Working with start-up programs like Amazon’s Delivery Service Partners can be a profitable initiative. Last mile delivery industry took off in 2008 and has grown to a $40+ billion market in 2020 with no sight of slowing down.
At Pickup & Delivery Insurance, we specialize in providing exclusive insurance solutions to parcel delivery contractors like Amazon and FedEx. We understand the intricate logistics your business is anchored in and the specific insurance requirements from Amazon, FedEx and other partners.
Amazon Delivery Driver Insurance Requirements
Amazon delivery service providers are required to have certain commercial insurance policies in place.
Protect your workers from any injuries or illnesses they might get while on the job with workers’ compensation coverage. Amazon drivers commonly cite injuries that result from loading and unloading packages, which is a bulk of their work, making worker’s compensation insurance a worthwhile and necessary investment.
Commercial Auto Insurance
With a commercial auto policy, you can protect your DSP delivery employees and company vehicles in the event of an accident by securing the right insurance. Commercial auto insurance typically covers the costs of:
Inland Marine Insurance (Cargo Insurance)
For any Amazon DSP partner that ships cargo, inland marine insurance is a must. A cargo insurance policy will provide protection for situations including:
Employment Practices Liability Insurance (EPLI)
An EPLI policy is essential for any business with employees. By getting EPLI coverage from Pickup & Delivery, you will be protected against any claims from past, present, or future employees, namely regarding employment-related allegations like:
Even when employee claims are deemed fraudulent or ultimately harmless, the legal process of addressing, refuting, and resolving such incidents can be time-consuming and costly. With EPLI from Pickup & Delivery, you won’t have to worry about covering these costs out of pocket.
When you offer sufficient benefits to your employees, such as a group health insurance policy, you can attract and retain a dedicated, talented workforce. Pickup & Delivery can help Amazon DSP partners with employee benefit programs such as:
Payroll & HR
Beyond health insurance and other benefits, we can also provide assistance with HR services and programs for Amazon DSP contractors. We can help you with common programs and initiatives including, but not limited to:
Commercial General Liability Insurance (CGL)
Amazon delivery service providers and their drivers need CGL insurance to ensure partnering companies are protected in the event that a third party is harmed. This type of insurance may cover:
Similarly, a contracted service provider (CSP) like FedEx ground, USPS parcel, and UPS delivery services, will also require certain types of insurance. These companies typically require partners to obtain the following policies: