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As a restaurant owner, you've poured your heart and soul into creating a thriving business. But have you considered the risks that could jeopardize everything you've built? From kitchen fires to customer injuries, the restaurant industry faces unique challenges that demand comprehensive protection. Business insurance isn't just a smart choice—it's often a necessity for lease agreements and legal compliance. The Importance of Business Insurance for Restaurants Protecting your livelihood is paramount. In the fast-paced world of restaurant ownership, business insurance isn't just a prudent choice—it's often a necessity. Many landlords require proof of insurance before leasing space, and some states mandate specific coverage types. But beyond meeting requirements, comprehensive insurance safeguards your investment and hard work. Shielding Your Assets A Business Owner's Policy (BOP) is the cornerstone of restaurant insurance. This package combines property and liability coverage, protecting your physical assets—from kitchen equipment to dining room furnishings—against damage or theft. It also shields you from common liability risks, such as customer injuries on your premises. Complying with Legal Requirements Workers' compensation insurance is mandatory in most states for businesses with employees. This coverage protects both you and your staff, providing financial support for work-related injuries or illnesses. Failing to carry workers' comp can result in hefty fines and legal troubles. Securing Your Operations Beyond the basics, restaurants face unique risks. Food spoilage insurance can reimburse you for inventory losses due to power outages or equipment breakdowns. Liquor liability coverage is crucial if you serve alcohol, protecting against claims related to intoxicated patrons. By tailoring your insurance portfolio to your specific needs, you're not just meeting obligations—you're ensuring your restaurant can weather unexpected storms and continue serving delicious meals for years to come. Essential Coverages for Restaurants * Property Protection: A comprehensive Business Owner's Policy (BOP) is crucial, typically including property insurance to protect your building, equipment, and inventory. * Liability Safeguards: General liability insurance is a must-have, shielding you from claims related to customer injuries or property damage. For restaurants, it's wise to add product liability coverage, which protects against food-borne illness claims. * Workers' Compensation: Most states mandate this coverage, which protects your employees in case of work-related injuries or illnesses. * Business Interruption Insurance: Consider adding this coverage to your policy to help cover lost income and ongoing expenses if your restaurant must temporarily close due to a covered event. * Cyber Insurance: In today's digital landscape, this insurance can help safeguard your restaurant against data breaches, cyber attacks, and other technology-related risks. Understanding a Business Owners Policy (BOP) for Restaurants A BOP is a cornerstone of restaurant insurance, providing comprehensive coverage tailored to the unique needs of food service establishments. This policy combines several essential protections into one package, offering both convenience and cost-effectiveness for restaurant owners. Why Workers' Compensation Insurance is a Must It's a legal necessity in most states, protecting both your business and your employees. Without proper coverage, your restaurant could face significant financial strain. By investing in workers' comp, you're creating a safer, more secure work environment and demonstrating your commitment to your staff's well-being. Conclusion Comprehensive business insurance safeguards your restaurant against unforeseen risks, ensuring continuity in the face of adversity. From meeting lease requirements to shielding your property and employees, the right coverage is essential. By investing in proper insurance, you not only comply with legal obligations but also secure peace of mind. Don't wait until an incident occurs to recognize the value of proper insurance protection. Coverdash can help you secure the coverage your business needs to thrive. By leveraging our access to over 30 leading insurance carriers, we can provide you with customized solutions at the best possible price. Get your free quote today and ensure your restaurant has the protection it requires to succeed.

