Insurance Recommendation
Hello
I hope YOU are doing good
We are looking for a company (recommendation) which can guide us on which insurance would be best suited for our business
We are just starting to sell on amazon
So we need insurance to protect our inventory in case of damages while shipping
We will be selling on Amazon UK
Goods Value is around 4$k
So can YOU guide which insurance we would go with and how much it would cost?
Thanks
Seller_64jziShTiTjOq
As @BonChoixUK said, you really need to ask an insurance broker who can understand your business needs and find a suitable insurance policy
6 replies
Seller_PUgTge8LPB8FY
You should look for a commercial insurance broker who can assist you on the basis of your business needs. I wouldn’t use the sellers’ forum for this purpose.
Obviously, you’ll need liability insurance in addition to insurance against shipping damage.
Seller_64jziShTiTjOq
and insurance for your premises if you are storing goods yourself - to cover not just the value of the stock but any special risks they pose - fire, flood, fumes etc
Seller_dfGEQLlCWPcqq
Thanks
We are using FBA and as I am new to this amazon FBA
Other than product liability insurance is there any insurance that can protect our inventory from damages caused while shipping?
Seller_64jziShTiTjOq
As @BonChoixUK said, you really need to ask an insurance broker who can understand your business needs and find a suitable insurance policy