Umbrella Insurance: A Key Requirement for Military Moving and Storage Providers

Military moves demand adherence to strict regulations and standards. Moving and storage companies wishing to assist military personnel with their needs must work through HomeSafe Alliance, the U.S. Department of Defense’s (DOD) exclusive military household goods move program manager.

In alignment with the DOD’s standards, HomeSafe Alliance carefully vets organizations and requires member companies to carry a $3 million umbrella insurance policy. This post explains the role of umbrella coverage, how the policy impacts military providers and how it benefits military families.

The Role of Umbrella Liability Coverage

An umbrella insurance policy provides extended liability coverage, safeguarding providers against large claims that exceed standard policy limits. This is especially critical for military move providers, who may handle complex relocations, high-value items, unique challenges or specialized equipment. The umbrella policy ensures financial protection in the rare event of significant damage and maintains the trust and reliability required for military moves.

How the Umbrella Coverage Requirement Impacts Service Providers

HomeSafe Alliance’s umbrella insurance requirement ensures that service providers are fully equipped to meet the expectations of the Department of Defense and other oversight entities. By complying, alliance members achieve the following:

• Enhanced Credibility: Meeting HomeSafe Alliance’s insurance standards positions providers as trusted partners in military relocations.
• Comprehensive Protection: An umbrella policy assures providers are prepared for unforeseen liabilities, crucial in maintaining contracts and trust.
• Reputation for Excellence: Being part of a network that prioritizes military standards and quality reflects positively on providers' commitment to serving those who serve our nation.

How Military Families Benefit from Umbrella Coverage

HomeSafe Alliance’s insurance requirements translate into peace of mind for military families. Knowing that service providers are comprehensively insured and thoroughly vetted ensures confidence in the relocation process, reducing stress during what can be a challenging time.

Securing an Umbrella Policy

By maintaining rigorous insurance standards, HomeSafe Alliance demonstrates its dedication to protecting its clients, partners and the military families it serves. This umbrella insurance requirement underscores their commitment to reliability and trust, setting a high bar for the moving and relocation industry.

Aegis Insurance Services Powered by Hylant is staffed with experts on handling insurance and risk management for military movers. We offer the same reliability and trust that military personnel have come to expect from HomeSafe Alliance members.

If you provide military moving or storage services, we can help you navigate the insurance landscape and give you options to meet or exceed HomeSafe Alliance's contractual requirements. Contact us for more information.

Related Reading: How to Properly Lift Heavy Loads

The above information does not constitute advice. Always contact your insurance broker or trusted advisor for insurance-related questions.