Business insurance helps Amazon sellers recover from costly accidents, such as a fire at a storage unit that destroys your inventory. Some policies, like a general liability policy, are required once you sell a certain amount.
These policies cover the most common risks of selling on Amazon.
A business owner's policy, or BOP, is a cost-effective way for Amazon sellers to buy general liability insurance and commercial property insurance together.
This policy covers common third-party lawsuits, such as slip-and-fall accidents. It usually includes product liability insurance for financial protection against harm caused by your products.
Most states require workers' comp for Amazon retailers that have employees. It also protects sole proprietors from work injury costs that health insurance might deny.
This policy helps Amazon sellers survive data breaches and cyberattacks. It's recommended for any shop that handles credit card numbers or other sensitive information.
Umbrella insurance boosts coverage on an Amazon seller's general liability, employer’s liability, or commercial auto insurance policy once the limit is reached on a claim.
Commercial auto liability insurance is usually required for business-owned vehicles. This policy covers accidents involving an Amazon seller's delivery van or other vehicle.
Amazon requires business insurance for Amazon Pro Merchants and sellers with gross proceeds of over $10,000 during any month from sales on its platform. According to the Amazon Services Business Solutions Agreement, the minimum requirements are $1 million per-occurrence and $1 million aggregate limits of commercial general liability insurance and product liability insurance.
General liability insurance often includes product liability insurance, or you can add it as an endorsement. Some sellers may need commercial umbrella insurance (or excess liability insurance) to boost their liability coverage limits.
Sales fluctuate, and you may suddenly find you've hit the threshold where you need insurance coverage – fast.
Amazon sellers can get insured quickly with Insureon if you have your business information on hand. Our application will ask for basic facts about your small business, such as revenue and number of employees. You can buy a policy online and get a certificate of insurance with Insureon in three easy steps:
Insureon's licensed agents work with top-rated U.S. carriers to find coverage that fulfills Amazon's insurance requirements, whether you're an independent contractor or hire employees. Get insured today and find peace of mind knowing your business can survive the unexpected.