Skip to ContentSkip to Footer

Product Liability Insurance

Man unboxing a new pair of headphones.

Product liability insurance protects manufacturers and sellers against lawsuits arising from the manufacture or sale of a company’s products. It covers liability for bodily injury or property damage a third party might sustain due to a product defect or malfunction.

Product Liability Claims

Retailers, wholesalers, distributors, and resellers, as well as manufacturers, are vulnerable to product liability lawsuits. These claims are typically based on alleged manufacturing defects, design defects, or defective or insufficient warnings and instructions.

Damages awarded in a product liability lawsuit may include medical expenses, lost wages, and pain and suffering. Punitive damages (to punish the defendant for wrongdoing) and attorney fees may also be awarded in some cases.

Manufacturers and sellers can be sued based on strict liability, which is a liability in the absence of negligence and not based on fault. When product liability claims are consolidated in a class-action lawsuit, it is not uncommon that the company goes out of business.

It is essential for product manufacturers and sellers to have sufficient product liability insurance. Our agent at Karen & King Insurance in Norcross, Georgia, can help ensure that your company is fully covered.

Product Liability Insurance Costs

The type of product your company manufactures or sells will impact your rate for product liability insurance. The insurer categorizes and assigns your business a class code. Coverage for hazardous products is more expensive.

Typically, the premium you pay at the beginning of the policy period is based on estimated sales and adjusted by your insurer after an annual audit. Our agent at Karen & King Insurance will work with you to get the coverage your company needs at the lowest available rate.

Get A Quote

* indicates required fields

This field is for validation purposes and should be left unchanged.

Customer Reviews
5/5

So patient & everything worked out well, thank you so much!

Jela Alexander photo
Jela A
5/5

...explained everything that I needed to know!

EA
Eddie A

...she really cares about helping you find affordable insurance.

Messiah Mays photo
Messiah M
5/5

Karen goes above and beyond when assisting her clients.

Shamara Curtis photo
Shamara C
5/5

Karen provide options and help me navigate the best insurance plan fit for me.

Clinton Bailey photo
Clinton B