Protect Your Amazon Business with Product Liability Insurance

What is Product Liability Insurance for Amazon Sellers

Hey there fellow Amazon sellers, it's Vova Even here, Amazon seller!

Today we're going to talk about product liability insurance for Amazon sellers.

It's essential for your business.

The article is based on my video with Amit Batzir from Spott. He is the person in the picture above.

Unfortunately, Spott is no longer in business, as of now.

Currently, my go-to person for insurance for Amazon products is Alex Vasko.

You can also find Alex on Telegram, his handle is @amzassist

Let Alex know I referred you, he'll get you a great deal, I promise.

What is Product Liability Insurance For Amazon Sellers?

First things first, let's answer the most crucial question: what is product liability insurance for Amazon sellers?

Simply put, it's insurance that covers you against any physical or bodily damages that can be caused to a customer by using your product.

For instance, if you sell a product that malfunctions and causes harm to someone, you could be held liable for any physical or property damages that result from it.

That's where product liability insurance comes in. It protects you from any legal liabilities that might arise from such incidents.

Amazon's New Policy

Now, you might be wondering why we're talking about this all of a sudden.

Well, Amazon started requiring all sellers to have liability insurance in place recently.

This was after they started getting sued for things that were sold on their platform.

Customers didn't care if it was my or your equipment they bought; they bought it on Amazon.com.

Customers started complaining to Amazon, and that's why Amazon decided to ask sellers to get insurance.

How To Get Product Liability Insurance

Don't worry, it's pretty easy to get product liability insurance for your business.

You can do it through Alex Vasko.

You can also find Alex on Telegram, his handle is @amzassist

I've gotten insurance from him twice, and I'll do it again in the future.

Let Alex know I referred you, he'll get you a great deal, I promise.

The Wrap Up

So, to sum it up, product liability insurance is essential for Amazon sellers, and it's something you need to have in place to sell on Amazon.com.

I'd also recommend you read about the factors that influence the cost of Amazon product liability insurance.