How Much Does Etsy Insurance Cost?

Etsy Insurance

Etsy sellers can file an insurance claim if an item is lost or damaged during shipping. To file a claim, contact Etsy support to report the issue. Etsy provides claim forms. Submit forms and documentation to your shipping carrier. The carrier investigates, determines claim validity. If approved, compensation is provided. Etsy does not handle claims. Sellers must work through carriers.

Coverage and Filing Requirements:

  • Coverage is for Etsy.com sales only
  • It covers loss, damage, shortage to merchandise shipped plus shipping cost, if declared
  • Insurance is by Voyager Indemnity
  • If shipping prohibited items, no coverage
  • To file a claim, sellers must meet requirements:
    • The order must be paid through Etsy Payments
    • The seller must have shipped to the Etsy address
    • The order must meet eligibility criteria

Etsy Seller Protection and Business Licensing

  • Seller Protection and Business Licensing
    • Etsy recommends its dispute resolution center to address intellectual property infringement
    • Completing a takedown notice begins a legal process
    • Fraudulent notices may result in account deletion and legal action
    • Those who receive a takedown notice may file a counter notice
  • Licensing Considerations for Etsy Sellers:
    • You might not need a formal business license if running your Etsy shop as a hobbyist or small venture
    • Obtain required licenses or permits if you sell on Etsy as a business. Contact your local agency
    • To get paid on Etsy, connect your bank account to your shop. Check your local laws and regulations to determine licenses and permits you need

Insurance and Licensing Considerations

  • Etsy Insurance and Liability
    • Etsy doesn’t require you to have insurance to sell on their website
  • Business Licensing and Insurance
    • Whether you need a license depends on your state or county laws
    • If you operate as a sole proprietor, you only need your Social Security Number for tax purposes
  • Etsy Business Success
    • To have success in your Etsy business, you need an Etsy business plan

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