Buy Mail Order Insurance

Mail order business insurance is a type of insurance coverage that is specifically designed to protect the owners and operators of mail order businesses. This type of insurance provides financial protection against potential losses or damages that may occur as a result of business activities, such as product liability, product damage or loss during transit, errors or omissions in advertising, or issues with payment processing.

Some common coverage options under mail order business insurance include general liability, product liability, errors and omissions, cyber liability, and property damage. This type of insurance is crucial for protecting the financial well-being of mail order businesses and helping to ensure their long-term success.

The average price of a standard $1,000,000/$2,000,000 General Liability Insurance policy for small mail order businesses ranges from $47 to $59 per month based on location, size, payroll, sales and experience.

As with other businesses, mail order firms are exposed to the likelihood of legal action being taken against them for their legal responsibility for property damage or bodily injury arising during the course of their operations.

Lawsuits can be costly to defend - even if you did not harm, and even more expensive if found legally liable.

Mail order insurance is there to help protect you against those losses by offering you insurance to coverage awards made against you, as well as the defense costs and other legal fees.

The mail order insurance that you require will depend very much on your business set up. For the majority of mail order businesses there are basically the following types of insurance plans that you should consider:

Commercial General Liability Insurance: This insurance protects a business owner against claims made against for the legal liability of the business for bodily injury or property damage suffered by 3rd parties while on your premises.

Mail order insurance may also include products liability insurance that protects you against claims arising from the supply or sale of a product. There are many other coverages that can be added to this policy like employment practices liability and business income.

Workers Compensation Insurance: Workers comp claims pay for employees injured on the job. It is mandated by most states for any non-owner or partner employees. It covers your employees for disease, injury, or death an employee sustains during the course of their employment.

It covers the medical and lost-wage costs (similar to disability) once an employee suffers a work related injury or illness.

Commercial Auto Insurance: As a business owner, you need collision, liability, and comprehensive, medical payments (also known in some states as personal injury protection) and coverage for uninsured motorists.

Professional Liability Insurance: Also referred to as E & O (Errors and Omissions) insurance, this policy provides coverage in the event that your business is held legally liable for any damages caused by your negligence or improper advice.

Additional Insurance For Mail Order Houses

If you have have a larger or more complex businesses, then the commercial package policy may be more suited to your needs. On top of your liability insurance requirements, the commercial package can provide you with a full-range of business insurance products including business interruption and property damage.

If you are uncertain as to what insurance policy you actually require, please contact an experienced insurance agent.

Mail order houses can be sued for various reasons, just like any other business. Here are some common reasons and how insurance can help protect them:

Product liability claims: If a customer claims they were injured or suffered damages due to a defective or unsafe product sold by the mail order house, they may file a lawsuit. Product liability insurance can help cover the legal defense costs and any settlement or judgment awarded to the claimant.

False advertising: If a mail order house is accused of making false or misleading claims about a product, they may be sued by customers or regulatory agencies. Advertising injury coverage, which is typically part of a commercial general liability policy, can help cover the costs of defending against such claims and any damages awarded.

Intellectual property infringement: Mail order houses may be sued if they're accused of infringing on someone else's patent, trademark, or copyright. Intellectual property insurance can help cover the costs of defending against such claims, as well as any damages that may be awarded to the claimant.

Breach of contract: If a mail order house fails to fulfill the terms of a contract with a supplier or another party, they may be sued for breach of contract. Commercial general liability insurance can help cover the costs of defending against such claims and any damages awarded.

Employment practices liability: Mail order houses can be sued by current or former employees for issues such as discrimination, wrongful termination, harassment, or other employment-related grievances. Employment practices liability insurance (EPLI) can help cover the legal defense costs and any settlement or judgment awarded to the claimant.

Data breaches and cyber liability: If a mail order house experiences a data breach that compromises customers' personal information, they may be sued for failing to protect that information. Cyber liability insurance can help cover the costs of defending against such claims and any damages awarded, as well as expenses related to managing the breach, such as notification and credit monitoring services.

In each of these examples, insurance can help mail order houses by paying for legal defense costs, settlements, and judgments related to the lawsuits, helping to protect the business's financial stability and reputation. However, it's crucial for businesses to carefully review their policies and ensure they have the appropriate coverage for their specific needs and risks.