Product Liability Insurance
We understand that no matter how meticulously you design and manufacture your products, unforeseen issues can arise, posing significant financial threats to your company.
Do not let the unforeseeable future pose threats to your business.
Neglecting Product Liability Insurance exposes your business to the danger of costly lawsuits, legal expenses, and damages stemming from defective products.
If one of your products causes harm or injury to a consumer, your company may be held responsible for medical expenses, legal fees, and potential settlements or judgments.
Defending against product liability claims can be an expensive and complex legal process.
Product defects or failures that result in injuries or damages can harm your company’s reputation.
Protecting Futures Today™
With our insurance, you can rest easy knowing that your business is shielded from product-related risks.
- General Liability Coverage
Protection against claims for bodily injury, property damage, and personal injury arising from business operations.
- Legal Expenses Coverage
Business liability insurance covers the costs of legal representation and defense when facing legal action due to employee negligence.
- Medical Expenses Coverage
When your company is accused of posing bodily injury or harm to a third party, liability insurance covers the associated medical expenses, such as medical treatments, hospital bills, and rehabilitation costs.
- Settlement and Judgment Costs Coverage
In the event that your company is found liable for damages caused by employee negligence, the insurance policy helps cover the financial obligations, such as settlement agreements or court-awarded compensation.
Combine your Personal, Commercial & Financial Services products
Whether you’re looking for insurance or financial services, The Shepherd Group’s trusted brokers and financial service specialists are here to protect your future today, with a comprehensive and coordinated approach to insurance for your personal, business, and financial service needs.