fact checked icon

Updated: August 7, 2026

Advertising & Editorial Disclosure

Best Insurance For Moving Business: Key Takeaways
blueCheck icon

Moving companies need multiple coverage types, such as workers' compensation for crew injuries, commercial auto for truck accidents, cargo insurance for client belongings and general liability for property damage.

blueCheck icon

The Hartford offers the best business insurance for movers, ranking first for affordability, customer service and claims processing with a MoneyGeek score of 4.78 out of 5.

blueCheck icon

The Hartford provides the cheapest business insurance for moving companies with an average monthly rate of $136, with professional liability insurance starting at $73 monthly.

Best Business Insurance for Moving Companies

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.

The Hartford4.78$136
ERGO NEXT4.76$140
Nationwide4.70$145
Simply Business4.50$156
Coverdash4.40$165
Progressive Commercial4.40$159
Hiscox4.30$167
biBERK4.30$182
Chubb4.30$192
Thimble4.30$165

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

insurance2 icon
LEARN MORE ABOUT THE BEST BUSINESS INSURANCE

To find the right coverage for your moving company, check out the following resources:

The Hartford

1. The Hartford: Best and Cheapest Overall for Moving Companies

On The Hartford's site
checkmarkpros

  • Lowest professional liability rate reviewed at $73 a month

  • A+ AM Best financial strength rating

  • First-ranked nationally for claims processing and customer service

  • More than 200 years in business

closecons

  • Digital experience ranks 10th among national insurers

  • Fewer endorsement options than some competitors

COMPANY HIGHLIGHTS

The Hartford is the top pick for moving companies on combined affordability and claims reliability. Professional liability is the lowest at $73 a month. The Hartford ranks second for general liability, BOPs and workers' comp. Total coverage at $136 a month gives movers broad coverage without a premium penalty.

The Hartford ranks first nationally for customer service and claims processing, with a 4.5 out of 5 customer score. With more than 200 years of experience and A+ AM Best rating, it ensures dependable claims payment when your moving business faces damaged furniture or injury claims.

Cheapest Business Insurance for Moving Companies

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.

The Hartford$136$1,635
ERGO NEXT$140$1,674
Nationwide$145$1,739
Simply Business$156$1,872
Progressive Commercial$159$1,906
Coverdash$165$1,978
Thimble$165$1,980
Hiscox$167$2,001
biBERK$182$2,184
Chubb$192$2,308

What Does Moving Company Business Insurance Cost?

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
Workers' Comp$261$3,138
BOP$183$2,194
General Liability$125$1,499
Professional Liability (E&O)$82$981

What Type of Insurance Is Best for a Moving Company?

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.

businessLoan icon
BUSINESS INSURANCE GUIDES TO COVERAGE NEEDS

To learn more about whether you need different types of business insurance coverage: 

How to Get the Best Cheap Business Insurance for Your Moving Company

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

  1. 1
    Decide on Your Coverage Needs

    Identifying the risks specific to the operation is the right starting point: back injuries from loading heavy items, truck damage to driveways and property loss in transit. Input from other moving company owners about their claims history provides useful context. Consulting agents with transportation experience before comparing carriers produces a more informed shortlist.

  2. 2
    Research Costs

    Reviewing what moving companies with similar fleet sizes pay before pulling quotes establishes a useful baseline. A three-truck operation with five employees pays different rates than a solo mover with one vehicle. Having benchmarks prevents overpaying and provides a basis for comparison when quotes come in.

  3. 3
    Verify Carrier Eligibility and Claims Record

    Reviews from moving company owners about cargo damage claims and workers' comp approvals should be checked across Google, the Better Business Bureau and moving industry forums. Each carrier should be confirmed to handle interstate transportation and carry cargo limits that match typical shipment values before pulling quotes.

  4. 4
    Compare Multiple Quotes Through Different Means

    Pull quotes from at least three insurers. Independent agents can surface moving-specific discounts that aren't available through online platforms. Direct calls to carriers sometimes reveal commercial transportation discounts not listed on their websites.

  5. 5
    Review Coverage Every Year

    Coverage should be reviewed when adding trucks, hiring employees or expanding into interstate moves. Adding vehicles or crossing state lines shifts the risk profile and affects rates. Annual reviews keep premiums aligned as the operation grows.

Best Business Insurance for Moving Companies: Bottom Line

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.

Cheapest Business Insurance For Moving Companies Chart

Moving Business Insurance: FAQ

Common questions about moving business insurance:

How We Chose the Best Moving Business Insurance

MoneyGeek scored moving company insurers on four factors:

  • Affordability (50%): Costs were compared 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%): Flexibility, payment structure and the range of coverage options were evaluated. More options and fewer restrictions score higher.
  • Financial stability (5%): AM Best and Moody's ratings determine this score. Higher ratings reflect a 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

About Connor Bolton

Connor Bolton, Senior SEO and Content Manager (Business & Pet), MoneyGeek

Connor Bolton is Senior SEO and Content Manager at MoneyGeek, where he leads the business and pet insurance editorial teams. He sets the research framework, data standards and content structure for his team. All content goes through his accuracy review before publication. Connor also writes in-depth guides and has spent more than four years covering insurance products across personal, commercial and specialty lines.

The research infrastructure Connor built covers auto, home, renters, life, health, business and pet insurance across pricing analysis, carrier research, customer experience and coverage evaluation. It includes over 6 million data points for business insurance across 408 industry areas, all 50 states and 16 vehicle types. The pet insurance side covers over 5 million profiles across 18 major providers, 100+ breeds and ages up to 20 years. Connor’s insurance research and his team's work have been cited by the U.S. Chamber of Commerce, Allstate, Liberty Mutual, CBS News, Forbes and LegalZoom.

Connor also talks with underwriters and carrier liaisons at Ethos, The Hartford, ERGO NEXT, Nationwide and State Farm, and monitors business and pet owner communities on Reddit. Those sources shape how his team evaluates carriers, structures rate analysis and writes content for real pet owners.

Questions about MoneyGeek's business or pet insurance content? Reach him at connor@moneygeek.com or on LinkedIn.

Read Full Bio »