You can expect to run into product liability claims unexpectedly. Understanding the scenarios where your product liability cover will come into play can help understand when these situations could be like. Here is a short list of the most common product liability claims recorded:
- A batch of dairy products is exposed to unwanted substances during production and results in causing stomach pain to customers.
- A brand's skateboard design causes titled movement, resulting in customers falling off and getting hurt.
- A cosmetics manufacturer does not include proper warning details for some of the ingredients that often cause allergies, affecting many customers.
These are just some of the common reasons why retailers and manufacturers face frequent product liability claims. Depending on the nature of your business,you may require a different scope of coverage than other businesses.You can only get comprehensive product liability insurance coverage if your insurance agency understands the nature of your business risks thoroughly.
At Ficke Insurance, we work together with your country-wide network of insurance carriers to provide our customers insurance policies that give them proper coverage for specific risks they face. For product liability policies, we make sure to include each client's relevant risks. This allows us to deliver better quality of services than other agencies and enables our customers to focus on their business activities instead of worrying about damage claims.