Choosing a Mover - Quality Assured Mover Guidelines
Insuramove has modeled its QAM Qualification Guidelines on the processes used by Property & Casualty Insurers in assessing the risk of Moving & Storage companies. This risk information is used in determining whether the insurance company is willing to carry that company's risk and what rates will be charged for the policies. In the Moving & Storage business, a company's attention to loss prevention, safety and risk reduction correlate directly to the quality of the services provided to its customers.
Insuramove validates QAM data in a number of ways.
Federal Motor Carrier Safety Administration (FMCSA) Database
SafeStat (short for Motor Carrier Safety Status Measurement System) is an automated, data driven analysis system designed by the Federal Motor Carrier Safety Administration (FMCSA). SafeStat combines current and historical carrier-based safety performance information to measure the relative (peer-to-peer) safety fitness of interstate commercial motor carriers and intrastate commercial motor carriers that transport hazardous materials. This information includes Federal and State data on crashes, roadside inspections, on-site compliance review results and enforcement history. SafeStat enables FMCSA to quantify and monitor the safety status of individual motor carriers on a monthly basis and thereby focus enforcement resources on carriers posing the greatest potential safety risk.
The States are required to provide standard, basic information about large truck and bus crashes to FMCSA within 90 days of the crash event, and the results of roadside inspections within 21 days of inspection. However, the completeness, timeliness and accuracy of crash data - and to a lesser extent roadside inspection data - vary from state-to-state. Accordingly, SafeStat's ability to accurately and objectively assess the safety fitness of individual motor carriers may be inconsistent and not conclusive without additional analysis.
Data Submitted by the QAM Applicant
Our QAM applicants provide much of the data on their internal procedures, training and screening programs. These are periodically validated by either Insuramove or our insurance underwriters through on site audits.
Data from Insuramove Claim Statistics
Insuramove's insurance underwriters issue thousands of transit policies annually. Claims statistics from these policies are included in the QAM review.
Underwriter's Insurance Data
Insuramove's insurance underwriters provide business property and casualty insurance to a large segment of the moving industry. As a result, they have access to information on truck accident claims, workers compensation claims, and of course cargo loss and damage claims of the movers that they insure.