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Who needs E-commerce Insurance?
Whether you run a dropshipping company or manufacture your own products, when it comes to business, insurance is critical to ensuring the long-term survival of your e-commerce store.
Some of our clients include:
- Dropshipping Companies
- Subscription Companies
- E-Commerce Retail Stores
- Wholesale Companies
What is the cost of E-commerce Insurance?
- Sales Volume
- Type of Products Sold
- Value of Inventory
- Number of Employees
Insurance policies for high-risk or expensive products, like fireworks or luxury watches, will have a higher premium.
Getting insured is quick and easy!
If ecommerce insurance is what you need, request a free quote now
Common scenarios where E-commerce Insurance is useful
Problem: Your data systems are hacked and your customers’ financial information is compromised.
Outcome: Your Cyber Liability Insurance covers the cost to repair your data systems, as well as legal fees, totaling $225,000.
Problem: A house fire destroys your home office, including your inventory.
Outcome: Your Business Interruption Insurance covers income lost during the three months it takes to repair your office and replace your inventory, totaling $15,000.
Problem: A client claims a product you sold them malfunctioned and caused severe burns.
Outcome: Your client successfully sues for bodily injury. Your Product Liability Insurance covers the legal expenses and medical fees, totaling $89,000.
Which professions require Ecommerce Insurance
Regardless of the type of online business you run, e-commerce insurance is critical:
Fashion – clothing
AR/VR headsets and equipment
Online learning platforms
Grocery and food
Healthy pet snacks
Cell phone accessories
Frequently Asked Questions about Ecommerce Insurance
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