Products Liability Insurance 

All products are expected to be safe, of good quality and supplied in good working order, from electronics and other consumer goods to pharmaceuticals and other health related goods. If products don’t meet those expectations and cause injury or loss because of defects, malfunction or even incorrect instructions a law suit can be brought against you. Damages awarded can be extensive and include compensatory damages, medical costs, legal costs, economic and/or punitive damages. Such a claim can put your hard work out of business simply due to expense. 

Did you know that even if you don’t manufacture a product you are selling, does not mean you are not liable for it. Consumer products manufactured and exported from outside of Canada require the same protection against alleged negligence. Resellers of products can be included in any lawsuit. And it’s not just goods manufactured overseas. Even more so if the product you are selling was manufactured in Canada or the US that only heightens your risk exposure meaning there is a greater chance of you being named in a lawsuit for alleged negligence against the product. 

Insurance is one way to mitigate the risk. However we at Hubbard Insurance Group also recommend you take an active role in understanding the safety and quality of the products you manufacture, distribute, resell. Furthermore be sure there is proper safety and instruction labelling. Review the contractual obligations with your suppliers to ensure the proper wording is in place to protect your business should a loss occur. 

If your business involves product you will need Products Liability Insurance. We are here to work with you to ensure you are covered! 

Call us to discuss your business and we can determine the best risk management package for you. We will get you the protection you need at a competitive rate. To learn more or get a free quote contact us 905-696-9090 or Toll Free 1-800-900-2009 or better@hubbardinsurance.com

Other Insurance Coverage to Consider

GENERAL BUSINESS INSURANCE

Protect your business property and assets as well as your reputation from lawsuits, accidents and more.

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INFORMATION TECHNOLOGY INSURANCE

Coverage for special risks and strict regulations - disclaimers, copyrights, confidentiality, e-commerce financial exposures. We have the safeguard you need.

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GROUP BENEFITS & LIFE INSURANCE

Coverage for health care, dental care, short term or long term disability, life insurance for any size businesses operation.

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