You would need fire insurance, auto insurance, and maybe product liability insurance. What are you selling? The cost of the insurance is all over the map. Make a few appointments with some agents in your area and have them submit a proposal. Make sure they are quoting similar policies. There are several factors that impact the policy’s cost: agency overhead and profit, the carrier’s (actual insurance company’s) rating and profitability. Another factor is how fast you are willing to pay for your annual coverage; if you stretch the payments out over the term or several months, you will pay more.

You’re probably not REQUIRED to have any, by anyone. But here are some possibilities: general liabiltiy, in case you get sued. Property, in case of fire or theft, that wipes out your inventory. ECommerce, for internet fraud/wire fraud.

Cost is going to vary wildy from $1500 a year for start up, to tens of thousands, depending on sales, type of materials sold, where you get them from, and where you store them.

You’ll have to talk to a local agent to get specific quotes.