Product Liability Insurance in Springdale, AR
If a customer claims your product caused an injury or damaged their property, the legal and financial exposure can be substantial. Product liability insurance can cover the cost of defending claims and paying damages when a product you manufacture, distribute or sell is alleged to have caused harm. 
Understanding Product Liability Insurance
Product liability claims can arise in situations, such as a kitchen appliance overheating and starting a fire, a supplement causing an adverse reaction, or a toy breaking and causing an injury. Coverage may apply whether the product fails due to a design flaw, a manufacturing defect or inadequate warnings on the label. Your policy can cover attorney fees, court costs and any settlements or judgments up to your policy limits.
Coverage typically extends to:
- Manufacturing and design defects
- Failure to warn or inadequate labeling
- Breach of warranty claims
- Bodily injury and property damage caused by your product
Who Needs This Policy?
You may carry exposure if your business handles a product at any point in the supply chain. Product liability coverage is often included in a general liability policy, but businesses with greater exposure may choose to purchase a standalone policy for greater financial protection.
Our agents may recommend this policy to manufacturers, wholesalers, distributors and retailers. Importers may also benefit from this policy.
How We Can Help
Farris Insurance works with multiple carriers to find coverage that fits the products your business sells and the risks that come with them. We review your policy limits, industry and distribution channels to make sure your coverage reflects your exposure.
Contact our team today to request a personalized quote.