Market Landscape
A comprehensive analysis of the moving insurance market across national and local levels.
41M
People moved in 2023
$19B
Moving services market
12.1%
Of Americans moved
Key Market Segments
Corporate Relocation
- 450k+ annual moves
- Employer-funded
- High-value shipments
- Comprehensive coverage
Consumer Direct
- Self-funded moves
- Price sensitivity
- Coverage education needed
- Value transparency key
Specialty Moves
- High-value items
- Art & antiques
- Custom coverage
- Expert handling
Provider Analysis
Traditional Providers
Mover Liability
- Released Value (60¢/lb)
- Full Value Protection
- Basic documentation
- Manual processes
Third-Party Insurers
Specialized Coverage
- Custom policies
- Flexible terms
- Higher limits
- Dedicated claims
Current Market Dynamics
Challenges
- Under-valuation chronic
- Documentation gaps
- Process friction
- Claims complexity
Opportunities
- Digital transformation
- Value transparency
- Process automation
- Customer education
Revenue Structure
~1%+
Policy pricing of declared value
10%
Typical commission rate
+20%
Average attach rate lift