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Product Liability Insurance in Half Moon Bay, CA and San Mateo County

As the owner of a business, you are liable for any products you manufacture or sell—and if somebody is hurt as a result of using the product, you may be at fault for the incident.

When you ask for coverage from our agency, we will determine the likelihood of a lawsuit being brought against you as a result of one of your products being used. Our experts can identify the risks associated with your products or services and appropriately scale a policy to cover those risks. We can also offer advice on how to make your products less prone to risk. This may involve modifying your product, packaging it differently, or changing any instructions and warnings included with the product. When done well, these precautions can help reduce the company's liability and stop customers from using the product in an unsafe way.

Do I need Product Liability Insurance?

If your company manufactures or sells any kind of product, it is strongly recommended that you have some form of liability coverage. Even products that are widely regarded as 'safe' can malfunction in a way that causes harm to the user, and defending against a lawsuit is usually expensive enough that many companies (and claimants) prefer to simply settle out of court. Product liability insurance can reimburse you for expenses (including defense costs and settlements) that occurred during this process.

Product liability cases that go to court are among the most expensive forms of personal injury cases, and as of 2013 these cases had an average payout of more than $6 million. All companies that obtain this type of coverage are encouraged to have a policy limit higher than the median payout—anything less makes it likely that your company will suffer significant losses if a jury decides against you.

Don't forget to talk to your agent on a regular basis as your business continues to grow. Larger businesses often face larger risks than smaller ones (including, among other things, increased exposure as a result of having more customers who could potentially file a lawsuit). A plan that suffices for a small company may not be enough to protect a large one.

What does Product Liability Insurance Cover?

Product liability insurance mainly covers the legal obligations of a company. This may include payments like:

  • Court fees
  • Legal defense costs
  • Personal injury awards
  • Out-of-court settlements
  • Miscellaneous fees that may occur during any of the above

If you feel any of these forms of coverage are missing from your policy, or if you are starting a business and need product liability coverage, speak to a Weller/O'Brien Insurance Services agent or request a quote today.

 

1. Ross, Kenneth. "The Role of Product Instructions in Product Liability Prevention." In Compliance. April 30, 2015. Accessed April 18, 2016. http://incompliancemag.com/article/the-role-of-product-instructions-in-product-liability-prevention/.

2. "Settle Your Personal Injury Claim." AllLaw.com. Accessed April 18, 2016. http://www.alllaw.com/resources/personal-injury/settle-your-personal-injury-claim.

3. "Product Liability." III. Accessed April 18, 2016. http://www.iii.org/fact-statistic/product-liability.

Our Location

Weller/O'Brien Insurance Services

720 Kelly Avenue
Half Moon Bay, CA 94019
Main office: 650-726-6328

Our Providers

Testimonials

I live in Santa Cruz and work in Half Moon Bay. I decided to go with Weller O'Brien in HMB because it's a smaller town, and I figured they would give me more attention and better service than if I went to someone in Santa Cruz. I wasn't let down. They are always quick to return my calls. I am more then just a policy to them. I've never had an insurance salesman go over a policy like that before. It made me confident that I was with the right group.

Brian S.
Kevin and all of his staff have been great in handling all of my insurance needs for my personal and business operations. Not only is it helpful having them local so I can pop in any time but they also help me understand the different insurance options available to me. Thanks Kevin

Bryan B.
Weller O'Brien Insurance Services in Half Moon Bay, California is wonderful! On my Homeowners Insurance Policy they were able to give me better coverage and save me money. Kevin, Barbara and Adam are always courteous and friendly. If you are in their office or speaking with them on the phone they always make you feel special. I do not hesitate to refer my friends to them..

Teresa A.
Kevin is the best! We have our business insurance with him and we are very happy. His staff is top notch and very helpful. They have a cool new office in downtown HMB, perfect for people that want a face to face in this day in age where so many things are online and impersonal. Thanks for everything Kevin and crew.....we love you.

Mike A.
When looking for homeowners insurance, I checked out several companies. Weller O'Brien by far had the best customer service. Their insurance coverage was comparable to other companies, only much less expensive. Every time I've called I've spoken with Betty, Adam or Kevin directly and all my questions have been answered. They even looked over my auto insurance to make sure that I was fully covered. I would highly recommend them to anyone needing new insurance or wanting to have their current insurance evaluated.

Angela B.