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Transportation & Logistics

Moving Companies Coverage Guide

Movers face WC (back injuries dominate), cargo coverage (released-value vs. full-value protection), and property damage (door frames, walls, hardwood floors). Long-haul movers also need motor truck cargo on a trip basis.

Cargo + property damage
Critical — you almost certainly need this Important — most businesses in this trade should have it Situational — depends on your specific operations

Critical Coverage

General Liability

Covers third-party bodily injury and property damage claims

Critical
Typical limits: $1M/$2M

What it covers

Damage to customer property — walls, hardwood floors, door frames, banisters during moves.

Common misconception

Property damage during moves is one of the most common claim types. Care/custody/control riders are essential.

What it does NOT cover

Cargo (separate coverage). Employee injuries.

The gap — what happens without it

Furniture move damages stair banister — $4K repair. GL with care/custody/control pays.

What drives your premium

Revenue, vehicles, claims

Endorsements to ask about

Care/custody/control rider for customer premises.

Workers' Compensation

Covers employee injuries and illnesses on the job

Critical
Typical limits: Statutory / $1M EL

What it covers

Back injuries from lifting (top loss type), foot injuries from dropped boxes, slip/fall.

Common misconception

Moving WC has high class rates due to lifting frequency.

What it does NOT cover

Owner exemption.

The gap — what happens without it

Mover suffers herniated disc — $80K medical, surgery. WC pays.

What drives your premium

Payroll, state, claims

Endorsements to ask about

All-states for interstate.

Commercial Auto

Covers vehicles used for business purposes

Critical
Typical limits: $1M CSL

What it covers

Liability and physical damage on box trucks and trailers. Movers' fleets are heavy and frequently rented/leased.

Common misconception

Movers using rental trucks think the rental coverage suffices. Most rental policies have minimal liability and exclude business use.

What it does NOT cover

Cargo (need cargo coverage). Rented trucks not on policy.

The gap — what happens without it

Box truck rear-ends — $130K. Commercial auto pays.

What drives your premium

Vehicles, MVRs, radius, claims

Endorsements to ask about

Hired auto for rentals. Cargo. Trailer.

Inland Marine (Tools & Equipment)

Covers tools, equipment, and materials in transit or at job sites

Critical
Typical limits: $50K–$500K per truck (full-value)

What it covers

Customer goods in transit (cargo). Movers are governed by state/federal valuation rules — $0.60/lb default vs. full-value protection.

Common misconception

Customers think their goods are 'fully insured.' Default released-value protection is $0.60 per pound — a $2,000 TV weighing 50 lbs is covered for $30 unless full-value purchased.

What it does NOT cover

Items not on inventory. Mysterious disappearance. Items packed by owner (PBO) — limited liability.

The gap — what happens without it

Truck fire destroys household goods. With full-value coverage purchased, claim pays $80K. Without it, default released-value pays $4K.

What drives your premium

Cargo value, claims

Endorsements to ask about

Full-value protection. Newly acquired property.

Important Coverage

Commercial Umbrella

Extends limits above your primary policies

Important
Typical limits: $1M–$5M

What it covers

Excess over auto/GL/EL.

Common misconception

Severe auto claims push past $1M.

What it does NOT cover

Punitive (some).

The gap — what happens without it

Multi-vehicle accident hits $2.4M — umbrella covers excess.

What drives your premium

Underlying, fleet, claims

Endorsements to ask about

Follow-form.

Not sure what you need?

Text us your trade and state — we'll tell you exactly what coverages apply to your business and shop the market for the best rate.