Moving business insurance averages $163 monthly, with costs ranging from $214 to $225 based on coverage types and location factors.
Get matched with cheap moving business insurance below.
Updated: October 15, 2025
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Moving business insurance costs range from $2,568 to $2,698 annually on average, depending on your coverage type, state and sub-industry.
Your moving insurance premiums depend on location, claims history, services offered and employee count.
Shop multiple business insurers, bundle policies, increase deductibles and pay annually to find affordable moving business insurance costs.
We found average business insurance costs for moving companies for commonly needed coverage are as follows:
| BOP | $183 | $2,194 |
| General Liability | $125 | $1,499 |
| Professional Liability (E&O) | $82 | $981 |
| Workers' Comp | $261 | $3,138 |
Note: We based these rates on small businesses with two employees across 79 major industries, focusing on four coverage types: general liability, professional liability/errors and omissions (E&O), workers' comp and business owner's policy. Your actual rates will vary based on your specific business factors and location.
Select your industry and state to get a customized quote.
Your moving business cost for general liability insurance varies by location. Maine offers affordable coverage at $108 monthly compared to the $125 national average, while Louisiana costs $145 monthly, helping you budget effectively for your business.
| Alabama | $122 | $1,464 |
| Alaska | $119 | $1,422 |
| Arizona | $118 | $1,418 |
| Arkansas | $120 | $1,435 |
| California | $139 | $1,666 |
| Colorado | $124 | $1,483 |
| Connecticut | $135 | $1,625 |
| Delaware | $134 | $1,604 |
| Florida | $135 | $1,619 |
| Georgia | $127 | $1,520 |
| Hawaii | $138 | $1,659 |
| Idaho | $118 | $1,418 |
| Illinois | $137 | $1,642 |
| Indiana | $122 | $1,459 |
| Iowa | $119 | $1,424 |
| Kansas | $121 | $1,453 |
| Kentucky | $116 | $1,390 |
| Louisiana | $145 | $1,744 |
| Maine | $108 | $1,296 |
| Maryland | $119 | $1,427 |
| Massachusetts | $131 | $1,569 |
| Michigan | $118 | $1,417 |
| Minnesota | $117 | $1,403 |
| Mississippi | $125 | $1,503 |
| Missouri | $123 | $1,476 |
| Montana | $124 | $1,489 |
| Nebraska | $118 | $1,415 |
| Nevada | $141 | $1,697 |
| New Hampshire | $124 | $1,488 |
| New Jersey | $141 | $1,695 |
| New Mexico | $125 | $1,504 |
| New York | $145 | $1,737 |
| North Carolina | $108 | $1,296 |
| North Dakota | $108 | $1,300 |
| Ohio | $116 | $1,388 |
| Oklahoma | $121 | $1,456 |
| Oregon | $116 | $1,389 |
| Pennsylvania | $144 | $1,724 |
| Rhode Island | $137 | $1,643 |
| South Carolina | $128 | $1,541 |
| South Dakota | $117 | $1,399 |
| Tennessee | $122 | $1,459 |
| Texas | $126 | $1,509 |
| Utah | $119 | $1,424 |
| Vermont | $120 | $1,436 |
| Virginia | $114 | $1,362 |
| Washington | $142 | $1,701 |
| West Virginia | $131 | $1,569 |
| Wisconsin | $122 | $1,468 |
| Wyoming | $115 | $1,383 |
Note: We based these general liability rates on moving businesses with two employees across different states. Your rates will vary based on your location, claims history and the types of services you provide.
The cost of workers' compensation insurance for your moving business differs across states. North Carolina has the lowest monthly rates at $224, while New York reaches $302. 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 |
Note: We based these workers' comp rates on moving businesses with two employees across different states. Your workers' comp requirements and costs will vary by state since each has different regulations.
Your professional liability cost will vary by state. Nationwide, this coverage averages $82 monthly. North Carolina offers the most affordable rates at $70 monthly, while Washington has the highest costs 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 |
Note: We based these professional liability rates on moving businesses with two employees across different states. Your actual rates will depend on your services offered and location.
Moving business insurance costs vary most based on your state's business owner's policy (BOP) requirements and regulations. BOP insurance cost ranges from $157 in North Carolina to $214 in New York for the same coverage level.
| 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 |
Note: We based these BOP rates on moving businesses with two employees across different states. Your actual rates will vary based on your business size, location, and coverage needs.
Moving company business insurance costs vary by provider, ranging from $136 to $192 monthly. These price differences reflect each insurer's specific market focus and strategic priorities, which shift over time based on profitability and coverage expansion opportunities.
| Chubb | $192 | $2,308 |
| Coverdash | $165 | $1,978 |
| Hiscox | $167 | $2,001 |
| NEXT Insurance | $140 | $1,674 |
| Nationwide | $145 | $1,739 |
| Progressive Commercial | $159 | $1,906 |
| Simply Business | $156 | $1,872 |
| The Hartford | $136 | $1,635 |
| Thimble | $165 | $1,980 |
| biBERK | $182 | $2,184 |
Moving business insurance costs depend on multiple factors that insurers assess when determining your policy rates:
Operating territories shape insurance costs through road conditions and accident rates in your service area. Companies navigating congested urban centers or mountainous terrain see different pricing than those working primarily in flat suburban markets.
