Longmont, CO Manufacturing Insurance

The chain of product liability begins with the parts supplier, progresses to the assembling manufacturer, continues with the wholesaler and ends with retail store owners.  If a product is defective, everyone involved in creating and selling the flawed product is liable for damages.  According to Cornell University Law School, “a defendant is liable when it is shown that the product is defective. It is irrelevant whether the manufacturer or supplier exercised great care; if there is a defect in the product that causes harm, he or she will be liable for it.”  Product liability insurance typically covers damages, legal defense fees and settlement charges even when the insured is found negligent or liable.

Since no product liability law exists at the federal level, it is important to hire a local insurer that is knowledgeable about Colorado’s statutory provisions.

We take the time to design a custom policy based on your specific risk factors including:

• the purpose of your product and what it is composed of
• who will use the product and for what length of time
• how many products will be made
• the clarity of instructions, guarantees and/or associated warranties

The insurance agents at Mountain Insurance: Longmont know how to protect their local clients from product liability claims due to design, manufacturing or marketing defects- call us today for an individualized quote.