Product Liability Insurance

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If you are in the business of designing, manufacturing, selling, and distributing a product, you understand that it can be exciting, involve hard work, and can even be a bit risky. When the product you represent causes injury or damage to a third party, you need and deserve protection. Depending on the coverage you have, you may not be adequately protected from a product liability claim. Many “standard” insurance policies have limitations for product liability claims. For example, a contractor installed windows in a custom home and 9 months later the windows leaked, causing thousands of dollars of damage. The window manufacturer said their windows are fine; it was the installation that was done incorrectly. The contractor may be held responsible for the damage. Product liability insurance would provide protection in this case.

Our experienced staff will work with you to help find the right insurance and risk solutions for your business. Our knowledgeable team can work with any business; we know and understand your industry.

What is product liability insurance?

Product liability insurance can provide protection from damages, claims, and other liability arising out of the selling, distributing, manufacturing, and design of products. Damages can include bodily injury, property damage, and even death.

An important feature of product liability insurance is legal defense coverage. The cost to defend an allegation can create a strain on your firm’s resources.

Claims can come from any of the following:

  • Poor workmanship
  • Breach of warranty
  • Failure to warn
  • Defect in design or manufacturing
  • Material defect
  • Failure to provide adequate instructions

Classes of businesses we work with:

  • Contractors
  • Artisan Contractors
  • Manufacturing
  • Restaurants
  • Distributors
  • Food Processors
  • Wood Products
  • Automotive
  • Sporting Goods
  • And More

We have a number of highly-rated insurance companies to select from. Call us today for more information.Personal service combined with depth of knowledge in the insurance marketplace, and access to a wide range of carriers is the combination of factors that sets Oakwood Insurance apart from its competitors. We not only work in the north metro, but it’s also our home. We strive to support the vibrancy and growth of this community. We want it to thrive, and we want you to thrive. We will review your insurance coverage and help you understand what you have and ensure that it’s the best fit for your goals.