I’m starting to imagine another level of fraudulent claims
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Does every seller have to have this, even new small sellers? If so what sort of prices does this cover likely cost?
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lol only Amazon.
No proof needed I’m sure.
Just say the delivery driver delivered a bomb and Amazon will believe it and blame the seller.
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It’s concerning how fraudsters can exploit expanded coverage like property damage in A to Z claims. Diligent investigation and stringent verification processes will be crucial to mitigate fraudulent activities and maintain the integrity of the system.
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These “property damages” A-Z claims have been a thing in the United States for over a year. Don’t worry, it’s nothing to be worried about. Most sellers will never see one in their lifetime. It’s mainly to make it easier for disgruntled customers to get some sort of a compensation for let’s say a faulty charger which exploded and somehow damaged their property and avoid a lawsuit.
It works like this:
1.A customer notifies Amazon that they have been caused damage by a product ordered from Amazon (they are asking for actual compensation and not just a full refund / return).
2.If the claim value (requested reimbursement) is below £1,000, then Amazon voluntarily covers the whole claim amount without notifying the seller (as long as the seller has the mandatory insurance).
3.And if the claim value is over £1,000, then the seller will have to notify their insurer and work with Amazon on processing and settling the lawsuit.
In my experience, 99.99% of sellers will never hear of such a claim.
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Does this mean every seller now has to have business insurance?
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Is it just for EU and UK markets?
Yes, USA too.
I just noticed this on the last email, but looks it has been in place for a while.
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