Do I need business insurance for a UK-based dropshipping store?

[TC83]

Hi, Please can anyone confirm if I need business insurance for a dropshipping store with both business and supplier located in the UK? I can online seem to find information for online business rather than dropshipping. 

Thank you 🙂

[Fulfillman]

A dropshipping business model is not different to any kind of various other business in regards to insurance policy. Even if you don't see the physical products your market does not imply that you don't have a duty to your clients. They're still buying from you, as well as consequently, you ought to have some protection.

If you are considering making use of Shopify to sell products online, you should be aware that you will certainly need to have some type of insurance coverage in position. This is because there is always the capacity for something to go wrong, and also if something does fail, you can be held accountable.

You can try checking out Fulfillman Dopshipping Service. We can give top quality and also low-cost items, as well as at the same time ensure the fastest share shipment with our Personal Line. We can manage whatever from packing to delivery. Plus, you can utilize our storehouse absolutely free.

I am positive we can help you

[Maz]

Hi @TC83!

Thanks for posting here, and this is a fantastic question.

We are not Legal or Insurance experts at Shopify, so I cannot really advise on this topic and advise if you should be insured or not, that would be entirely your choice. I would suggest reaching out to an insurance expert in your area to discuss your business operation, as there are many factors that would need to be considered. If you were to get insurance, though, there are some third party companies that do offer this, for example;

• Shopify Sellers Insurance by Real Insurance Group LTD 
• Drop-shipping Insurance by Creedon Insurance Brokers LTD.
  

I'd love to hear more about your business and what you might be selling, are you currently drop-shipping elsewhere?