Best Moving Company Business Insurance

The Hartford ranks as our top choice for moving companies, earning a MoneyGeek score of 96 out of 100. At approximately $136 monthly, it delivers the comprehensive coverage, responsive customer service and financial stability your moving business needs to protect against liability claims, property damage and other risks movers face daily.

We recommend comparing quotes from our other top picks: ERGO NEXT, Nationwide, Simply Business and Coverdash. Each provider offers advantages that would better suit your operation's needs and budget.

Note: We based all scores on a moving business with two employees across professional liability, general liability, workers' comp and BOP policies.

The Hartford offers the most affordable moving business insurance for professional liability at $73 monthly and ranks second for general liability and workers' compensation. For the cheapest business owner's policy, Nationwide leads at $130 monthly, with The Hartford at $135. ERGO NEXT provides the most affordable workers' comp for movers at $245 monthly, so compare quotes from all three providers.

In general, moving business insurance costs are the following for the four most popular coverage types:

• General Liability: $125 on average per month, ranging from $108 to $145, depending on the state
• Workers' Comp: $261 on average per month, ranging from $225 to $302, depending on the state
• Professional Liability (E&O): $82 on average per month, ranging from $70 to $96, depending on the state
• BOP Insurance: $183 on average per month, ranging from $157 to $214, depending on the state

Moving companies are required to carry commercial auto for vehicle accidents, workers' comp for employee injuries and general liability for client property damage. Coverage beyond those mandates depends on fleet size, interstate licensing status and typical shipment values.

Five steps for getting business insurance as a moving company, from scoping coverage needs to annual review.

The Hartford stands out as the top choice for moving businesses, combining the industry's most affordable professional liability coverage at $73 monthly with exceptional customer service. 

With an overall MoneyGeek score of 4.78 out of 5 and average rates of $136 monthly, movers get comprehensive protection across workers' compensation, commercial auto, cargo insurance and general liability without overpaying.

Common questions about moving business insurance:

MoneyGeek scored moving company insurers on four factors:

• Affordability (50%): We compared costs across four core coverage types using a standard moving company profile. Lower costs relative to competitors score higher.
• Customer service (30%): Scores draw from industry satisfaction studies, customer review ratings and public forum sentiment including Reddit. Higher scores reflect better claims handling and service responsiveness.
• Coverage (15%): We evaluated flexibility, payment structure and the range of coverage options. More options and fewer restrictions score higher.
• Financial stability (5%): AM Best and Moody's ratings determine this score. Higher ratings reflect stronger capacity to pay claims.

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