Tagdefective products

The Importance of Product Liability Insurance for Businesses

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product defect liability

This article provides a short overview of the importance of product liability insurance for businesses. Product liability insurance can help protect businesses from lawsuits if their products cause injury or property damage. The cost of product liability insurance varies depending on the size and type of business, but it is important for all businesses to have this coverage. What Is Product...

Product Liability: Who’s Liable When You Buy Something That Causes Bodily Injury?

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It’s every consumer’s worst nightmare: you bring something home that was supposed to be safe for your family, and it ends up causing bodily injury. Product liability law protects consumers by ensuring fault manufacturers are held liable when their products injure someone else. The product liability law is designed to ensure people aren’t hurt in accidents caused by a company‚Äôs...

Yikes! – I Sold a Defective Product – Now What?

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product defect liability

We hear about defective products all the time. Exploding cell phones, faulty car breaks, and more have all fallen subject to product recalls in just the past few years alone. Even when businesses have strong product quality, assurance efforts in place, accidents do happen and faulty products can make their way to market. However, before we get into all the things to do once you have become aware...

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