Even a Perfect Product Can Lead to a Lawsuit
Even if your product meets all safety standards, unexpected risks can lead to lawsuits. Consumer product liability policies cover injuries, damages, and legal expenses, ensuring you’re financially protected against claims from customers, vendors, or third parties.
Why Businesses Need Product Liability Insurance:
Explicit & Implied Warranty Liability
Courts worldwide hold manufacturers accountable for product safety warnings and consumer education. Even implied warranties can result in lawsuits—Product Safety Liability Insurance ensures you’re covered.
Limited Vendor Liability
If vendors or distributors sell your product, they can be held legally responsible. Consumer Product Liability Policy extends coverage to protect them from claims arising from your products.
Technical Collaboration Protection
If your product is developed with a technical collaborator, they may demand liability coverage. Product Liability Insurance ensures they’re protected against legal action resulting from your products.
