Product liability insurance protects you in case a product you produce or provide causes harm to a user or a user's property. A "product" is anything that is tangibly used, touched, or consumed. This type of insurance is recommended for every business that manufactures a product but is especially important for companies that produce food, clothing, toys or anything else that could conceivably cause harm to someone.
Most business owner's policies include limited product liability coverage. If, for some reason, you do not have this coverage through a business owner's policy and your product runs the risk of inflicting harm on other people, you may need to buy product liability separately. Similarly, if your product presents a higher risk of injury (for example, it contains a hazardous material), you may need to purchase additional coverage.
Be sure with iSure. We welcome the opportunity to protect what you have worked so hard to build. Please contact us at 305.223.2533 to learn more about what we can offer you.