We understand the complexities and inherent risks associated with producing and distributing products. Product Liability Insurance is crucial for any business that manufactures, distributes, or sells goods, providing protection against claims of injury or damage caused by the products you provide. This insurance helps cover the legal and court costs of defending any claims of product defects that cause injury or property damage, ensuring that your business can continue to operate without crippling financial setbacks.
Regardless of your business’s size or industry, any product can potentially fail. The consequences can range from minor inconvenience to serious injury, property damage, or even death. Product Liability Insurance protects against these risks, covering legal fees, settlements, and court costs associated with these claims, which can be substantial.
Covers defects in products that occur during manufacturing or production that make the product unsafe.
Protects against claims that a product’s design is inherently unsafe.
Provides coverage when products are not properly labeled or have inadequate safety warnings that fail to warn consumers of potential risks.
Coverage for illness or injury caused by products consumed by the public.
Protects against damages caused by product malfunctions
Ensures protection from claims due to injury caused by toys or children's products.
Choosing the right Product Liability Insurance requires understanding your specific business risks. Our team at Able Insurance is experienced in assessing product risks and tailoring insurance solutions to meet those specific needs. We provide ongoing support and advice to ensure your coverage continues to match your business as it grows and evolves.
Product liability insurance protects businesses from claims related to the manufacture or sale of products. This can include claims of bodily injury or property damage caused by a product that was designed, manufactured, or sold by the business.
Any business that manufactures, distributes, wholesales, or retails a product should consider product liability insurance. This includes businesses involved in food, clothing, machinery, electronics, consumer goods, and more. Even if you are not the manufacturer, you can be held liable for defects in products you sell or distribute.
General liability insurance covers broad aspects of liability such as bodily injury and property damage that occur on your business premises or as a result of your operations. Product liability insurance specifically covers liability arising from your products.
Contact us today at Able Insurance. Our expert advisors are here to help you find the best coverage and answer any questions you may have.
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