Product liability insurance can protect you against court costs and legal fees associated with bodily injury or property damage claims you incur caused by the products supplied or sold by you through your business as a consequence of a product defect or even the misuse of your product. Misuse of a product is common, and although you may not be at fault, you could still be libel for damages.
This number will vary depending on the risk characteristics of the product. A low risk product would obviously cost less while a high risk product would cost more. We encourage you to contact our agents to discuss costs when it comes to product liability insurance.
For a free quote for your business or personal insurance, send us a message or call us at (203) 655-6974.