Insurance for Mail-Order Houses

Workers in this industry use catalogs, home shopping television, mail-order books and computer software to retail their products or goods.

Your mail order house needs insurance to protect your business from various risks and, more importantly, liability lawsuits. Liability lawsuits can be quite costly, even if you are not found liable for the damages. Your insurance will protect your business assets by paying all expenses related to the lawsuit including attorney fees, court costs and more.

The risks for mail order house can be huge because of the many various exposures that are involved with your business. Below are some of the examples:

• Although your business does not manufacture the product you are selling, if the product injures your customers or makes them sick, your business is at risk of a liability claim.
• Your warehouse poses a significant risk of your employees being hurt on the job. As their employer, you are responsible for all expenses of medical treatment for the injuries.
• If your warehouse is located in an area with a high risk of natural disasters, like hurricane or earthquake, make sure that your business is protected from these types of risks.

The cost of insurance for mail order houses will mostly depend on the size of your business, the number of employees you have and the coverage required. Without taking these into account, below is a list of average costs of insurance for your business:

• General Liability insurance costs $500 in annual premiums
• Business Owners Policy (BOP) costs $900 in annual premiums