The Hartford earned our top spot for the best small business insurer for moving companies due to its affordability and coverage. However, we recommend comparing quotes from our other top picks, including Nationwide, NEXT and Simply Business.
Best Moving Business Insurance
Updated: July 17, 2025
Advertising & Editorial Disclosure
Key Takeaways
The Hartford is the best business insurance company for moving firms because it offers the best balance of affordability and stability.
The Hartford offers competitive commercial insurance rates for moving businesses, leading in professional liability coverage.
To shop for business insurance for your moving business, assess the risks in your industry, consult agents and other similar organizations and compare multiple options.
Best Business Insurance for Moving Companies
| The Hartford | 96 | 98 | 91 |
| NEXT Insurance | 95 | 95 | 94 |
| Nationwide | 95 | 97 | 91 |
| Simply Business | 90 | 90 | 83 |
| Coverdash | 88 | 87 | 83 |
| Progressive Commercial | 88 | 90 | 81 |
| Thimble | 86 | 88 | 81 |
| Hiscox | 86 | 86 | 87 |
| Chubb | 85 | 80 | 87 |
| biBERK | 85 | 80 | 91 |
*All scores were based on a moving business with two employees across professional liability, general liability, workers' comp and BOP policies.
1. The Hartford
pros
Lowest professional liability insurance rates
Extensive experience with over 200 years in the industry
Highest financial stability ratings
cons
Less affordable for workers' comp policies
COMPANY HIGHLIGHTS
The Hartford earned the top position in our moving company insurance rankings, using its 200-year industry experience. The company offers competitive rates across coverage types, including the cheapest rates for professional liability, at $73 monthly.
The Hartford's superior customer service earned top ratings from over 10,000 business owners, while its A+ from AM Best ensures moving companies can rely on dependable claims processing when coverage is most needed.
2. NEXT
pros
Best customer service experience
Reasonable rates for most coverage types
Large coverage selection
cons
Slower quote times than competition
Lower financial stability ratings
COMPANY HIGHLIGHTS
NEXT earned the runner-up position for moving company insurance, with strong customer service, competitive pricing and comprehensive coverage for relocation operations.
Despite having less than a decade in the insurance industry, NEXT earned a 4.7 out of 5.0 customer rating from over 3,000 policyholders. The insurer ties for second in affordability, with annual professional liability coverage starting at $912, making it attractive for moving companies needing robust protection for their workforce and operational risks.
3. Nationwide
pros
Variety of coverage types
Cheapest rates for general liability insurance
Good financial stability ratings
cons
Higher rates for workers comp
Not available for purchase online
COMPANY HIGHLIGHTS
Nationwide earned third place in our moving company insurance rankings with its combination of affordability and customer-focused service. The company offers the lowest prices for general liability insurance, earning the second spot overall for affordability in our study. Nationwide's positive service ratings and efficient claims process make it a smart choice for moving companies seeking reliable coverage with responsive support.
Cheapest Business Insurance for Moving Firms
Our study shows competitive rates across providers, with no single insurer dominating all coverage types. This applies to moving companies with two employees, and you may find lower rates elsewhere. Below are the most affordable providers by major coverage types.
Cheapest General Liability Insurance for Moving Companies
With an average monthly rate of $86, Nationwide offers the lowest-cost general liability insurance for moving companies. Even so, consider getting quotes from the next-most-affordable insurers: NEXT and The Hartford.
| Nationwide | $86 | $1,035 |
| NEXT Insurance | $104 | $1,250 |
| The Hartford | $104 | $1,244 |
| Simply Business | $120 | $1,443 |
| Progressive Commercial | $125 | $1,496 |
| Coverdash | $133 | $1,593 |
| Thimble | $133 | $1,597 |
| Hiscox | $136 | $1,637 |
| Chubb | $153 | $1,842 |
| biBERK | $166 | $1,997 |
Cheapest Workers' Comp Insurance for Moving Companies
For moving businesses shopping for workers' comp insurance, Thimble tops our list as the most affordable insurer, with average rates of $112 per month or $1,341 yearly. However, you may find more affordable rates with Progressive Commercial, Simply Business, Hiscox and The Hartford.
| Thimble | $112 | $1,341 |
| Progressive Commercial | $120 | $1,446 |
| Simply Business | $124 | $1,493 |
| Hiscox | $125 | $1,498 |
| The Hartford | $127 | $1,519 |
| Coverdash | $128 | $1,533 |
| NEXT Insurance | $130 | $1,561 |
| biBERK | $132 | $1,578 |
| Nationwide | $140 | $1,682 |
| Chubb | $150 | $1,805 |
Cheapest Professional Liability Insurance for Moving Companies
The Hartford offers the most affordable professional liability insurance options for moving companies, with low average monthly rates of $73. You may also want to compare prices from other low-cost providers like NEXT, Progressive Commercial and Thimble.