Damaged furniture and worker injuries create lasting premium implications for movers. Claims from broken heirlooms, vehicle accidents or back injuries sustained while carrying appliances can elevate your rates for years afterward.
Local residential moves within the same city present manageable risk profiles. Long-distance interstate relocations or commercial office moves with expensive IT equipment bring substantially higher exposure and corresponding premium adjustments.
Heavy lifting makes workers' compensation a major expense line for moving businesses. Each mover you hire increases your payroll base, and insurers price coverage based on those wage totals plus the high-risk classification codes for this work.
Basic loading and transport represents the core of moving operations. Expand into packing services, storage solutions or handling specialty items like pianos and antiques, and you're adding layers of liability that push premiums upward.
Job frequency and gross receipts tell insurers about your operational scale. Small outfits doing occasional weekend moves for $65,000 annually sit in completely different underwriting brackets than established companies running daily routes and earning $450,000.
Cargo liability protects customer belongings during transit, with limits varying based on typical shipment values. Moving high-end households or commercial contents requires substantially more coverage than standard residential relocations, driving up monthly costs.
Moving trucks, dollies, straps and protective materials all need proper coverage against loss or damage. Companies operating newer box trucks with hydraulic lifts and GPS tracking invest more in equipment, requiring proportionally higher property insurance.
Financial reliability matters when insurers assess moving companies given the potential for customer disputes. Solid credit helps secure competitive rates, while credit problems may trigger surcharges or require larger deposits upfront.
Lowering your moving business insurance costs takes careful planning and informed decisions — and our step-by-step guide can help you get there. By following smart business practices, you can secure the best cheap business insurance for your moving company while steadily improving your overall risk profile.
Moving companies need commercial auto for trucks and cargo vans, cargo liability for customer belongings in transit, and general liability for property damage when moving furniture through doorways and stairwells.
Add workers compensation for back injuries and lifting strain, bailee's coverage for items in your warehouse, garage keepers liability if you store vehicles, and Federal Motor Carrier Authority coverage if you operate interstate moves.
Moving insurance rates vary based on whether you handle local residential moves, long-distance relocations, commercial office moves or high-value specialty items like pianos and antiques.
Transportation-focused carriers understand DOT requirements and released value liability better than general insurers.
Combining commercial auto, cargo liability and general liability saves 18% to 26% compared to purchasing separately. Many transportation insurers offer moving company packages that include warehouse and bailee's coverage at reduced bundle rates.
Higher vehicle deductibles of $1,000 to $2,500 can reduce premiums by 22% to 30%, but consider that moving trucks experience frequent minor damage from tight spaces and loading docks. Keep cargo liability deductibles low since furniture damage claims happen regularly, even with careful handling.
Monthly payment plans add 6% to 11% in installment charges, which, on a $10,000 moving policy, costs $600 to $1,100 extra annually. Paying upfront removes these fees and earns 5% to 9% discounts from transportation carriers.
Review your policy whenever you add trucks or movers, expand into interstate operations requiring FMCSA registration or start offering packing services and storage facilities. If you've implemented GPS tracking, dash cams, safety training programs or obtained additional DOT certifications, these improvements can qualify for premium discounts.
Moving business insurance costs between $214 and $225 per month, though your actual premium depends on factors like location, business size and claims history. You can often lower your costs by comparing quotes from several insurers, bundling policies, selecting higher deductibles and opting for annual payments instead of monthly ones.
Moving business owners commonly ask about insurance costs. We answered the most frequent questions below:
Professional liability coverage is the cheapest at $82 monthly, but it only covers errors and omissions. Most moving companies need general liability coverage ($125 monthly) since it protects against customer injuries and property damage during relocations.
You'll pay more in these states. General liability in California runs $139 monthly (vs. $125 national average), and BOP costs $205 monthly (vs. $183 average). New York is similar at $145 and $214, respectively.
Bundling your moving business insurance policies delivers greater savings compared to purchasing individual coverage. Most carriers provide discounts when you combine general liability, commercial auto coverage and commercial property insurance under one policy.
Higher premiums result from multiple risk factors: operating expensive trucks and equipment, employing numerous workers, serving high-crime areas, maintaining poor safety records, lacking experience, and having previous insurance claims.
Higher deductibles reduce monthly premiums but increase your out-of-pocket costs per claim. Consider your business's financial reserves and claim frequency expectations when deciding.
Workers' compensation costs for moving businesses vary by state, spanning from $224 monthly in North Carolina to $302 monthly in New York.
Yes, BOP insurance is worth the extra cost for moving companies. BOP costs $183 monthly but packages general liability, commercial property and business interruption coverage together. This bundled approach delivers better value than purchasing individual policies while simplifying your insurance management.
Shop annually when your policy renews. Compare quotes from three or more insurers to find savings, especially after adding employees or expanding services.
We collected moving business insurance quotes from companies across different states. For consistent comparisons, every quote used the same business setup:
We used a typical small moving business profile requiring comprehensive coverage. We chose companies offering broad national coverage and online quote capabilities, prioritizing insurers that 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!
He writes about economics and insurance, breaking down complex topics so people know what they're buying.
