How to Know If You Need a Stand-alone Products Liability Insurance Policy

Many business owners have heard of business product liability insurance and are aware that if they sell products, they most likely need to find an insurance policy to protect them against claims of damage or injury resulting from a defect in a product.

However, what many business owners don’t realize is that they can actually get a general liability policy for just a small increase in price; and general liability policies actually include some product liability coverage.

Other times, a business may already have a general liability insurance policy, but it might exclude product coverage. In cases like these, the business most certainly needs to purchase a stand-alone policy for product liability coverage.