As a business owner, you have a legal obligation to protect your employees. At the core of this responsibility is Workers' Compensation insurance - a coverage that not only safeguards your workforce but also shields your company from significant financial and legal risks. Meeting the Legal Mandate for Workers' Compensation In most states, businesses with employees are legally required to carry Workers' Compensation insurance. Failure to comply can result in severe penalties, including hefty fines, stop-work orders, and even criminal charges. Maintaining the proper coverage is not just a best practice - it's an essential element of operating a compliant business. Beyond Legal Compliance While meeting state regulations is critical, Workers' Compensation insurance offers far-reaching benefits that go beyond mere legal obligations. This coverage: * Ensures your workers receive prompt medical care and lost wage replacement after a workplace injury or illness * Protects your business from costly lawsuits related to on-the-job accidents * Demonstrates your commitment to employee well-being, aiding talent attraction and retention Comprehensive Protection for Your Workforce and Business Workers' Compensation insurance shields your company from a wide range of workplace risks, including: * Occupational injuries and illnesses * Permanent disabilities resulting from job-related incidents * Fatalities occurring on the job By having this coverage in place, you're providing your employees with peace of mind while also safeguarding your own financial stability and business continuity. Choosing the Right Workers' Compensation Policy When selecting a Workers' Compensation insurance plan, be sure to consider: * Your industry's unique risk factors and required coverage levels * Applicable state regulations and compliance standards * Your company's safety programs and risk management strategies * The financial strength and claims handling capabilities of potential insurers Don't Wait Until It's Too Late As a responsible business owner, you can't afford to overlook the legal requirements and strategic importance of Workers' Compensation insurance. Failing to have the proper coverage in place can expose your company to significant risks, liabilities, and operational disruptions. Partner with Coverdash to secure the Workers' Compensation protection your business needs. By leveraging our access to over 30 leading insurance carriers, we can provide you with customized, cost-effective solutions tailored to your specific requirements. Get your free quote today and ensure your workforce and company are safeguarded against the unexpected.

As a new business owner, you've poured your heart and soul into launching your venture. But have you considered how to protect it from unforeseen risks? General Liability insurance is a crucial safeguard for your fledgling enterprise, shielding you from potentially devastating financial losses. This type of coverage not only protects against common business risks but also opens doors to essential opportunities. From securing loans to leasing commercial space, proof of insurance is often a requirement for critical business transactions. In this blog post, you'll discover why General Liability insurance is indispensable for your new business and how it can pave the way for your company's growth and success. Protection Against Common Business Risks General liability insurance covers various scenarios, including customer injuries on your premises, property damage caused by your operations, and even legal costs for defending against lawsuits. By having this coverage, you're protecting both your assets from potential financial losses that could otherwise cripple your new venture. Demonstrating Business Maturity Beyond financial protection, general liability insurance serves as a signal of your business's responsibility and maturity. Many stakeholders, including customers, landlords, and lenders, view this coverage as a mark of professionalism. It demonstrates that you're prepared to handle potential risks, which can be particularly important for new businesses seeking to establish credibility in the market. Key Coverages Provided by General Liability Insurance * Bodily Injury Protection: This coverage helps shield your business from costs associated with injuries that occur on your premises or as a result of your operations. * Property Damage Coverage: If your business operations cause damage to someone else's property, this aspect of general liability insurance can help cover the costs of repairs or replacements. * Personal and Advertising Injury: This coverage protects against claims of libel, slander, and copyright infringement, which is particularly important for businesses with a strong online presence or those engaged in marketing and advertising activities. * Legal Defense and Settlements: Perhaps one of the most valuable aspects of general liability insurance is its provision for legal defense costs and potential settlements, which can be essential for protecting your business's financial stability. When Proof of General Liability Insurance is Required * Contractual Obligations: Many clients, especially larger corporations, will insist on seeing a Certificate of Insurance (COI) before engaging your services. This document verifies your coverage and protects both parties from potential financial risks. * Leasing Commercial Space: When seeking to rent office or retail space, landlords typically require tenants to have General Liability Insurance. This coverage demonstrates your business's responsibility and protects the property owner from potential lawsuits arising from incidents on their premises. * Securing Business Loans: Financial institutions often view General Liability Insurance as a sign of a mature, responsible business. Having this coverage can make your business a more attractive candidate when applying for loans or lines of credit, and in some instances, it may even be a requirement to secure a loan. Choosing the Right Policy When selecting a general liability insurance policy, consider: * Industry-specific risks and appropriate coverage limits * Additional endorsements that might be necessary for your specific operations * The policy's coverage territory and whether it matches your business operations footprint Conclusion: Safeguard Your Business's Future with General Liability Insurance As a new business owner, your primary focus is on driving growth and realizing your vision for success. However, it's essential to also protect your venture with the right general liability insurance coverage. From customer injuries and property damage to advertising mishaps and legal challenges, a range of risks could significantly impact your ability to operate and expand. The right general liability policy not only provides vital financial protection but also demonstrates your business's commitment to responsible operations and professionalism. By investing in this coverage today, you're not merely safeguarding your assets—you're laying the foundation for sustainable growth and establishing credibility with stakeholders, clients, and partners. Don't wait until an incident occurs to recognize the value of proper insurance protection. Coverdash can help you secure the coverage your business needs to thrive. By leveraging our access to over 30 leading insurance carriers, we can provide you with customized general liability solutions at the best possible price. Get your free quote today and ensure your venture has the protection it requires to succeed.

