Product Liability

Product Liability Insurance in Rochester, New York

Do you sell exciting and helpful new products? However well-designed you think the products that you manufacture or sell might be, accidents happen – and it’s vital that you’re properly protected. Product liability insurance in New York protects your business against bodily injury and property damage claims. If one of your customers were to file a lawsuit against your product stating that it harmed them or their property in some way, you could be liable to pay compensation, even if you didn’t manufacture the product. Believe us when we say that the cost of such a lawsuit can be severe as well as damaging to any business’s reputation.

Defective and dangerous products are the cause of thousands of injuries every year in the United States. Responsibility for a product defect that causes injury may affect all sellers of the product who are in the chain of distribution. Furthermore, your business may face a loss of income until a lawsuit against the business is resolved. While selling a safe product is imperative, insurance is there to help when accidents happen.

You don’t need to manufacture a product in order to require product liability insurance. Simply importing, designing, supplying, repairing, or having your business’s name on the physical product means that you could be a victim of product liability.

Businesses in the following industries, among others, have a high risk of receiving lawsuits from faulty or dangerous products:

  • Vitamin and supplements
  • Beauty and cosmetics
  • E-Cigarette and vape products
  • Industrial products
  • Product recall
  • Discontinued products
  • Medical devices
  • Food manufacturing
  • Clothing manufacturing

In a consumer-driving society, it only takes one lawsuit to bring down a whole operation. Smart business owners know that protecting a company is more than just creating a useful product for a steady stream of income. With the right product liability insurance at hand, you can be confident that you have the defenses in place for any product accidents and errors.

Product Liability insurance - Rochester, NY

At Vail Agency, Inc. our experienced customer service experts look forward to discussing your specific needs. Call us today at (585) 889-4650