Is Product Liability Part of a Commercial Insurance Policy?

Commercial insurance covers many different aspects of your business. Product liability is often included in commercial policies to protect businesses from incurring large amounts of financial debt if a product is proven to be defective. In Santa Clarita, CA, residents can discuss questions and concerns they have about defective products with the agents of WPL Insurance Services. With the right amount of product liability in place, your company will have the protection it needs to survive a claim associated with a defective product.

Defective Products

Defective products can cause a variety of injuries. They can also cause property damage. With the right type of product liability coverage, you will be protected from products that are made from defective materials and poor workmanship. In many cases, if one product is defective, then many others may also be defective. Product liability is essential at minimizing financial loss.

Poor Design

Poor design can lead to a faulty product. By identifying poor design flaws and imperfections, you can reduce your risk of product liability. While this may seem like a fault of the manufacturer, you may not discover the problem until a few units have been sold and your customers file a claim.

Liability Coverage

Liability coverage is an important part of any commercial insurance policy. It is important to talk to your agent about what type of liability your company may require and in what amounts.

At WPL Insurance Services, agents are constantly helping business owners in Santa Clarita, CA find the right commercial coverage. Whether it is liability coverage or product defects, a commercial policy will make it possible for your company to survive a financial disaster. Call and speak to an agent when it is most convenient for you!