The couple claims the glasses they bought on Amazon did not protect their eyes during the solar eclipse and ruined their vision.Īs a seller, you may not think such a simple product would harm anyone, but accidents do happen. Take the case of a couple suing Amazon for faulty solar eclipse glasses as an example.
The reason behind this rule is very simple: To protect yourself/your company’s assets and cover any financial obligations resulting from accidents, injuries, or litigations.Īnd while the chances of a customer suing you may be low, it’s better to err on the side of caution - and adhere to Amazon’s rules. Amazon does not want the responsibility and it is up to you, as a business owner and Amazon seller, to have the proper insurance.
You may be thinking, “Well if anything goes wrong Amazon has my back, right?” If you’re like many new or experienced sellers, you probably didn’t realize that Amazon, at some point, requires you to have product liability insurance. Why do you need insurance to sell on Amazon?
Why you need insurance to sell on Amazon. If you’re selling on Amazon, you need to treat it like any other business, and having the proper insurance to protect yourself and your business is part of that. Contact us today to discuss solutions for your transportation risk management program.Side note : This is why it is very important to read Amazon’s TOS before you open an account and start selling. Employer Liability not less than $100,000 per occurrenceĪs always, you can count on the commercial truck insurance professionals at The Daniel & Henry Company to assist you through challenging claims and all of our insurance, risk management, and safety issues. Workers’ Compensation insurance in all jurisdictions where your company operates. Auto Liability not less than $1,000,000 per occurrence, including a trailer replacement coverage of $50,000. Commercial General Liability not less than $1,000,000 per occurrence and $2,000,000 in the aggregate. All required insurance policies including:. A Federal Motor Carrier Safety Administration (FMCSA) Safety Rating of “Satisfactory,” “None,” or “Not Rated”. A “Carrier” entity type that is Authorized for Property and for Hire. An active DOT number with interstate authority and a valid MC number. Here are the Amazon Relay Insurance Requirements: Amazon is everywhere and they also have some great programs available for owner operator & truck drivers.Īmazon Relay provides carriers access to their freight network, giving fleet owners and owner operators the opportunity to grow their truck driving businesses. It’s not very often I can make a trip home after picking up my kids from school and not see an Amazon delivery vehicle. What are Amazon Relay Insurance Requirements?
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