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5 Replies Last post: Oct 6, 2009 8:45 PM by movingup7

What kind of business insurance is needed?

Sep 30, 2009 10:23 PM

Click to view movingup7's profile Professional movingup7 3 posts since
Sep 30, 2009
I am starting a moving and storage company. I am unsure of what types of insurance I need to purchase and how to get bonded. Can you help me?
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Click to view LUCKIEST's profile SCORE LUCKIEST 7,933 posts since
Aug 6, 2007
1. Re: What kind of business insurance is needed? Oct 1, 2009 8:49 AM
What kind of business insurance is needed, Welcome

Everybody starting a business should have an accountant, a lawyer and an insurance agent.

Talk to your professional. Good luck, LUCKIEST
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Click to view movingup7's profile Professional movingup7 3 posts since
Sep 30, 2009
2. Re: What kind of business insurance is needed? Oct 1, 2009 6:33 PM
in response to: LUCKIEST
who are good insurance agents? I looked into the banks but are they the best options?
Click to view LUCKIEST's profile SCORE LUCKIEST 7,933 posts since
Aug 6, 2007
3. Re: What kind of business insurance is needed? Oct 2, 2009 1:10 PM
in response to: movingup7
Business insurance, Where are you located??

Have you tried the yellow pages??
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Click to view cutcomp's profile Mogul cutcomp 28 posts since
Apr 23, 2009
4. Re: What kind of business insurance is needed? Oct 6, 2009 8:20 PM
For a moving and storage business, you're going to need the usual types of business insurance along with some specialized kinds of coverage. You would be well advised to find someone with some familiarity with insuring that kind of business. A trade association might also help you with that.

Off the top of my head, you will need Workers Compensation, General Liability, property insurance for your own property, then Warehouse Legal Liability and specialized coverage for the goods you are transporting. Also Auto Liability and auto physical damage coverage for your trucks. Probably Umbrella liability on top of all the other liability coverages.
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Click to view movingup7's profile Professional movingup7 3 posts since
Sep 30, 2009
5. Re: What kind of business insurance is needed? Oct 6, 2009 8:45 PM
in response to: cutcomp