Moving company insurance: A specialized policy for you. With Americans moving an average of 11.7 times in their lifetime, the moving industry is a thriving one, generating about $86 billion by relocating 31 million people annually. This vibrant industry presents a promising opportunity for many to start their own successful moving business.
In 2022, 738,969 people moved to Florida, while 489,906 left for other states. Numerous moving companies specialize in local moves, long-distance relocations, residential and commercial services, and packing and storage solutions.
If you’re considering starting a moving company in Florida, it’s not just crucial but a necessity to register your business with the Florida Department of Agriculture and Consumer Services (FDACS). This process requires a certificate of insurance that includes a minimum of $10,000 in liability coverage per shipment. Additionally, you’ll need proper motor vehicle coverage, including liability policies for bodily injury and property damage. These insurance measures are not just essential, but they provide a solid foundation for the safety and security of your business.
Another crucial aspect of your moving business is workers’ compensation insurance. This insurance covers your employees’ medical bills in case they get injured on the job, such as [specific examples of injuries], showing your commitment to their well-being and safety.
In short, without the necessary insurance, you risk [specific consequences], which could hinder your ability to operate successfully. Therefore, it’s crucial to protect your company, your workers, and your clients’ belongings with the right insurance.
As you can imagine, every moving company has no one-size-fits-all insurance solution. Each business is unique based on its workload and specialization. So, whether you’re considering launching a moving business or already have one and need affordable commercial insurance, rest assured that Univista Insurance understands this. Our specialized agents will work with you to tailor the proper protection for your company’s size and the type of work you do, making you feel valued and understood.
Don’t wait—ensure that no unforeseen obstacles stand between you and your entrepreneurial dream! Moving company insurance: A specialized policy for you.
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