Hughes Associates be will be open Monday through Friday. Until we are past this crisis, will be accepting appointments only, so please call 718-456-8646 to speak with us.

You may also click here to leave a message and we will contact you as soon as possible.


Middle Village, Queens, Ridgewood, NY Business insurance

Commercial Insurance You Should Have If You Own An Online Business

Having your online business insured is as important as insuring any other business. But since you are running a business on the internet and not in Forrest Hills (even though it may have its headquarters in Forrest Hills), there are some important aspects to include in your policy before you sign it…

Ecommerce is one of the top boosting industries of the world, and it is now expected to grow by 10% over the next five years. What is more, it is expected that by 2017 10% of retail sales will be performed online. So having an ecommerce business is good business.

But ecommerce is also a complicated interplay between a website and its users, especially when talking from a legal perspective, To get your business covered, here is what you can do.

There are two areas to get covered for ecommerce risks: data security and business interruption. What is more, you should also discuss transportation coverage with your insurance agent in Forrest Hills if you sell a product and lose money due to shipping errors. Think about contents coverage, workers compensation and intellectual property insurance. There is also an ecommerce liability protection (liability protection is a must-have with every business) you should think about; choose one that is tailored to your unique type of online business.

If you do not know what liabilities your business is subject to, it is advised that you seek help from a professional insurance agent. Sometimes, it is recommended to talk to an attorney first, who can help you understand your legal responsibilities and only then pursue to search for a personalized commercial insurance policy.

All in all, running an ecommerce (or an online store) is a challenging work, but it can be super-rewarding if done right. Make sure you will enjoy the most of your business without having to worry about its safety. Contact one of the representatives at Hughes Insurance, get in touch with an insurance agent, and discuss your insurance options and best quotes in Forrest Hills.

Translate »