Due to technological advances, purchasing goods and products are more comfortable now than the old days. You can opt to buy through online shops and advertisements than to go to malls or markets. However, this effortless buying of things has disadvantages. Sometimes, products obtained from online shops have damages that affect its usability. With this drawback, it’s interesting to know about product liability insurance. The insurance includes coverage when your bought products injured you or your property. Here are some benefits that you can get:
Unclear Instructions or Warning
Your product liability insurance covers injury from products without clear instructions and warning. The product may contain specific instructions but is not good enough for consumers to understand it. You can sue the company when you acquire injury from merely exploring the product’s usage. While the company will give compensation, it’s an excellent way to improve their product further and put clear warnings for the general customers.
Production and Design Error
You can sue the company by providing proof that you acquired injury due to the manufacturing of the product. For example, you bought an electric fan, and the blades suddenly went off and injured you or damaged your property. You can argue that the design for the fan is lousy since it should prevent the blades from disjunction. Furthermore, you can also sue the company if you know someone who has the same product and ended up getting hurt. Argue that your product has flaws due to manufacturing and production error.
Strict Liability Concept
Product liability insurance covers a person who gets an injury without knowing that the product has defects. There are some conditions to get this coverage. First, the fault needs to be dangerous and causes harm to the owner. Moreover, the owner acquires injury when using the product in its intended use. Lastly, the owner did not do any changes to the object itself after he or she received it. The concept of strict liability started in the 1960s as the court advised that manufacturers need to bear risks of selling products.
Some Final Words
Try to look for reviews when you buy products. It’s better to ensure your safety than buy cheap products that may injure you or cause damage to your properties. However, accidents can happen and insurance will take care of you. Investing in product liability coverage ensures you to these kinds of injuries in the future.
At Insurance Advisor Network, we aim to provide comprehensive insurance policies that make your life easier. We want to help you get the insurance that fits your needs. You can get more information about our products and services by calling our agency at (918) 528-6226. Get your free quote today by CLICKING HERE.