Product Liability Insurance
Protect your company with business product liability insurance
If you’re a small business that manufactures or sells any type of product, then you should consider taking out product liability insurance. With product insurance, you’re assuring protection in the case of injury as a result of a person using your product.Before you find a product liability insurance carrier, you’re going to want to consider a few things. You’ll have to decide on how much coverage you want to take out as well as get a risk assessment. Companies which sell or manufacture potentially unsafe products will receive a higher product liability insurance quote.
1. Determine whether you would benefit from small business product liability insurance. If you sell or manufacture non-hazardous materials (like paper products), then the cost may outweigh the risk.
2. Find a specialty insurance broker that can locate you a low cost product liability insurance policy. Brokers can advise you on the best policy types and carriers for your industry.
3. Enroll with a business product liability insurance carrier. Complete the paperwork and start your coverage.
Hire a product insurance broker
With a small business insurance broker, you can have them work with a range of carriers to find the best price on products liability insurance. They can also let you know if you would benefit from additional coverage from a different type of small business insurance policy.
Try: Find an insurance broker in your area by putting in your location on Stuckey & Company. The brokerage firm handles multiple types of business insurance plans. You can perform a similar search by using the agent finding tools on Trusted Choice.
Locate product liability insurance companies
When you rather deal directly with a product liability insurance carrier, you can forgo the use of a broker. Find companies that offer business product liability insurance and the type of coverage amounts that they include with the policy.
Try: Send an online request form on the Coffin Insurance site in order to get in touch with one of their products liability insurance agents. Johns Insurance Agency can also offer your commercial operation product insurance. The company extends coverage to multiple industries, including retailers, shopping center owners, manufacturing companies and more.
Receive a product liability insurance online quote
In order to compare each company, you'll want to request a product liability insurance quote. Use these online quotes to determine which policies prove affordable for your company.
Try: Download and email the application to Sadler & Company, in order to receive a quick product liability insurance quote. You can also call the toll free number and request a quote by phone. Receive multiple quotes on product liability insurance from Chase Carmen Hunter Insurance.
- If your small business belongs to a certain type of association or union, you may receive lower products liability quotes from insurance carriers. Many carriers can offer group rates through these associations.
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