Skip to Content

Product Liability Insurance

2 replies [Last post]
HRPuffenstuf
Offline
Joined: 12/31/1969

Does anyone know the names of some companies that would provide product liability insurance? When I called State Farm, they said they didn't play in that space nor could they direct me to someone who could.

HR Puff

Hegemon
Offline
Joined: 12/31/1969
Product Liability Insurance

Product Liability insurance is regulated at the state level so you'll need to focus on brokers/firms doing business in your state to get specifics. For example, here's a link to a broker selling the coverage in certain states. http://www.spiris.com/product-liability-insurance.htm

After that, try googling "product liability insurance agents" and "your state" for some hits.

Anonymous
Product Liability Insurance

I ran in to the same thing with State Farm. My agent (who I have had all my insurance through for 15+ years), told me to go through an independant insurance company. He explained that independant agents are basicaly brokers, they "buy" the policys and then "sell" them to you. The cost probably varies on the business, and what kind of insurance you need. I got $250,000 of libility insurance for right at $350.00 per year. That was about 8 years ago, so the price has probably risen.

My wife just walk in, she owned a salon(sold it last year). I asked her. She said she payed $40.00 a month. That covered her inventory and equipment, shes not sure how much libility she had, but her agent did the policy and I'm sure he wouldn't under insure her. She did not own the building, so she didn't have to carry a property insurance.

You can find independant agents in the yellow pages of your phone book.

Hope some of that helps.
Good luck in your venture.

Syndicate content


forum | by Dr. Radut