Products Liability in New York, NY, Los Angeles, CA and Phoenix, AZ
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Products Liability Information
What it Covers
General Liability covers a wide range of risks by paying for the cost of litigation as well as restitution for the injury. These costs may include court awarded damages, settlements and medical costs.
If there is a defect in a product you sell, products liability will cover this issue.
Why you need it
In order to protect you and your company General Liability/Products Liability Coverage is coverage you need. If you can think of any situation where your company or any of its employees is directly or indirectly responsible for the safety of others or another’s property, you have exposure. According to Amazon’s Terms of Service, a company is required to carry $1,000,000 General Liability coverage if sales are more than $10,000 annually.