If your product causes any form of injury or damage, business product liability insurance will cover compensation and possible legal fees if you’re taken to court. Of course, those who accuse you of producing defective products must first prove that the item in question is really defective. Product liability laws state that those who claim a product caused injury or damage must meet the following criteria before they can make a claim against your product liability insurance company:
- The claimant suffered an injury or other form of loss. If the individual making the claim can’t prove that the product actually caused any harm, there is likely not a strong case and you won’t face charges.
- The product was defective. If the claimant can’t prove that the product has a defect which caused the loss, it may lead to further questioning of the injury situation.
- The product’s defect was solely responsible for the injury. If your product is correctly labeled with safety instructions and the user fails to adhere to them, you likely can’t be sued for a defective product.
- The product was being used as intended. If the claimant isn’t using the product as it was intended, the likelihood that the claim will go forward is low.
Mantooth Insurance can provide the right solutions if you are looking for Product Liability insurance in Indiana. Our company provides instant rate comparisons from some of the state’s most reputable insurance providers. With our professional and certified insurance consultants you can rest assured that you’re in good hands. We offer competitive premiums and complete coverage for all of your business insurance needs.
Mantooth Insurance uses only the most advanced computer quoting system to compare rates from our select insurance companies. We also work diligently to minimize your insurance costs and provide fair settlements for all claims. With the help of our in-house reps, you can obtain a competitively priced proposal for your insurance needs.
If you have any questions about Product Liability insurance in Avon or Central Indiana, fill out the request form on our contact page. You can also reach our staff at (317) 272-1010 or our contact form for more information.