Get The Right Coverage For Your Delivery Business
If you are one of the many entrepreneurs taking advantage of the rising popularity of delivery services, take a moment to ensure you and your employees are well covered. Whether you are starting on your own or assembling a team of drivers, you will need an insurance plan that protects your company from the unique risks associated with this industry. Popular start-up programs — like Amazon’s Delivery Service Partners (DSP) — also require employers to enroll in sufficient coverage for all their workers and vehicles in accordance with state laws. Contact King Insurance Partners today to find the most suitable insurance for delivery drivers and get your business started on the right path.
Amazon DSP Insurance Requirements
This partnership program by Amazon requires employers have the following types of commercial insurance coverage:
Workers’ Compensation
Mandatory in most states, worker’s comp protects you in the event your employees are injured while working. This type of insurance will cover any resulting medical expenses and lost wages so you don’t have to pay out-of-pocket. Common claims filed by delivery drivers include injury while loading and unloading cargo. Find a workers comp policy that works specifically for your line of business.
Commercial Auto Insurance
Commercial auto insurance ensures your vehicles and drivers are safeguarded against damage, bodily injury, legal costs, and more in the event of an accident. Whether you are starting your delivery company alone or as a team, you need to insure all work vehicles.
Inland Marine Insurance (Cargo Insurance)
This insurance is necessary for any business that ships cargo at risk of property damage and/or loss during transit. Cargo Insurance helps you avoid damage sustained due to accidents, theft, vandalism, or total loss of cargo.
Commercial General Liability Insurance (CGL)
This type of insurance protects your business from financial losses incurred as a result of harming a third party. Common claims include bodily injury, property damage, personal injury, and slander.
Additional Amazon DSP Insurance
In addition to the required insurance coverage, King Insurance Partners can provide you with additional protection we believe could serve your delivery business well including:
Uninsured & Underinsured Motorist Coverage
For situations when the at-fault driver lacks sufficient liability insurance, this kind of insurance can help you remain covered against motorist accidents. Insuring your employees and vehicles is great but not everyone on the road will have the same cautious mindset. Offer your employees greater security and peace of mind by expanding your coverage.
Employee Group Benefits
If your company has employees, you should consider offering health insurance. Additionally, you may expand their coverage by offering them life insurance. Employee Group Benefits demonstrate a sense of gratitude and care on behalf of the employees.