Handyman Insurance – What is Product Liability Insurance?
Monday, Apr. 1st 2024 3:04 PM
Product Liability Insurance is a type of insurance that provides coverage against claims of personal injury or property damage caused by a defective product. It works by protecting businesses that manufacture, distribute, or sell products against legal liability arising from using those products. If a product causes harm to a customer, the customer can file a claim against the business responsible for the product. Product Liability Insurance can help cover the costs of legal defense, settlement, or judgment in such cases.
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