As a florist, your passion for creating beautiful arrangements brings joy to your customers, whether for weddings, birthdays, or simply brightening someone’s day. But behind the artistry of floristry lies a business that, like any other, faces risks. One of the most effective ways to safeguard your floral shop from these risks is by having comprehensive business insurance. Property Protection Your shop is more than just a place where you create stunning floral designs; it’s also home to valuable assets like flowers, refrigeration equipment, display materials, and office supplies. From natural disasters like storms and floods to accidents like fires, property damage can happen when you least expect it. Business insurance ensures that if your shop suffers damage, the costs to repair or replace damaged assets are covered. This includes everything from your floral inventory to high-end refrigeration units that keep your flowers fresh. Protecting Against Legal Claims Running a florist shop involves direct interaction with customers, whether they’re visiting your store or receiving deliveries. If a customer slips and falls in your shop or trips over a delivery box, you could be held liable for their medical expenses and legal fees. Liability insurance covers such incidents, ensuring that you’re not financially burdened by customer injuries or accidents on your premises. Even if a lawsuit arises, insurance will cover your defense costs, helping you avoid a financial disaster. Workers’ Compensation Insurance: Protecting Your Employees If you have employees, workers’ compensation insurance is not only a smart choice, but it’s also often required by law. This insurance provides coverage if an employee is injured on the job—whether they’re lifting heavy floral arrangements, cutting stems, or handling deliveries. Workers' compensation covers medical expenses, lost wages, and rehabilitation costs for injured employees, as well as providing protection from potential lawsuits related to workplace injuries. Commercial Auto Insurance: Deliveries  As a flower shop owner, your delivery vans and service vehicles are essential for ensuring timely deliveries and customer satisfaction. However, accidents can occur, leading to costly vehicle repairs, medical bills, or even legal claims.  Commercial auto insurance protects your business by covering expenses related to vehicle damage, liability for injuries, and lawsuits, helping you keep your deliveries on schedule without disruptions. Covering Your Rainy Days Imagine this: a major storm causes significant damage to your floral shop, forcing you to close for repairs. Not only would you lose valuable business during the downtime, but you’d also face ongoing bills like rent, utilities, and payroll. Business interruption insurance steps in to cover lost income during periods when your shop is closed due to a covered event. This allows you to maintain your business operations or rebuild without falling behind financially. Tailoring Insurance to Your Needs Every florist’s business is unique, and so are the risks they face. Beyond standard coverage, there are specialized options that can be tailored to meet your specific needs: * Spoilage Coverage: Protects against the loss of perishable flowers and plants due to refrigeration breakdowns or power outages. * Equipment Break down: Covers the cost of repairing or replacing essential equipment, like floral coolers that malfunction. * Seasonal Increases in Inventory: During peak times like holidays or wedding season, you may carry more stock than usual. Some insurers offer policies that automatically increase your coverage during these periods. Conclusion: Protect Your Floral Business with Comprehensive Insurance While your focus as a florist is on creativity and service, the importance of protecting your business can’t be overstated. From property damage and customer injuries to accidental mishaps and employee injuries, there are numerous risks that could impact your ability to operate. The right business insurance not only provides financial protection but also peace of mind, allowing you to focus on what you do best—creating beautiful floral arrangements for your customers. Don’t wait until disaster strikes. Speak to an insurance professional today and ensure your florist business has the protection it needs to thrive, no matter what comes your way. By prioritizing business insurance, you’re investing in the long-term success and sustainability of your floral shop. Stay protected, stay prepared, and keep blooming! Need help finding the right insurance for your flower business? Get a quote here https://www.coverdash.com/quote.

