What type of insurance do moving companies need?
I am starting a moving company. I just wanted to know what type of insurance i would need to cover costs in case an accident happens and the movers break something expensive.
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Apr 5, 2016
In general there will be two types of coverage companies offer. One if basic coverage in which there will be a fixed standard coverage amount pre decided by the Insurance company based on rough estimate. Second one is extended coverage where you can set a premium value for goods as per market price (good valued at market at showroom rate). This should attract some amount of fee from customer as insurance fee.
Mar 27, 2016
Karl,
try these folks www.hiscox.com/
they have a great support structure, call them for advice & a quote.
Not affiliated, just a satisfied customer.
Good Luck!
Doug
Thank you Doug for taking the time to answer my question. It is just the answer I needed