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<b><strong>Product</strong> <strong>Liability</strong></b> - <b><strong>Insurance</strong></b> from AIG in the US

For nearly 40 years, we have provided primary and excess product liability ... Primary product/completed operations liability insurance, including premises ...

<b><strong>Product</strong> <strong>Liability</strong> <strong>Insurance</strong></b> - Business <strong>Insurance</strong> - About.com

Product liability insurance is business insurance that is designed to cover liability of the business for damages caused by a product manufactured, supplied or ...

<b><strong>Product</strong> <strong>Liability</strong> <strong>Insurance</strong></b> - Veracity <strong>Insurance</strong>

Veracity Insurance Solutions, LLC specializes in product liability insurance, commercial general liability insurance, small business insurance.

<b><strong>Product</strong> <strong>liability</strong></b> - Wikipedia, the free encyclopedia

Product liability is the area of law in which manufacturers, distributors, suppliers, retailers, and others who make products available to the public are held ...

Types of Commercial <b><strong>Liability</strong> <strong>Insurance</strong></b> - Nationwide <b><strong>Insurance</strong></b>

Liability insurance products protect you and your company from expensive lawsuits. But a professional consultant whose product is their expertise has different ...

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<b><strong>Product</strong> <strong>liability</strong> <strong>insurance</strong></b> ABI

Product liability insurance covers the cost of compensating anyone who is injured by a faulty product that your business designs, manufactures or supplies.

<b><strong>Product</strong> <strong>liability</strong> <strong>insurance</strong></b> from RLI

Specialized business liability insurance against negligence resulting in injury from a product manufactured or sold by the insured. Primary and excess coverage ...

Manufacturing <b><strong>Insurance</strong></b> &amp; Manufacturer <b><strong>Insurance</strong></b> | Farmers

Farmers Business Liability insurance can help you protect your business in case a customer is injured because of a product or service you provided to them.

<strong>Product</strong>s <b><strong>Liability</strong> <strong>Insurance</strong></b> - Castle Rock <b><strong>Insurance</strong></b> Agency

Products Liability Insurance Coverage Insurance for products you design, manufacture and distribute. Designing, manufacturing or distributing a product is an ...

<b><strong>Product</strong> <strong>Liability</strong> <strong>Insurance</strong></b> Coverage | Tips and information about <b>...</b>

Product liability insurance protects companies in the event that the products they have manufactured injure someone or cause property damage. In the case of ...

<b><strong>product</strong> <strong>liability</strong> <strong>insurance</strong></b> - <strong>Insurance</strong> Glossary - IRMI.com

product liability insurance - Protection against financial loss arising out of the legal liability incurred by an insured because of injury or damage resulting from the ...

<b><strong>Product</strong> <strong>Liability</strong> <strong>Insurance</strong></b> | Aon Business <strong>Insurance</strong>

Product Liability Insurance based on the needs of your business. Contact Aon for a quote or find out more about the right product liability insurance for you.

A Guide to Product Liability Insurance

If your business sells or manufactures a product, you may understand the risks that arise while selling such goods to customers. Errors may occur while production, resulting in your business selling unsatisfactory products. These mistakes may be something as small as a different color, or as serious as an injury-causing flaw. In order to protect against lawsuits that arise from such errors, businesses are recommended to examine whether product liability insurance is right for them.

Product liability insurance is a type of insurance that is commonly obtained by manufacturers, distributors, retailers, and any party that produces and sells a tangible product.  Without protection, a lawsuit can greatly harm the company, even causing it to go out of business. Therefore, it is recommended that businesses look into whether product liability insurance will protect their assets, employees and reputation.

Why Choose Product Liability Insurance?

In certain industries, businesses are required to purchase product liability insurance. However, any business that manufactures or sells products should consider this type of insurance. Without product liability insurance, the damages that results from a lawsuit can be quite extensive. Lawsuits can take weeks or even months to settle, causing the business to waste valuable time. When the dust settles, the guilty party may be required to pay a number of costs as recompensation, ranging from medical fees, punitive damages and the costs of the attorneys. In addition, companies must also consider the damage to reputation that arises from a negligence lawsuit. A lawsuit can damage the company’s reputation, and cause the target audience to lose faith in the products or goods. Given these risks, product liability insurance can seem like a wise investment.

What to Know about Product Liability Insurance

Generally, there are three types of product liability claims that a party can face:

Manufacturing Defect:
Oftentimes the most obvious type of defect, a manufacturing defect involves a flaw while creating the product. In general, a flaw is made in a single item, rather than in an entire line of products. An example of a manufacturing defect is a car with malfunctioning breaks.

Design Defect:
These claims focus on a inherently dangerous flaw in the design of the product. This claim does not arise from a single error in a product, but a whole line of products, and can possess a flaw that poses injury to the consumer. Examples of design defects include an electrical device that causes shortages and a deep fat cornball fryer that possesses a burn hazard.

Marketing Defect:
Also known as the failure to warn, a marketing defect occurs when a company fails to provide sufficient instructions on the proper use of a product. Lawsuits involving this case generally occur, when the client sustains damage while improperly handing the item. Regardless of whether the use of a product is obvious or not, third parties are able to claim marketing defects. Examples of marketing defects include the lack of instructions for use of an appliance, or the lack of a label warning that contents are hot.

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