WebTradeInsure recently began offering E-marketplace Internet fraud protection insurance for online auction purchases.
In doing so, the La Jolla, Calif.-based company has achieved the distinction of founding a new niche in the insurance marketplace.
The insurance has a $25 deductible and can cost as little as $2.95. In addition, WebTradeInsure announced its intention to market the fraud protection coverage in partnership with auction websites.
Also offered is shipping insurance, designed for commercial clients, to provide compensation in the event that items are damaged upon arrival to the buyer.
Topics California
Was this article valuable?
Here are more articles you may enjoy.
Intersecting Risks and the Future of Construction Insurance 
‘Ghost Broker’ Who Procured 1,120 Policies Through Fraud Arrested 
Need Wind Mitigation? New Florida Insurer Wants to Help With That 
Florida-Based Safepoint Withdraws IPO Just as it Was Expected to Launch 
