There is a deductible.

On August 4, Amazon changed its policy again, saying that insurance with a deductible can be purchased.

The change in Amazon's policy was driven by sellers because sellers told Amazon that "it is difficult to buy insurance with zero deductibles", so the change was made. This is the first time that Amazon has changed its policy at the request of sellers.

The difference between having a deductible and not having a deductible is that for sellers, they can pay less premiums. For example, a certain insurance company charges more than 2,000 yuan for a deductible without a deductible, while a deductible only costs more than 1,000 yuan, a difference of hundreds or thousands of yuan. For sellers, as long as the insurance is effective, they can pay less.

As for insurance companies, if there is a deductible, once an insurance claim is triggered, they can pay about 10% less, while if there is no deductible, they have to pay the full amount. Amazon Commercial Comprehensive Liability Insurance Insurance Strategy