What Type of Insurance Coverage for the Amazon Vendor?

If you are involved in e-commerce by selling online, you might realize that you face similar risks as other business. Those involved in the Amazon marketplace are required by the company to obtain a certain amount of business coverage up to $1,000 per occurrence:

• Commercial general liability insurance

• Bodily injury insurance

• Personal injury insurance

• Property insurance

Amazon vendors need to realize that this is limited coverage that will not protect them if losses necessitate a larger claim. Like any business person, those involved in e-commerce need to assess their needs and acquire appropriate related insurance protection.

General Liability

General liability insurance is a basic coverage for the online seller – as it is traditional brick and mortar retail outlets. It is there to protect your business from liability to:

– Injuries

– Negligence

– Accidents

If a related lawsuit occurs, this insurance can pay for payment you are judged to pay and legal expenses.

Products liability coverage generally is tied to this policy. It protects the manufacturer or seller in regard to bodily injury or property damage to a third party that occurs because of a faulty product.

There are instances, however, when this form of coverage does not help. Why? In the event a seller is not rated appropriately and files a claim, he or she may get a ‘no’ from the insurer.

Take the case of Mary – an Amazon vendor that successfully sold skin care products to an online market.

All was fine, business-wise, for Mary until the fateful day when a consumer sued her in relation to a serious skin flare-up credited to the creams sent to her by Mary. When Mary filed a claim, she was in for a shock: the insurance company denied coverage because her policy was wrongly rated as an internet retailer. As someone that placed her company labels on her creams, she should have been rated ‘a manufacturer’!

Too bad her agent did not catch the mistake! The financial consequences had a far-reaching effect, eventually forcing her to file for bankruptcy.

While this spells out the urgency of being on the lookout for problems with a policy, there are other forms of coverage that an Amazon seller needs to be highly cognizant of.

Other Policies for the Amazon Seller

One of the chief concerns any Amazon seller has is the possibility of being suspended from the Amazon network of sellers. If this occurs, the loss of income can be substantial. Amazon Suspension Insurance Policy is the number one coverage that is recommended for the industry across the board.

Other insurance policies to consider are:

• Business Auto

• Workers Comp

• Umbrella/Excess

• Cyber Liability

• Ocean Marine

• EPLI

Of course, nothing takes the place of speaking to an insurance professional that will steer you to a tailored insurance program made for you.



Source by M Wyzanski

Auto Repair Shops Adopt Environmentally Responsible Practices

It's taken a long time to realize that some of the things that we humans did in the past are not the best practices for a healthy environment. Most everyone is now aware that it is important to include environmentally friendly practices in all that we do. This is as true for auto repair shops as it is for our households.

How can an auto repair shop reduce the negative impact on the environment?

Here are some good practices that an auto shop can adopt:

Recycle
Recycling antifreeze, oils, lubricants, air conditioning refrigerant, tires, oil filters are pretty much obvious and often required by law, but what about cardboard, paper, plastics, metal, fluorescent bulbs, glass and other objects so easy to just dump into the garbage bin? It takes a bit of time to sort everything, but if you have a system set up, then it only takes a few minutes every day.

Return Center
In addition to recycling your own shop use the products, make a return center for items such as used automotive lubricating oils, filters, antifreeze, used plastic oil and antifreeze containers and all types of batteries. In our shop we gladly accept liquids up to 20 Liters maximum, in sealed containers during business hours. It just makes good sense and provides convenience to customer who may otherwise have to go out of their way way to get rid of these items.

Recycled Oil
While we do not dispute the method or intention, we are not convinced it is a viable option for sophisticated modern engines like most cars have today. A better alternative is to have the waste oil removed by a government certified hauler to be consumed as fuel in large industrial plants. This gives the oil a new life and it is re-used in a responsible way.

Good Use of Recycled Products
Where it makes sense to use recycled products we do, for example recycled engine antifreeze and coolants where the process is up to standards of the original equipment manufacturer of the vehicle it is going to be used in. This is about two thirds of the coolant we use.

Automobiles
Let's face it, automobiles are mobile hazardous waste generators, even when they are sitting still. We have not found a way yet to achieve a near zero auto carbon footprint but it is our responsibility to reduce that negative impact as much as possible. That responsibility is shared by the car owner as much as it is by the shop that services that car. A car running in top shape does more than just reduce carbon emissions, a car service shop that adopts environmentally friendly practices contributes to a community's well being.



Source by Scott Waddle

Car Breakdown Abroad – Planning Ahead

We've all heard time and again that it's important to read the fine print. This is especially true when it comes to automative insurance, particularly coverage for driving in foreign countries. Missing one small detail could mean a lot of hassle for you and your companions.

When you are in the market for car insurance overseas you want to think ahead. Consider situations that you wish to be protected from. What if your vehicle breaks down in a rural area? You may find yourself in need of a return back to civilization, a tow, emergency repairs and replacement parts. These are important parts of quality foreign car insurance. The last thing you need to be worried about after an unpleasant accident is whether or not your insurance provides all the coverage you require.

When your insurance company works for you and your policy protects you from all the things you face, you can rest easy. For those who desire the greatest peace of mind, comprehensive overseas coverage is recommended. This exceeds collision and injury coverage to shield you from natural disasters and civil unrest. With comprehensive coverage you do not need to worry about being told that your policy will not cover the situation you have encountered.

Thanks to the internet we're now able to learn about our insurance policies easily. By utilizing the web to your advantage you will be able to save money by getting the policy you need while making sure that you have done everything possible to save yourself while traveling abroad.



Source by Edward Fresco