New business, sole proprieter LLC, everything I do is FBA. I have no “business location” other than my home office.
I am having a difficult time getting the right business insurance, as all the options are excluding coverage for products sourced overseas, which is 95% of what I do.
I have no need for covering business premises - there is no warehouse here, no sales counter, etc. It’s all virtual wherever I and my laptop exist.
I need good liability coverage and it would be nice to have coverage for products in transit in the event a container rolls off a ship.
Not sure why you need insurance before you start selling, unless you have risky products. Amazon only requires insurance if you do over 10K a month consistently.
My products have just hit the DC’s so I want coverage. Also I am attending some trade shows with demonstration products and the organizers require basic liability. So I want to get ahead of it. Nothing I sell is a high risk, but as the saying goes “you can sue a ham sandwich”.
Unless the rules have changed, I think you’re technically supposed to have insurance. But Amazon only bothers to check if you sell over 10K (or maybe for some other reasons).
In this world you don’t need risky products to be hit with a lawsuit. We were sued once by a retired lawyer for injuries because he injured himself putting his hitch on his own tractor 8 months later. Insurance company took care of it.
If we did not have insurance we would have paid more for an attorney to fight it.
I do in fact have such measures in place. I’m not asking about that. I am asking about general business liability insurance specifically and who other FBA sellers are using.
DC is FBA-speak for “distribution center,” versus FC for “fulfillment center.” The DCs are warehouses that do inventory intake and then redistribute inventory across the FC warehouse network. Arriving at a DC means that your stock is or is very close to hoinggoing live for customers.
That’s indeed the correct ‘Amazonese’ (or ‘Amazonish’) nomenclature for those acronyms (technically speaking, “initialisms”).
Here are some more:
RC = “Return Center” (i.e., the LEX1 & LAS1 complexes)
SC = “Sorting Center” (once mainly concentrated in Spokane, these are largely being superseded by the IXD Initiative, as are, in many cases, the DCs themselves)
Spawned by the IXD Initiative, which in turn is an extension of the AGL (“Amazon Global Logistics”) & AWD (“Amazon Warehouse Distribution” aka “Upstream Storage” [or as some wags have put it - generally after finding out just how slipshod has been the historical performance - “Slipstream Storage”]) Programs, there’s a slew of new acronyms now in play:
IXD = “Inbound Cross Dock”
CXD = “International Cross Dock”
rIXD = “Regional Inbound Cross Dock” (the intended main replacement for SCs)
nIXD = “National Inbound Cross Dock”
As we all know, Amazon is an ever-evolving beast, so its nomenclature is hardly written in stone; it’s always been crucial to master the ability to ‘speak Amazonese/Amazonish’ for dealing with Amazon’s support infrastructure - a criticality that becomes even more important in an age where Amabots seek to limit communication to a short list of preconceived paths - so I try to keep abreast of whatever change is coming down the pike.
