Product liability insurance protects you in case a product you produce or provide causes harm to a user or a user's property. A "product" is anything that is tangibly used, touched, or consumed. This type of insurance is recommended for every business that manufactures a product but is especially important for companies that produce food, clothing, toys or anything else that could conceivably cause harm to someone.
Most business owner's policies include limited product liability coverage. If, for some reason, you do not have this coverage through a business owner's policy and your product runs the risk of inflicting harm on other people, you may need to buy product liability separately. Similarly, if your product presents a higher risk of injury (for example, it contains a hazardous material), you may need to purchase additional coverage.
Harris & Company Insurance offers Product Liability Insurance from multiple insurance carriers to ensure that you get the best possible value.
Want to see what solutions we can offer? Just request a quote to find out.