Amazon Relay Insurance Requirements Overview
Amazon Relay insurance requirements are essential for ensuring the safety and protection of all parties involved in the delivery process. These requirements are designed to provide coverage for a wide range of potential risks and liabilities, ensuring that carriers are adequately protected in the event of an accident or incident.
Amazon Relay requires carriers to maintain certain levels and types of insurance, including:
Liability Insurance
- Auto liability insurance provides coverage for damages or injuries caused to others as a result of an accident involving the carrier’s vehicle.
- General liability insurance provides coverage for a broader range of risks, including property damage, bodily injury, and personal injury.
Physical Damage Insurance
- Collision insurance provides coverage for damage to the carrier’s vehicle in the event of a collision with another vehicle or object.
- Comprehensive insurance provides coverage for damage to the carrier’s vehicle caused by events other than collisions, such as theft, vandalism, or natural disasters.
Cargo Insurance
- Cargo insurance provides coverage for the value of the goods being transported in the event of loss or damage.
Insurance Coverage Requirements
To ensure the safety and protection of all parties involved in Amazon Relay operations, Amazon has established specific insurance coverage requirements for carriers. These requirements aim to provide financial protection in the event of accidents, damages, or liabilities arising from the transportation of goods.
Minimum Liability Coverage Amounts
Amazon Relay requires carriers to maintain a minimum level of liability insurance coverage to operate on the platform. This coverage must meet the following limits:
- Primary Liability: $1,000,000 per occurrence
- Contingent Liability: $1,000,000 per occurrence
Additional Coverage Requirements
In addition to the minimum liability coverage, Amazon Relay may require carriers to obtain additional coverage, depending on the nature of the goods being transported. This may include:
- Cargo Insurance: Coverage for the value of the goods being transported in case of loss, damage, or theft.
- Physical Damage Coverage: Coverage for the carrier’s vehicle in case of an accident.
By meeting these insurance requirements, carriers can ensure that they are adequately protected against potential financial risks and liabilities associated with their operations on Amazon Relay.
Obtaining Insurance for Amazon Relay
To ensure compliance with Amazon Relay insurance requirements, carriers must obtain the necessary insurance coverage. The process involves identifying reputable insurance providers and completing the application process.
Insurance providers specializing in commercial auto insurance can provide tailored policies that meet Amazon Relay’s specific requirements. These providers typically offer online platforms for easy application and policy management.
Application Process
The application process for Amazon Relay insurance typically involves submitting the following information:
- Carrier’s legal business name and address
- Federal Employer Identification Number (FEIN)
- Details of vehicles to be insured, including make, model, and VIN
- Proof of existing commercial auto insurance policy
- Driver information, including licenses and driving records
Insurance providers may also request additional documentation or information based on the carrier’s specific operations and risk profile.
Insurance Verification and Compliance
To ensure that all carriers on the Amazon Relay platform are adequately insured, Amazon Relay has implemented a robust verification process.
When you sign up for Amazon Relay, you will be required to provide proof of insurance. This proof of insurance must meet the minimum coverage requirements Artikeld in the previous section. Amazon Relay will review your insurance documentation and verify that it meets the requirements.
Consequences of Non-Compliance
If you fail to provide proof of insurance or if your insurance does not meet the minimum coverage requirements, you will not be allowed to operate on the Amazon Relay platform. Additionally, you may be subject to legal action if you are involved in an accident while operating without proper insurance.
Exceptions and Exemptions
While insurance coverage is generally mandatory for Amazon Relay carriers, there are certain exceptions and exemptions that may apply in specific circumstances.
Carriers Operating Exclusively Within a Single State
Carriers that operate exclusively within the boundaries of a single state may be exempt from Amazon Relay’s insurance requirements. However, they must still maintain insurance coverage that meets or exceeds the minimum requirements set by the state’s regulations.
Resources and Support
Amazon Relay offers various resources and support to assist carriers in meeting insurance requirements.
Contact Information
For questions or assistance, carriers can reach out to:
- Amazon Relay Support: https://relay.amazon.com/support
- Insurance Providers: Contact information can be found on the insurance provider’s website or by calling their customer service line.
