Business Quote Homeowners Quote Automobile Quote Life & Health Quote

WarehouseWhether you produce, manufacture or sell a product, you could be held liable if it is defective and causes injury or loss to another person. Liability protection is very important for many businesses, but it is also one of the most complex areas of business insurance. Here are a few common questions regarding liability coverage.

Who Is Liable?

One of the first steps to take when a product hurts a customer or client is to gather facts. Liability stems from negligence, which can often be very hard to prove. In short, the goal of your insurance company will be to determine who is liable for the losses suffered. In some cases, it is the company. In others, it may be the fault of the manufacturer or the consumer. Once you file a report or claim with your business insurance provider, the agency will work to establish liability.

Keeping with that theme, remember this. If a customer brings in a product that is broken or one that caused them some type of harm, never admit that you did anything wrong. Never admit that your employees made a mistake. Also, try to get the consumer to give the item to you so that you can provide it to your insurance carrier. It's best to gather as much information as possible, then allow the insurance company to handle the determination of liability, negligence and compensation.

What Can You Do To Minimize Risks?

Within your business operations, take the steps necessary to prevent mistakes like these from occurring. Ensure each employee receives proper training. Install backup measures to check the quality or safety of products. And work to confirm that your customers know how to properly use the products you sell.

Business insurance is there to protect against these types of liability risks. It takes a few extra steps to protect yourself against product liability. But every company needs to do that to ensure the business remains safe.

Protect your company from everyday risks. Call All About Insurance at (817) 589-0006 for more information on Fort Worth TX business insurance.
Share |

No Comments

Post a Comment
Required (Not Displayed)

All comments are moderated and stripped of HTML.
Submission Validation
Change the CAPTCHA codeSpeak the CAPTCHA code
Enter the Validation Code from above.
NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive
  • 2019
  • 2018
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
  • 2010

View Mobile Version
Quick Links Our Latest Blog Featured Service
Make a Payment
Employee Directory
Our Reviews
Mechanical Inspection
Featured Service
Need help assessing your vehicle's repairs? Let us evaluate it for you.
read more... learn more...
Home|Locations|Get a Quote|Employees|Make a Payment|File a Claim|Testimonials|About|Contact
dotted divider
Mid-Cities Location
7716 Glenview Dr.
Richland Hills, TX 76180
Phone: (817) 589-0006
Fort Worth Location
5840 Jacksboro Hwy
Fort Worth, TX 76114
Phone: (817) 626-3339
Mansfield/Arlington Location
1209 N Highway 157
Mansfield, TX 76063
Phone: (817) 453-5524
Serving the Dallas-Fort Worth area in Texas.
© Copyright 2017. All rights reserved. Powered by Insurance Website Builder
Social Networking Review us on Google Blog RSS Feed Follow on Twitter Connect on LinkedIn Like us on Facebook