| The Hartford | $73 | $878 |
| NEXT Insurance | $76 | $907 |
| Progressive Commercial | $78 | $936 |
| Thimble | $79 | $953 |
| Hiscox | $81 | $972 |
| Simply Business | $81 | $973 |
| Coverdash | $83 | $992 |
| biBERK | $85 | $1,015 |
| Nationwide | $88 | $1,054 |
| Chubb | $95 | $1,144 |
Cheapest BOP Insurance for Moving Companies
Nationwide provides the most affordable business owner's policy (BOP) coverage for moving companies, with an average yearly cost of $1,562 for bundled general liability and property protection. That's a savings of roughly $33 annually compared to The Hartford, the second most affordable option.
| Nationwide | $130 | $1,562 |
| The Hartford | $133 | $1,595 |
| NEXT Insurance | $151 | $1,808 |
| Simply Business | $181 | $2,175 |
| Progressive Commercial | $186 | $2,237 |
| Coverdash | $193 | $2,314 |
| Hiscox | $202 | $2,423 |
| Thimble | $204 | $2,449 |
| biBERK | $217 | $2,609 |
| Chubb | $231 | $2,768 |
What Type of Coverage Do You Need for a Moving Business?
Companies with employees need workers' comp insurance, and businesses that use vehicles must have commercial auto coverage. Many clients or contracts also require businesses to carry general liability insurance before starting work. You might also need a surety bond in certain industries, especially when contracts require guarantees of service or compliance.
RECOMMENDED MOVING BUSINESS COVERAGE
We recommend general liability insurance for moving companies because it covers common risks like bodily injury, property damage and legal defense costs. Professional liability insurance is also a smart option for businesses that work under client contracts or provide specialized services. It’s particularly helpful for moving businesses with commercial contracts or high-risk jobs, like technical or customized services.
Coverage Recommendations by Moving Company Type
We've organized a list of moving service types, ranked by risk exposure and insurance needs. This breakdown starts with those facing the highest claim risk, helping businesses determine the appropriate level of coverage.
Moving Company Type | Coverage Types Recommendation | Most Common Insurance Claims | Most Common Reasons For Litigation |
|---|---|---|---|
Local Residential Moving | Commercial Auto Liability, Cargo/Goods in Transit, General Liability, Workers' Comp (high limits), Customer Property Coverage, Commercial Property, Released Value Coverage, Umbrella Policy ($2M+) | Damaged furniture/belongings, back injuries from heavy lifting, slip/fall accidents on stairs, vehicle accidents during moves, property damage to homes, theft of customer belongings | Customer property damage lawsuits, worker injury and back strain claims, slip/fall customer injury suits, vehicle accident litigation, theft liability claims, property damage to doorways/walls |
Long-Distance/Interstate Moving | Commercial Auto Liability (federal requirements), Motor Carrier Cargo, General Liability, Workers' Comp, Interstate Operating Authority, Full Value Protection, Released Value Coverage, Umbrella Policy ($5M+) | Long-haul vehicle accidents, cargo damage from road conditions, theft during overnight stops, delays causing additional costs, equipment breakdowns, cross-country weather damage | Interstate accident wrongful death suits, cargo damage class actions, delay damages lawsuits, theft during transit liability, federal regulation violations (DOT/FMCSA), cross-contamination claims |
Commercial/Office Moving | Commercial Auto Liability, Cargo Insurance (high-value electronics), General Liability, Workers' Comp, Professional Liability, Data/Equipment Coverage, Cyber Liability, Umbrella Policy ($10M+) | Damage to expensive office equipment, data loss from computer moves, business interruption from delays, elevator accidents, high-value furniture damage, IT equipment failures | Business equipment damage lawsuits, data loss litigation, business interruption claims, elevator accident injury suits, IT system failure damages, professional negligence claims |
Specialty Moving (Piano/Art/Antiques) | Commercial Auto Liability, Fine Arts/High-Value Cargo, General Liability, Workers' Comp, Professional Liability, Climate-Controlled Transport, Installation Coverage, Umbrella Policy ($15M+) | Damage to irreplaceable items, climate control failures, installation accidents, specialized equipment failures, museum/gallery property damage, authentication disputes | Irreplaceable item damage lawsuits, fine arts damage litigation, installation negligence claims, climate damage to artifacts, authentication fraud allegations, museum/gallery property suits |
Corporate Relocation Services | Commercial Auto Liability, Cargo Insurance, General Liability, Workers' Comp, Professional Liability, Temporary Storage Coverage, Employee Relocation E&O, Umbrella Policy ($10M+) | Storage facility damage, employee relocation disputes, temporary housing issues, pet transportation problems, international shipping delays, customs clearance failures | Employee relocation dispute lawsuits, storage facility damage claims, international shipping litigation, customs violation penalties, temporary housing negligence suits, pet injury/death claims |
Storage/Warehouse Operations | General Liability, Warehouse Legal Liability, Commercial Property, Workers' Comp, Cargo/Goods in Storage, Fire/Water Damage Coverage, Security Breach Coverage, Umbrella Policy ($5M+) | Fire/water damage to stored goods, theft from storage units, pest/rodent damage, climate control failures, employee injuries from lifting, facility security breaches | Storage facility fire/flood damage lawsuits, theft liability claims, pest damage litigation, climate control failure suits, security breach negligence claims, employee injury lawsuits |
International Moving | Commercial Auto Liability, Ocean/Air Cargo Insurance, General Liability, Workers' Comp, Customs Bond Coverage, International Transit Coverage, Currency Fluctuation, Umbrella Policy ($25M+) | International shipping delays, customs clearance problems, currency fluctuation losses, ocean/air cargo damage, documentation errors, port handling damage | International shipping delay lawsuits, customs violation penalties, ocean cargo damage litigation, documentation error claims, port authority disputes, currency loss litigation |
How to Get the Best Cheap Business Insurance for Your Moving Company
Here's a guide to finding the best and cheapest business insurance for your moving company.
