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When you’re researching a company you are thinking of using, you sometimes read on their website, “licensed, bonded and insured.” But what does that mean, exactly? Sullivan Moving & Storage explains below how licensed, bonded and insured companies are more trustworthy than their laissez-faire counterparts.
Arizona does not require local moving companies to have a license to operate. However, other types of licenses come into play for movers in Phoenix. For instance, moving companies in Phoenix must declare their vehicle gross weight to the Department of Transportation.
Also, the drivers of our larger moving trucks need commercial driver’s licenses.
Truly, the moving and storage business in Phoenix is not heavily regulated, and it puts the burden of vetting moving companies on the consumer. Sullivan Moving & Storage offers our 100+ years in the business as proof of our trustworthiness and expertise.
Insurance is important for any business, but especially the moving business. The likelihood of accidents or other issues is higher with moving companies than it is in, say, the clothing boutique business. But no business owner should be without insurance.
Our insurance covers us if any of your items are damaged or destroyed in the move, and it covers any damage to the space you are leaving and the space you are moving to. Our insurance also covers our workers and drivers in case they are injured while doing their jobs.
What is bonding? When a company says they are bonded, that means they have put up a bond to cover any expenses that their insurance company will not cover. Insurance companies are notorious for including clauses that release them from having to pay certain claims. Further, they often put caps on how much they will pay for a claim.
That’s where bonding comes in. When you use a company that’s bonded, you never have to worry that you will have to accept less compensation if anything should go wrong.
Movers that are not licensed, bonded and insured may be new to the business and trying to save a buck. You can understand their logic, but you don’t want to take a chance on using a company like this, even if the price is lower. The risk just isn’t worth it.
Any company that has been in business for years and is still not licensed, bonded and insured should raise suspicion. If a moving company is not making enough money to afford licensing, bonding and insuring after years in the business, there’s a reason and it’s not a good one. Or, if they are making enough money but choose to use it elsewhere, this demonstrates a lack of good planning.
Trust the movers at Sullivan Moving & Storage. We stand behind our reputation as one of the best moving companies in Phoenix. Whether you are looking for a local moving company or long-distance movers, we’re the team to rely on. Contact us today to book your move or get an estimate.
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