Slash Costs Now Product Liability Insurance Secrets Revealed
Why Product Liability Insurance is Essential
In today's litigious society, product liability claims can arise from various issues, including design defects, manufacturing flaws, or inadequate instructions and warnings. According to the Insurance Information Institute, product liability insurance can cover legal fees, settlements, and medical costs associated with such claims1. Without this coverage, businesses might have to pay out of pocket, which could be financially devastating.