Amz Requested Proof of Insurance


#1

Just received notification from underwriter that a Certificate of Insurance was requested by Amazon the “Certificate holder”. Thought this was interesting and caught me by complete surprise. Anyone else experience this? Is this cause for concern? Thoughts.


#2

It’s been discussed for 17 days.


#3

if you are just retailing someone elses product do we need to carry insurance if the manufacture does?


#4

If you sell, you need insurance. There are laws about this. If you sell on Amazon you need insurance (section 9 of the ABSA existed before I became an Amazon Seller).

Ask you agent if requiring your suppliers to add you as an additional insured will reduce your premium.


#5

I got a notice as well to provide liability insurance. I only make between 3000-4000 per month in sales and the threshhold is supposed to be $10,000. I sell sewing patterns and yarn. I tried to call Amazon to dispute but they say I need to have it. Anyone else having this issue? I’ve sold on Amazon for over 10 years and now it will probably end. I used to have liability insurance for my business when I made more money but can no longer justify the cost.


#6

Have you tried using Amazon’s insurance accelerator? Many sellers report getting rates from them in the hundreds of dollars a year. You’re not selling in a high-risk category, your rates should be very low and affordable.

Business insurance is a business expense and can be written off on your business taxes.

This shouldn’t be the end of the world for anyone.


#7

Technically, you were required to have insurance always, Amazon wanted documentation at $10K or whenever… This is whenever, there is nothing to appeal. Any attempt at appeal would start out with I broke the rules and didn’t have the requisite liability, but… Which is never a good start.


closed #8

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