Product liability insurance policies and general liability insurance policies are commonly referred to business owners as necessary components for start up.
What’s the difference, though, and how does the coverage work together?
Most business product liability insurance policies can be purchased by themselves, independently of a general liability policy.
Most of the time, however, it doesn’t cost much more to get the more expansive general liability insurance, which happens to include some product liability protection.
Clearly, it’s in the best interest of the business owner to get general liability insurance if they can afford the slight increase in price, since the business would be protected in multiple areas in addition to product liability. To get more information about applying for a defective product liability policy, you may visit this great site (SADLER Products Liability Insurance) for more information.