Moving companies generally provide transport insurance, which may not be adequate or proportionate to the value of transported goods. Additional insurance may be purchased in such cases. Insurance coverage is crucial in any moving or transportation process, especially when it involves highly valuable items. Without it, clients do not have the right to recoup an amount in the case of lost or damaged belongings due to the move.

Insurance covers clients against losses that are beyond the limits established by industry standards, as stated in the moving company's terms and conditions. It also covers clients against risks that moving companies normally exclude when allowing recourse to compensation. Most importantly, third-party insurance for moving and storage can be tailor-suited to match the requirements of clients. Furthermore, cargo insurance providers often provide underwriting, claims, recovery, loss control, and risk management services, which are highly needed by businesses.