If your small to mid-size Florida business manufactures, sells, creates or modifies products, you need product liability insurance. It protects your business from lawsuits arising from personal injury or property damage associated with the use of your product. Even if your product is not at fault, you could still be responsible for your legal defense costs. Product liability insurance helps cover these costs.
It protects against products that:
- Damage someone’s property.
- Injure someone.
- Make someone ill.
The insurance cost varies depending on your assets, risks and claims history. As a small to mid-size business owner and employer, it is essential to have accurate and sufficient coverage to help pay for legal fees, court costs and settlements arising from product-related claims.
At JAISIN, our business insurance advisors are well versed in product liability insurance regulations in Florida and select states.* This insurance is not to be confused with commercial general liability (CGL) insurance, which covers claims related to bodily injury, personal injury and property damage that occurs on your business’s premises.
If you already have CGL, we can easily add product liability coverage to your existing plan. Our experience combining commercial liability products results in fewer premiums and additional savings. Although our core client base is small to mid-size companies, our years of experience with commercial product liability insurance plans translate to large businesses as well. As always, our goal is to help you protect what’s yours.
What Gives JAISIN the Edge on Product Liability Insurance?
JAISIN, an independent, full-service insurance company that provides commercial product liability insurance company, uses the following five-step approach to ensure business owners get the broadest insurance coverage at the lowest price.