Update on commercial liability insurance policies for sellers
On June 13, 2022, we updated our Commercial Liability Insurance policy to require zero-deductible policies from sellers.
Following this update, a number of sellers told us about the challenges they face in procuring zero-deductible policies. We thank our sellers for this feedback, and we won’t proceed with this change.
We will continue to allow policies with deductibles for sellers on Amazon, and have reverted to our previous policy requirement:
The deductible for any policy(ies) must not be greater than $10,000 and any deductible amount must be listed on the certificate(s) of insurance.
We will reflect this update on our Commercial Liability Insurance policy in the coming days. For more information, go to Business Insurance and A-to-z Claims Process for Property Damage and Personal Injury.
Seller_sLvCKHqdRqaKe
See!.. They do listen! Thank you!
Seller_qu5sni5sssmqj
Thanks very much.
It’s always refreshing when common sense prevails!
Seller_Om4IZ0kZUnFbF
Hopefully they will also listen to the mass of sellers who wish to keep the old Send/replenish inventory workflow.
Seller_bQBd2zL1tMiHF
Cool. Can we also revisit free returns on fashion items? Sellers should have the option to charge return shipping on discretionary returns.
Seller_jFgDhPn8WVl8r
Chubb General Liability Insurance Policy bought through Amazon Accelerator program has a 0 deductible automatically. Our liability insurance is $250 per year for sales under $100,000.
Seller_4K7eqIN4GuF2E
I guess Amazon realizes cutting off their nose to spite their face is not a good idea. Until the next time that is.
Seller_nstkdGWZl0SW0
I am glad someone is humble enough to do this and state this publicly.
Seller_6yN10gUtx1j5j
great… as on any given 2 week period - amazon is holding thousands of dollars from many of us sellers - the -0- deductible made no sense… on top of being hard to find for a reasonable amount.
Seller_qtcrOMsXAQy6A
One of the insurer’s that Amazon referenced with a link last year, offers great rates for under $1,000,000 gross sales with no deductible.
Seller_5UGvn0A0Prlh6
Is this insurance for foreign sellers?
