At Insurance Canopy, we understand the unique insurance needs of Amazon online sellers. Your products help people all over get through their day-to-day lives and now the small business marketplace is here to help you with your day-to-day business operations by providing you with one of your most important business assets: Amazon sellers insurance.

If you want to succeed in the e-commerce industry, then you need an agent who understands your business and who can find you the best policy for you to progress. Each seller may need different insurance limits based on what they’re selling and how much of it. Insurance Canopy’s team is here to help you succeed and you provide you with your required insurance.

What Does Amazon Require?

In order to sell in Amazon stores, you need an Amazon Selling Plan. These plans allow you to sell products on Amazon and come with strict guidelines for how to prepare to sell. Before you can begin selling products, you need to provide Amazon.com with proof of Commercial Liability Insurance. Amazon states:

“Sellers with professional selling plans on Amazon.com must provide proof of Commercial General Liability insurance. This insurance, obtained at the seller’s expense, shall cover up to $1,000,000 per occurrence and in the aggregate and must include products liability, bodily injury, or personal injury, property damage, and other requirements as stated in the Participation Agreement. The insurance must indicate that ‘Amazon.com, Inc., and its affiliates and assignees’ are added as additional insureds.”

The Breakdown

Three important things:

  1. Amazon needs you to carry General Liability Insurance.
  2. They also want you to be sure that Product Liability Insurance is included in your policy.
  3. They need you to list them as an Additional Insured on your policy.

What Would Insurance Cover?

General Liability

General Liability Insurance protects your business in the cases of bodily harm and property damage. This is for slip-and-fall incidents as well as if someone were to be injured due to your business operations or if you were to drop a box of product and dent the floor, general liability could cover any legal action or medical bills.

Product Liability

Along with being insured against bodily harm and property damage, you also need to have insurance for your products. If someone were to purchase an item from you and that item caused them bodily harm, then you could be on the hook for any legal fees or medical bills on their behalf. With product liability insurance, you have peace of mind that your products are insured.

Questions About Amazon Sellers Insurance

Why Should I Carry Amazon Sellers Insurance?

Carrying liability insurance for your Amazon store is often required of you by Amazon, and even if you aren’t meeting their sales mark to be required to carry insurance, insuring yourself is the best thing for your business. No matter how careful you are in conducting business, something could go wrong and you could get sued.

How Much Is Amazon Sellers Insurance?

Amazon Sellers Insurance policies are priced depending on the product you work with, your yearly sales, your location, and many other factors. To find out your exact quote call our agents today.

Where Do I Buy Amazon Sellers Insurance?

You can purchase your Amazon Sellers Insurance Policy from Insurance Canopy! Insurance Canopy has over a decade of experience writing policies for the most niche of small businesses, and your work in e-commerce is no different. With our experience and ability to find you the best quote for your business, you can trust Insurance Canopy with your Amazon Seller Policy needs.

Have further questions regarding Amazon Sellers Insurance?

Give our team a call today:

880-600-0894