Do you need insurance as a freelancer? You may not think you need freelance insurance, especially if you’re a service-based freelancer working from home. However, you may be surprised to learn that business insurance may be required in some cases, and in others, could be the ticket to winning new clients and scaling your freelance business. Do Freelancers Need Insurance? Currently, no state laws require you to carry commercial insurance for your freelancing business. The exception is worker’s compensation insurance, which is required by law in nearly every state if you hire employees. However, carrying certain commercial insurance policies could help your business thrive. Here’s how: Insurance Requirements for Freelancer Marketplaces Freelancing marketplaces such as Fiverr and Upwork are incredible resources for web designers, copywriters, graphic designers, and other service-based entrepreneurs to find new clients. Billions of dollars are transferred to freelancers every year on these marketplaces, so ignoring them as a potential source of business can be a costly mistake. Some freelance marketplaces require you to carry commercial insurance to bid on and accept jobs on their platform. Fiverr, [https://www.fiverr.com/terms_of_service] for example, requires freelancers to carry adequate general liability insurance to cover the most common risks of your service. Upwork, on the other hand, does not currently have an insurance requirement outlined in its terms of service. However, they do require you to carry any insurance coverage required by law in your state and country. If you want to tap into the enormous potential available in these freelance platforms, carrying the required insurance policies required by the platform or your state can help you find new clients. Use Insurance to Grow Your Client Base Not all freelancers get clients from freelancing platforms. If you have a “cold-call and connect” method for building your clientele list, you still may need to have insurance protection in place. Many freelance service providers work directly for small, medium, or enterprise-level businesses. What happens if your work results in a financial loss, lawsuit, or business interruption for your client? Savvy business owners know that we live in a litigious society, and a potential lawsuit lurks around every corner. Many potential clients will require you to carry general liability, professional liability, or other commercial insurance policies to minimize their risks of being financially liable for your work. Freelancer Insurance: a Competitive Advantage Not every potential client or freelance marketplace will require you to carry insurance. However, you can still use your insurance coverage as a competitive advantage when bidding for jobs. Having freelancer insurance in place protects your business, allows you to protect your clients, and makes you look like the experienced professional you are. Use your coverage as a competitive advantage. Let potential clients know you have all the necessary business licenses, professional certifications, and insurance policies in place. What Insurance Do Freelancers Need? Now that you know that freelancer insurance may be required to find new clients, it’s time to consider what types of insurance you may need. General Liability Insurance for Freelancers Consider adding a general liability policy for the most basic business protection at a bare minimum. General liability (GL) insurance is a foundational insurance policy that is designed to protect your business against claims for third-party bodily injury or property damage. GL coverage will typically contain coverage against claims for copyright infringement, slander, and libel. This coverage is even more important for freelancers who provide services such as graphic design, web design, copywriting, and other marketing-related services. Imagine that your client provides you with a competitor’s logo for inspiration. On the other hand, the competitor thinks your version of the logo is a little too close for comfort and files a lawsuit for copyright infringement. This real-life example happened in Utah when one gourmet cookie retailer sued its competitors for “confusingly similar” branding and packaging. Don’t get caught up in your own version of the cookie-wars [https://www.businessinsider.com/crumbl-files-federal-lawsuit-against-cookie-competitors-2022-7] . Protect yourself with a general liability policy for freelancers. BOP (Business Owner’s Policy) for Freelancers Another common insurance policy that benefits freelancers is a business owner’s policy, known as a BOP. A BOP is a combination policy that generally includes general liability insurance protection with commercial property coverage. Why would you need commercial property insurance as a freelancer? Commercial property insurance can protect your building or office and the equipment you use to run your business. Many home-based business owners mistakenly believe that their homeowners insurance or renters insurance protects their business assets. However, these policies are designed to protect your personal assets, not your business equipment and property. Only commercial property insurance is intended to cover the laptops, desktops, cameras, video