E-commerce merchant
Running your own business comes with plenty of achievements, but every business also has its own risks.
Everything you need
Why do e-commerce merchants need insurance?
E-commerce businesses are often left in the dark when it comes to protecting what they have built. No matter what type of e-commerce business you operate, each one comes with a particular set of common risks. Obtaining the right insurance is crucial to protect your business from:
Loss Prevention
- Lost, stolen, or damaged property and inventory
Lawsuit
- Reputational damage and customer lawsuit
Accidents
- Employees accidents and injuries
Disruption
- Business interruption and lost income
Defects
- Defective or malfunctioning products
Online Presence
- Cyber security
What does e-commerce merchant insurance cover
Choosing the right e-commerce business insurance can help protect you from costly risks and liabilities, but the right policies for your business will depend on the services you offer.
Here are some of the most popular insurance policies for e-commerce businesses, covering the most common risks you'll face as an e-commerce business owner:
Bodily Injury
Someone other than you (or an employee) is injured and your business is responsible for medical, legal and damages.
Third-Party Property Damage
Customer property is damaged by you (or an employee).
Advertising and Reputational Injury
Your business is accused of copyright infringement, malicious prosecution, slander, libel, wrongful eviction and violating a person's privacy.
Product Liability
Products developed or sold by your business harm people or property, and your business is responsible for legal and medical expenses.
What types of e-commerce merchant do we cover?
Business-to-Business Sellers
Direct-to-Consumer Sellers
Drop-shippers
Arbitrage Sellers
Domestic Sellers
International Sellers
Wholesalers
Subscription Sellers
Third-Party Marketplaces
How much does e-commerce merchant insurance cost?
Coverdash helps you identify the appropriate coverage to suit your e-commerce business needs without breaking the bank. The exact amount you pay will depend on:
- The type of e-commerce business you operate
- Your revenue and employee payroll
- Your number of employees
- Your business location
