Many people ask why moving is so expensive when they get a quote from a professional mover. Whether you are moving a short distance or a long distance, here are the reasons why moving can be expensive:
Purchasing and Maintaining Trucks
Buying and maintaining trucks and trailers is very expensive. Movers’ trucks are in use every day, so they must be kept in top condition through regular maintenance and routine tire replacement.
The average cost of a 24’ or 28’ moving truck is between $40,000 to $90,000 for used models, and between $130,000 and $225,000 for new. The cost of a new tractor-trailer is between$150,0000 to $250,000. In addition, higher interest rates add more to lease payments or cash purchases.
License and Insurance
Each truck and trailer must be licensed and insured. Due to the nature of the work, it is very costly for insurance coverage on trucks and equipment.
Fuel Costs
The cost of diesel fuel is high. Filling a 24-28’ truck tank with diesel fuel ranges from $350 to $900, depending on the size of the truck. For a tractor-trailer, it is between $1,500 to $2,500.
Moving Equipment
Straps to tie down a shipment in the truck, dollies, appliance carts, forklifts, furniture blankets, and shrink wrap have all increased in price. Packing materials such as cartons, paper, bubble wrap, and tape also increased in price.
Labour and Workers’ Compensation
Wages for good drivers and helpers increased, along with the cost of benefits. In addition, wages and benefits for administration personnel increased as well.
Professional movers also pay a high fee to have Worker’s Compensation (WSIB) coverage due to higher chances of injuries on the job.
Mover Training
Professional movers invest in ongoing training for their drivers, crews, warehouse staff, and administration personnel to ensure customer satisfaction and low claim incidences.
For more information on why moving can be expensive and to get a moving quote, contact Premiere Van Lines. All personnel involved in a move with Premiere Van Lines are fully background checked to ensure peace of mind for our customers.