- 1
Decide on coverage needs before buying
Think about what could go wrong in your moving business, get advice from similar businesses, talk to agents and research the types of business insurance. This helps you understand your coverage needs and prevents you from buying excessive coverage.
- 2
Research costs
Research average costs for your business profile and find which providers offer the cheapest rates overall. This gives you a benchmark for how much you're saving when comparing quotes and which companies to start with.
- 3
Look into company reputations and coverage options
Research what customers say on online rating sites and forums to get a better look at company services. Also, check coverage options to make sure you're covered for the right items, both now and as your business grows.
- 4
Compare multiple quotes through different means
The best way to find a good deal is to compare multiple quotes for the same coverage. Pricing varies by your comparison method, whether with captive agents, comparison sites, company websites or independent agents.
- 5
Reassess annually
Your business will change, affecting your rates and coverage needs. Repeat these steps annually to ensure you still have the best deal.
How to Decrease Your Moving Business's Liability Risk
Reducing risk helps moving businesses lower their insurance costs. We've organized risk mitigation strategies by business type or risk tier to help you find the best approach for your needs.
Moving Business Risk Type | Included Types of Moving Businesses | Risk Mitigation Tactics |
|---|---|---|
Highest | Long-distance interstate moves, commercial/office relocations, specialty item moving (pianos, art, antiques), international moving, high-value moves, multi-story moves |
|
Moderately high | Intrastate long-distance moves, apartment/condo moves, senior relocations, corporate employee relocations, storage services with moving |
|
Moderate | Local residential moves, small apartment moves, labor-only services, packing services, furniture delivery, student moves |
|
Moderately low | Small local moves, loading/unloading services, furniture rearrangement, single-item moves, college dorm moves |
|
Lowest | Moving consulting, relocation planning, moving supplies sales, moving coordination services, storage facility referrals |
|
Best Insurance for Moving Business: Bottom Line
The Hartford is the best insurer for moving business insurance, offering the most affordable option overall. We also recommend getting quotes from NEXT and Nationwide. For the best deal, talk to agents, research providers and pricing, and compare multiple quotes side by side.
Moving Business Insurance: FAQ
Below, we answer common questions about insurance for moving businesses.
Who offers the best moving business insurance overall?
The Hartford is the top choice for moving business insurance, with a MoneyGeek score of 96 out of 100. NEXT closely follows with excellent customer service and a score of 95.
Who has the cheapest business insurance for moving companies?
Here are the cheapest business insurance companies for moving companies by coverage type:
- General liability insurance: Nationwide at $86 monthly
- Workers' comp insurance: Thimble at $112 monthly
- Professional liability insurance: The Hartford at $73 monthly
- BOP insurance: Nationwide at $130 monthly
What business insurance is required for moving organizations?
Workers' compensation insurance (if you have employees) and commercial auto insurance (if you own business vehicles) are legally required for moving businesses, with requirements varying by state. While not legally mandated, general liability insurance and surety bonds are effectively required by most commercial clients and property leases.
How much does moving business insurance cost?
Business insurance costs for moving businesses vary depending on the type of coverage. Below are the average monthly costs from our study:
- General liability: $126 per month
- Workers comp: $129 per month
- Professional liability: $82 per month
- BOP insurance: $183 per month
How We Chose the Best Moving Business Insurance
We selected the best business insurer for moving companies based on the following criteria:
- Affordability (50% of score): The lower a company's costs compared to the competition based on our base profile for four core coverage types, the better it performs.
- Customer service (30% of score): We scored providers on overall customer satisfaction using industry studies, customer review forum ratings and public forum sentiment analysis from sites like Reddit.
- Coverage (15% of score): We scored business insurance for this category based on the flexibility, payment and actual coverage options.
- Financial stability (5% of score): Using financial stability industry ratings from companies like AM Best and Moody's, we created an overall rating to judge how likely a company is to pay out claims compared to the competition.
All pricing in this article is based on the following base profile to represent the vast majority of small businesses in all states:
- Three-person business with two employees
- Coverage: $1 million per occurrence and $2 million total per year for all but BOP, which includes the same coverage plus $5,000 of business property coverage
- $150,000 in payroll
- $300,000 annual revenue
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.
sources
- AM Best. "Hartford Fire Insurance Company." Accessed June 16, 2025.
- NEXT. "Customer Reviews." Accessed June 16, 2025.