cameras, podcasting equipment, and other business assets you use while running your business. The biggest reason to consider a BOP is the cost-savings potential. This combination policy is often more cost-effective than purchasing separate GL and commercial property policies. Professional Liability Insurance for Freelancers Also known as errors and omissions (E&O) coverage, professional liability is business insurance tailor-made with service providers in mind. Professional liability is meant to protect you in the event your client experiences a financial loss resulting from your service or advice. Professional liability protects you against client lawsuits alleging professional errors, negligence, or omissions. Cyber Liability Insurance for Freelancers The tremendous technological advancements of our modern world allow you to run your freelancing business out of your home (or from the road). You can grab your laptop and work from just about every corner of the world these days. However, public WiFi connections, stolen laptops, and criminal hackers are just a few of the ways that you could risk client data as you run your business remotely. Cyber liability insurance is meant to protect you in case of a data breach, hack, or loss of sensitive personal information. This business insurance policy can help ensure you don’t have to pay out of pocket for lawsuits, client notification, credit monitoring, or reputational damage if a break occurs. Get Freelancer Insurance from Coverdash Not sure which freelancer insurance policy is best for your business? Let the insurance professionals at Coverdash help you craft the perfect protection for your business. Our insurance broker specializes in insurance for freelancers, and we’re able to get top-rated coverage for our clients at rates any freelancer could afford. Request a quote today and find out how affordable freelancer insurance can be from Coverdash.

Do ecommerce businesses need insurance? Ecommerce is a booming business. Ecommerce sales amounted to USD 4.9 trillion in 2021, and that figure is expected to grow by 50% by 2025. You don’t have to be a megabrand to start selling things online. With the variety of selling platforms available today, anyone can start an ecommerce business. Whether you’re selling handmade goods on platforms like Etsy, creating your own private label brand, or shipping wholesale products to Amazon, selling online is an accessible business model with a ton of potential. Before you get started selling online, however, you will have to take care of a few steps to ensure you are approved to sell on the platform. Some platforms may require you to have a resell license, a business license, a federal tax ID, and, most notably, small business insurance to “set up shop.” Why Do You Need Ecommerce Business Insurance? You may be wondering why so many of the selling platforms have insurance requirements. The answer is surprisingly simple: Business insurance protects you and your selling platforms against the unexpected. Imagine that you’ve privately labeled a personal care product and shipped 2,000 units to Amazon. But, unbeknownst to you, the formula contains an ingredient that can cause a reaction for some users. Your customers order the product and some break out in a rash. Angered and injured, some of these customers decide they will sue you — and the selling platform — for the bodily injury caused by your product. If you have a general liability insurance policy, it’s designed to protect you against third-party lawsuits for property damage or bodily injury. If you’re facing a claim,  your insurance can kick in to help pay for the costs of medical bills, lawsuits, legal fees, settlements, and judgments up to your policy's limit. This means you’re protected from the potentially high costs of paying for an injury out of your own pocket, and so is your selling platform. Understanding Ecommerce Insurance Definitions Before we get into the insurance requirements for each platform, let’s take a moment to define and understand a few ecommerce insurance concepts: What is general liability insurance? Most all businesses can benefit from the coverage provided by general liability insurance. This foundational business insurance policy is intended to protect your business against third-party claims for bodily injury or property damage resulting from your product or business activities. General liability coverage is designed to protect sellers against personal and advertising injury claims for slander, libel, or copyright infringement. If one of your competitors feels like your recent Tweet or Facebook ad is bashing their products or that your product name infringes on their copyright, general liability is meant to help cover the costs of lawsuits and legal fees. If you’re an online retailer, general liability insurance (GLI) may also provide additional product liability coverage for manufacturing defects, design flaws, or your failure to provide adequate instructions or warnings on the label. Ask your insurance provider if product liability is included with your general liability coverage or if you’ll need to add it as an endorsement to your GLI policy. What is a business owner's policy (BOP)? A business owner’s policy (BOP) is a specialized policy that combines a few of the most common types of insurance that a small business might need. A BOP typically includes general liability plus commercial property coverage, which can benefit any business with a physical location (such as a retail store, warehouse, etc.), products, and equipment. BOPs are a very popular way to obtain GLI because they are often more affordable than purchasing the two policies separately. For many ecommerce platforms, a BOP will meet any general liability insurance requirements. What are policy limits? A policy limit is a maximum amount your insurer will pay for an insurance claim. If you have a policy limit of $100,000, then your insurer will pay up to that amount for a claim. But what happens if your claim exceeds your policy limit? If you have that same $100,000 policy limit and get hit with a liability claim for $250,000, then your insurance will cover the $100,000. However, you’ll be responsible for the remaining $150,000 due. What are per-occurrence limits v.s. aggregate limits? A policy limit is an easy way to understand how much your insurer will pay out in the event of a claim. A more nuanced way to look at policy limits is to understand the difference between per-occurrence limits v.s. aggregate limits. * per-occurrence limit: the maximum amount your insurer will pay per occurrence, or per incident * aggregate limit: the maximum amount your insurer will pay over the entirety of your coverage period (commonly a 6 to 12-month period) Understanding the difference between the two can help you ensure you’re selecting the right coverage for your seller's business and not leaving yourself open to unnecessary risk. Don’t confuse the two. What is an umbrella policy? Some sellers choose to add an umbrella policy to their insurance coverage. Umbrella insurance is meant to extend the limits of your underlying policy. It kicks in when you’ve reached your policy limits and is intended to protect business owners from the risk of very large lawsuits or high-dollar claims. In the previous example, you could still be responsible for paying out of pocket for a $250,000 claim if your GLI policy limit is only $100,000. If you have umbrella insurance, however, the umbrella policy would kick in after the GLI policy to cover the remaining amount, ensuring you don’t have to pay out-of-pocket for excessive claim amounts. Now let’s take a look at the insurance requirements from the most commonly used ecommerce platforms. Ecommerce Insurance Requirements by Platform Amazon, Walmart, and Shopify are the Big Three when it comes to seller platforms. While Amazon has dominated the online retail space, Walmart and Shopify are both investing heavily in giving Amazon a run for its money. Behind the Big Three e-retailers, Wayfair, Target, Newegg, Etsy, and others are providing opportunities for sellers to profit through the sales of wholesale, retail, and handcrafted products. Here are the 2022 insurance requirements for each. Amazon Amazon [https://www.amazon.com/] Pro merchants and sellers with gross sales exceeding $10,000 in any month are required to carry commercial general liability insurance and product liability insurance as outlined in the Amazon Services Business Solutions Agreement. [https://sellercentral.amazon.com/gp/help/help.html?itemID=1791&language=en_US&ref=efph_1791_cont_G521#FBA] Amazon has an insurance deductible requirement. Your insurance deductible [https://www.iii.org/article/understanding-your-insurance-deductibles] is the amount of money you are responsible for in the event of an insured loss. If you want to sell on Amazon, your GLI policy must have a deductible of less than $10,000. * Min: $1 million per-occurrence limit * Min: $1 million aggregate limit * Deductible must not exceed $10,000 * Certificate of insurance (COI) required * Amazon and its assignees must be listed as an additional insured [https://www.irmi.com/term/insurance-definitions/additional-insured] Walmart Walmart [https://corporate.walmart.com/media-library/document/insurance-requirements-february-2018/_proxyDocument?id=00000161-573d-dcfd-a37b-ffff3e9f0000] requires all suppliers and sellers providing goods for resale on its platform to carry general liability and product liability insurance. In addition, you may be required to provide proof of workers' compensation insurance if you have employees that will be entering Walmart premises, commercial auto insurance if you or your employees will be making deliveries to Walmart premises, and/ or umbrella coverage to help you reach the following policy coverage limits: * $1 million per-occurrence limit * $2 million aggregate limit * Certificate of insurance required * Walmart Inc. and its subsidiaries and assignees must be listed as additional insured Shopify Shopify [https://www.shopify.com/]does not currently have insurance requirements for sellers, meaning you can set up your store and begin selling without providing proof of insurance. However, that doesn’t mean your business is protected against lawsuits or claims resulting from your product sales! Talk to your insurance provider about the best general liability and product liability coverage and policy limits for your Shopify store, so you’re not left