comprehensive coverage. A company operating multiple trucks and using hydraulic lift equipment needs higher coverage limits than one with basic vans and hand trucks.
Credit score and financial stability
In most states, insurers can consider your business credit score when setting rates. A strong credit score can reduce premiums, while poor credit often increases costs substantially.
How to Get Cheap Moving Business Insurance
Finding affordable moving business insurance cost solutions requires strategic shopping and smart business practices. These proven methods can reduce your premiums immediately or over time as you build a better risk profile.
- 1
Choose the right coverage types for your business
Understanding what types of business insurance your moving company needs prevents overpaying for unnecessary coverage. Essential protections include general liability for customer property damage, workers compensation for employee injuries, and commercial auto insurance for your moving trucks. Consider cargo insurance to protect items during transport.
- 2
Shop multiple insurance companies
Insurance rates can vary significantly between providers for identical coverage. Compare quotes from at least three insurers to find the best rates. Consider working with an independent agent who can shop multiple carriers for you.
- 3
Bundle your coverage types
Insurance companies typically offer substantial discounts when you bundle multiple policies together. Combining general liability, commercial auto, and property insurance with one carrier usually costs less than splitting them between different insurers.
- 4
Increase your deductibles
Choosing higher deductibles will reduce your monthly premium costs. This means you'll pay more out-of-pocket when filing a claim, but your ongoing insurance expenses will be lower. Consider your business's financial capacity when selecting deductible amounts.
- 5
Pay annually instead of monthly
Most insurance providers add processing fees for monthly payment plans. Paying your premium annually eliminates these extra charges and often qualifies you for additional discounts. This upfront investment can lead to significant yearly savings.
- 6
Review and adjust your coverage annually
Your insurance needs change as your moving business grows. Review your policies yearly to ensure coverage matches your current operations. Remove unnecessary coverage and adjust limits based on your business size, equipment value and service territory.
Insurance for Moving Business Cost: Bottom Line
Moving business insurance costs range from $82 to $261 monthly. Moving business insurance costs vary based on several factors that insurance companies use to calculate your premiums. Getting quotes from multiple insurers, bundling your policies, choosing higher deductibles and paying annually instead of monthly helps you find more affordable rates.
Moving Business Insurance Cost: FAQ
Business owners ask many questions about moving business insurance costs, so we gathered answers to the most common questions below
What is the cheapest type of moving business insurance?
Professional liability insurance costs $82 monthly, but it only covers professional mistakes and negligence claims.
Most moving businesses need general liability coverage ($125 monthly) to protect against customer injuries and property damage claims.
How much can I save by bundling my moving business insurance policies?
Bundling insurance policies through a BOP offers significant savings. Insurers provide discounts when combining multiple coverages like general liability and property insurance in one package.
What factors make my moving business insurance more expensive?
Geographic location, safety record, claims history and number of employees can make business insurance expensive.
Should I choose a $500 or $2,500 deductible for my moving business insurance?
Higher deductibles lower your monthly premiums but require more out-of-pocket costs when filing claims. Base your choice on available cash reserves and claim frequency expectations.
How much does workers' compensation cost for moving businesses by state?
Monthly workers' compensation costs for moving businesses vary significantly by state, ranging from $225 monthly in North Carolina to $302 monthly in New York, reflecting different state requirements and risk factors.
Is business owner's policy (BOP) worth the extra cost for moving companies?
BOP insurance costs moving companies $183 monthly and combines essential coverages like general liability and commercial property. This bundled coverage offers great value compared to purchasing policies separately.
How often should I shop around for moving business insurance quotes?
Review your moving business insurance annually at renewal time. Compare at least three providers to find better rates, particularly if your business has grown or changed.
How We Determined Moving Business Insurance Costs
We collected moving business insurance quotes from companies across different states. For consistent comparisons, every quote used the same business setup:
- Two employees (three people total, including the owner)
- $150,000 annual payroll
- $300,000 annual revenue
- Already insured status
- $1 million per occurrence and $2 million total per year for all coverage except BOP, which includes the same limits plus $5,000 business property coverage
This profile represents small moving businesses requiring comprehensive insurance coverage in most states. We chose companies offering broad national coverage and online quote capabilities, focusing on insurers that actively serve the moving industry.
About Mark Fitzpatrick
Mark Fitzpatrick, a Licensed Property and Casualty Insurance Producer, is MoneyGeek's resident Personal Finance Expert. With over five years of experience analyzing the insurance market, he conducts original research and creates tailored content for all types of buyers. His insights have been featured in publications like CNBC, NBC News and Mashable.
Fitzpatrick holds a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He's also a five-time Jeopardy champion!
Passionate about economics and insurance, he aims to promote transparency in financial topics and empower others to make confident money decisions.