Product Liability Insurance – Because not everyone has common sense!

September 7, 2009

There is no question about it: If you make or distribute a product, you must have product business liability insurance. You may feel that it is unlikely that your product might every hurt someone, or their property, and that there is no chance of a defect in your product. However, product liability insurance protects you from an element you can’t control: how people use your product. You can, in fact, be sued if someone is injured using your product in a way it was not intended, if you did not warn against that specific usage in your packaging. Take for example the “cat in the microwave” urban legend. This is a story in which a woman put her cat in the microwave in order to dry it off. The cat, of course, did not survive this. The story takes a wackier twist when she then sues the microwave company for not warning her that you should not use a microwave in this capacity; and she won! While this is a ridiculous tale, it is thought by many to be true, simply because that is exactly how product liability works. You simply cannot rely on the common sense of the general public.

A Look At The History of Product Liability Insurance

Merits of Product Liability Insurance

Product Liability Insurance: What Does it Cover?

The Basics Of Liability Insurance For Businesses

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