Product Liability Insurance That Covers Home Office Equipment
Quick Quote Turnarounds
With an efficient, streamlined process, Insurance Canopy can provide you with a quote within 48-72 hours.
Experienced Agents
Succeeding in the ecommerce industry means consulting with professionals who can help you progress and meet industry standards.
Meet Retail Requirements
With years of experience reviewing the insurance portion of retail contracts, our agents can help your business to meet these requirements.
Coverage Details
General Liability Limits
The most your policy will pay in a 12 month policy period for bodily injury and property damage claims that you become legally obligated to pay due to your business and professional services.
$2,000,000
The maximum amount your policy will pay in a 12-month period for bodily injury and property damage claims that result from the products you use to perform your services. However, it does not cover your products that are sold or distributed.
$2,000,000
The amount that your policy will pay for claims arising out of one or more of the following offenses:
– False Arrest, detention or imprisonment
– Malicious prosecution
– Wrongful Eviction or Wrongful Entry
– Oral or written publications that slander or libels a person or organization
– Oral or written publication or material that violates a person’s right of privacy
– The use of another’s advertising idea in your advertisement
$1,000,000
The maximum the insurance carrier will pay for a bodily injury or property damage claim that you become legally obligated to pay due to your business and professional services.
$1,000,000
Applies to damage by fire to premises rented to the insured and to damage regardless of cause to premises (including contents) occupied by the insured for 7 days or less.
$300,000
A general liability coverage that reimburses others, without regard to the insured’s liability, for medical or funeral expenses incurred by such persons as a result of bodily injury (BI) or death sustained by accident under the conditions specified in the policy.
$5,000
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Insurance Highlights
- Additional Insured Endorsements
- Inland Marine Coverage
- Hired/Non Owned Auto Coverage
- Employee Benefits Liability
- Trade-show Coverage
- Product Withdrawal Coverage
Business Classes
- Manufacturers
- Distributors
- Retailers
- Wholesalers
- Importers
Questions About Product Liability Insurance For Home Office Equipment
Product liability insurance for home office equipment protects those who produce, manufacture, distribute or sell home office equipment from liability claims that may arise from their products’ exposure to consumers. If your product causes bodily injury or property damage to another person or piece of property, you could be held responsible for the costs associated with those damages. Defense costs alone could put a business under.
Product liability insurance can protect your business from claims arising from your home office equipment that have been sold in the marketplace. Every product carries unique risks, and Insurance Canopy can help protect you against those risks.
Purchase PolicyThe home office equipment you sell exposes you and your business to lawsuits. The median product liability award in 2017 was $1.5 million. One of the main issues business owners have faced and continue to, is concerns around liability arising from their products and operations. In our litigious society, more and more third-party lawsuits are being filed, and you can’t keep your business exposed to that risk.
Under the definition of “strict liability,” a person who is injured by a product may be entitled to compensation for their injuries without showing that the manufacturer or seller of the product was actually negligent. Attorneys costs, court fees, medical bills, and settlement costs can accumulate at a staggering rate. Not having liability coverage puts everything you have built at risk.
Product liability insurance from Insurance Canopy for your home office supplies can help protect your business from claims arising from your products and likely protect you from paying for a lawsuit out of your own pocket.
The cost of product liability insurance is much more cost effective than the amount you’d have to shell out if your business was involved in a lawsuit. The cost of liability coverage for home office equipment is based on many variables which include: the product you manufacture, distribute or sell, the volume of sales, where your organization fits in within the chain or commerce, geographical location, and so on.
Our agents can help you find the best competitively-priced premium for your policy.
Purchase PolicyYour product liability insurance policy for home office equipment can be tailored to fit the unique needs of your business. We’ll provide coverage options for your product liability policy based upon the exposures that you may have.
Our product liability policy provides coverage for the home office equipment or goods manufactured, sold, handled, distributed, or disposed of by you and/or your company. The policy also includes protection from providing, or failure to provide, warnings or instructions about your products.
Canopy provides product liability insurance for home office equipment to both large and small businesses.
Purchase PolicyYes! Without product liability insurance for home office equipment, you could face a lawsuit that would be financially devastating. Insurance could help protect you against that. Plus, if you’re attempting to expand your business, most retail contracts require you to have product liability insurance for your products.
Purchase PolicyChoosing the right insurance is critical.
Home Office Product Liability
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