California Product Liability Insurance

Product liability insurance covers you against damages awarded as a result of damage to property or personal injury caused by your product. If damages are paid for personal injury, the NHS can claim to recover the costs of hospital treatment - including ambulance costs.

Product liability insurance may not cover you against financial losses to a business or person caused by a faulty product which you manufactured, serviced or supplied.

Product liability insurance also covers you against unforeseen circumstances, such as product faults your quality control system couldn't trace. However, if you simply make an inferior product, you may be unable to make a claim, or even get insurance. Bad workmanship is not covered either.

Product liability insurance has several factors influencing the rate of cost for each individual company. The different types of liability the company may be subject to along with several basic environmental factors may determine whether or not a certain company is insurable for less than the next. Types of liability are the different ways in which a specific company can be considered responsible for the safety of their product. Basic design flaws can cause the manufacturer to be liable for creating a product that was not carefully inspected before production.