Liability Insurance for Canadian Seller in Canada and US
I have yet to get a reasonable quote on insurance in Canada for my business that sells on Amazon.com and Amazon.ca. It is outrageous really.
$5200 is my quote on a business where I make only about $50K all year. Both in CDN. Revenue was higher but 10% of my profits are going to insurance.
Has anyone found anyone reasonable in Canada to cover their insurance?
Liability Insurance for Canadian Seller in Canada and US
I have yet to get a reasonable quote on insurance in Canada for my business that sells on Amazon.com and Amazon.ca. It is outrageous really.
$5200 is my quote on a business where I make only about $50K all year. Both in CDN. Revenue was higher but 10% of my profits are going to insurance.
Has anyone found anyone reasonable in Canada to cover their insurance?
0 replies
Seller_7djRFe3LutVD0
We were unable to find a reasonable rate for insurance here. After months of chasing quotes, we chose to keep all our sales in Canada due to that very issue. We're small too, for bigger entities it is probably just a usual cost of doing business.
Josh_Amazon
Hello @Seller_z2EMuTXiRA4y5,
Josh here from Amazon. Thanks for reaching out to our Amazon Forums!
Thanks to @Seller_7djRFe3LutVD0for your contribution to this forum. Any sellers with experience on this topic are also welcome to participate :)
You can go to the following links to learn more about this topic:
Intro to commercial liability insurance
Get and submit proof of commercial liability insurance
Please remember that in case you need more help you can always reach out to our Seller Support team.
I hope this information helps.
Kind regards,
-Josh
Seller_xJx7vH6fvZFD9
same issue here. Im still searching I will let you know if i find anything.
5200 seems very high. 50 000 in net profit, right?
