If you are a moving business, then it is important that you are fully insured. You won’t obtain a license without adequate business insurance. The next important thing is the customer’s insurance. It is not something that you ever want to have to use, but it is important that a customer protects their property in case the worst does happen.
In a tight economic climate, using the cheaper option is the one that many people pick. The problem is though you get what you pay for and that might not end up as cheap as you thought. This applies to the moving industry where many people think that moving themselves is the easy and cheapest option. Convincing potential customers that they are putting more at risk than they realize, is just part of the sales team’s area of expertise.
Insurance premiums are part of running every business but for moving business it is important for your trucks and driver. Sometimes the minimum coverage is set by a governing body to ensure there is enough protection if there is ever an accident. It means there is sufficient money to cover expensive costs incurred by the individual hurt in an accident.
Discussing federal and state safety regulations that all moving companies must adhere to is important. There are factors that have the potential to lower a business’s score due to minor infringements, which are easily correctable. The AMSA 2014 National Safety and Operations Conference gave moving businesses the chance to learn more in October.
The Tristate Household Goods Tariff Conference Inc. is still going strong since its conception in 1936. In that time it has seen many changes, but what has not changed much is the executive secretary, Kenneth Sataloff. He has held this position since 1973 and still has little intention of giving up the post even though he has recently celebrated his 70th birthday.
It is important that if an accident occurs there is adequate money in the monies claimed to pay for all expenses, including adequate medical care. Unfortunately, the view of the FMCSA in their latest report presented to Congress indicated that the limits were set too low.
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