Online Retailer INSurance

Running an eCommerce site means that thousands of customers are trusting you with sensitive personal information like name, birthdate, email, address, and credit card information. A cyber attack could result in this information being leaked. Your business could then be faced with consequential fees. If you have cyber liability coverage, the financial fees will be covered, leaving more money in your pockets and an idea of how to make your site more secure.

Pretty much anything is possible on the internet, it is an amazing innovation. However, that opens the door for criminals to commit fraud on a whole new platform. Fraudulent credit card orders or payments are something that can cost your business a lot of products. You cannot always prevent people from committing fraud on your website, but you can purchase crime insurance coverage to cover costs of lost revenue and product.

Product liability insurance protects you from unexpected costs that may ensue from faulty merchandise. Small things can be missed in quality control and end up hurting a customer down the line. Rather than facing any resulting fees, legal or medical, let your insurance cover those. Product liability coverage covers costs from misuse of products, as well as instances of fault and accident.

As mentioned before, the internet is unpredictable; website outages cannot be predicted and may cost you thousands of dollars in lost revenue. We suggest you look into business interruption protection. This kind of insurance may help repay lost revenue when business operations cannot be carried out as normal.

If you have an eCommerce website, you need to be protecting yourself from the uncertainties of the internet, along with those variables you cannot account for. A few hundred dollars a year in insurance can save you hundreds of thousands of dollars when you least expect it. Talk to the brokers at isure about creating your custom insurance plan today!