While product liability insurance is not required by law in most places, it is highly recommended to protect your business from potential claims. Additionally, some clients or contracts may [...]
Yes, many product liability insurance policies can be tailored to cover products sold in international markets. Be sure to discuss your specific needs with your insurance provider to ensure [...]
Product liability insurance typically does not cover the costs associated with recalling a defective product. Separate product recall insurance is needed to cover such expenses.
The amount of coverage you need depends on the size of your business, the nature of your products, and the potential risks involved. It is advisable to consult with [...]
Product liability insurance does not cover intentional harm caused by a product, professional negligence, or employee injuries. For professional negligence, you would need professional liability insurance. For employee injuries, [...]
A business owner’s policy may offer some coverage for movable property, but it is often limited. Inland marine insurance provides broader and more specific coverage for goods in transit [...]
Inland marine insurance generally includes coverage for theft, protecting your movable property and goods from being stolen during transit or while stored at temporary locations.
Yes, inland marine insurance can cover leased or rented equipment, providing protection against damage or loss while the equipment is in your possession.
While standard property insurance covers items at a fixed location, inland marine insurance provides protection for movable property and goods in transit. This makes it ideal for businesses that [...]
Inland Marine Insurance typically does not cover property at fixed locations, such as buildings and permanent structures. For this type of coverage, you would need a Commercial Property Insurance [...]