vulnerable to an unhappy, litigious customer. * no per-occurrence limit requirement * no aggregate limit requirement * no certificate of insurance required Wayfair Wayfair [https://www.wayfair.com/] has separate insurance requirements for designers v.s. dropship suppliers for its home furnishings and decor platform. If you are a Wayfair designer, the platform requires that you maintain any legally required insurance policies, like workers’ compensation if you have employees. For sellers, the platform requires a general liability policy or a combination of general liability and umbrella coverage as needed to cover the per-occurrence and aggregate limit requirements. * $1 million per-occurrence limit * $2 million aggregate limit * Certificate of insurance (COI) required * Wayfair LLC must be added as an additional insured. Target Target [https://corporate.target.com/about/products-services/suppliers]is another e-retail platform that allows sellers to use the brand’s existing scale and influence to reach more customers online. Like other sellers such as Wayfair and Walmart, Target will expect you to meet any legal insurance requirements in your state, which may include workers’ compensation insurance if you have employees and commercial auto insurance to cover delivery trucks. Target sellers [https://corporate.target.com/about/products-services/suppliers] are required to carry general liability insurance, including product liability coverage. Target’s contract specifies vendors  “must provide insurance for the life of Goods covering claims occurring or brought by third parties, including after Purchaser discontinues sale of Goods.” Target is one of the few retailers that may require vendors to provide Network Security and Privacy Liability, which is part of a cyber liability policy that can protect against data breaches and damages due to lost or stolen breaches. Target has the highest policy limit requirements from its vendors, including: * General liability: $5 million per occurrence * Workers’ compensation: $1 million * Commercial auto: $1 million * Network security and privacy liability: $1 million * Target Corporation and its subsidiaries must be listed as additional insured * Certificate of insurance required Newegg Newegg [https://www.newegg.com/] is an e-tailer focusing on consumer electronics, smart home and gaming products, and more. Newegg has two sites for sellers: the original tech-focused site and its smaller, niche site, Neweggbusiness, serving business buyers. Newegg’s contract [https://c1.neweggimages.com/mps/selleragreement/929e2e9a-21a1-4114-bf25-495a29df853a.pdf] states that sellers must maintain general liability, product liability coverage, and errors & omissions (E&O) insurance with at least an A.M. Best Rating of A-, VII or higher. Newegg also requires product liability and product recall insurance for sellers that manufacture their own products. * $1 million per-occurrence limit * $2 million aggregate limit * Certificate of insurance required * Newegg must be listed as additional insured Esty Etsy made a name for itself as THE platform for selling handmade goods and crafts and has expanded to include wholesale, digital products, and much more. Etsy does not require sellers to carry insurance to utilize the platform at this time. However, as we’ve mentioned before, carrying general liability insurance for your selling business can protect you in the event a customer is injured or alleges an injury resulting from your product. Even if you win a frivolous lawsuit, the cost of fighting in court can add up fast. If you’ve been selling on Etsy or any platform before, you know that sometimes customers can quickly turn from sweet to sour. When you have general liability insurance in place, you can protect yourself from the high costs of defending yourself against an unhappy customer in court. * no per-occurrence limit requirement * no aggregate limit requirement * no certificate of insurance required Get a Quote for General Liability Insurance and Start Selling Are you ready to start selling on one of these popular ecommerce platforms? Most e-retailers require vendors and sellers to carry — at the minimum — general liability and product liability coverage. Even if a platform doesn’t have an insurance requirement, a GLI policy can be an effective way of making sure you get to keep your selling profits. Coverdash helps sellers and e-retailers meet insurance requirements to sell on the major ecommerce platforms. Our insurance brokerage can help you find the perfect policies to protect your small business, including general liability, business owner's policy, professional liability, worker’s compensation, and cyber insurance. Our team of ecommerce insurance professionals will shop the leading commercial insurance carriers to find you the best coverage at the most affordable rates. Our ecommerce insurance service doesn’t stop at finding you the right coverage, either. At Coverdash, we’ll help you get your certificate of insurance (COI) delivered to your ecommerce platform so you can stay compliant with platform requirements. Don’t let ecommerce insurance requirements keep you from making sales online. Request a quote from Coverdash so you can start selling without delay.