What is product liability insurance?
Product liability insurance is a type of product insurance designed for businesses that provide goods and services to people in exchange for money. It can make sure you are protected if the products you sell directly or indirectly cause harm to anyone.
You could be providing products to end users, such as in a retail store, or using products to fulfil your service, such as a plumber installing bathtubs. If that product was to make someone ill, injure them or worse, and you became liable, product liability insurance can protect you from the financial repercussions.
Hi, I make my own nail polishes and beauty products, do you have any recommendation for product liability insurance? I already have public liability insurance. TIA
Hi Pari,
I hope you are doing fine today. Thanks for your question.
As we are a comparison website, I cannot recommend or suggest a specific option for you, as your decision would entirely depend on your needs.
On the page you are viewing, you may fill out the form for you to receive a quote for product liability insurance.
I hope this helps.
Cheers,
Judith
If we want to be a distributor for a certain camera brand from China. Apart from product liability what other insurance do we need? I would like a quote please. Thank you
Hi Renae,
Thank you for your inquiry.
As we are a comparison website, I’m afraid we may not be able to recommend specific insurance to you as the best option would depend entirely on your situation by taking into account the type of your business, your cover needs, and the insurance you can afford. Nevertheless, there are types of business insurance that you’d want to check. If you’d like to get a personalised business insurance quote, best to fill out the form from that same page and click on the green “Enquire Now” button.
Please ensure you review the relevant PDS and T&C before purchasing a cover.
Cheers,
May
Hello. I am wanting to start a small home based business making baby wash, lotions etc. that a naturally based. I have developed the product and now am looking at the next steps. It will be an online business with myself doing everything and not employing anyone. What type of insurance will I need to start with? and around about what will I need to pay?
Hi Fran,
Thank you for your enquiry. Considering you are manufacturing your own product to distribute to the public, it would definitely be worth considering taking out product liability cover to offer protection in the event that a claim is made against you. It is not possible to provide you with an estimate for what you will pay based on this information alone as many other factors will need to be considered. finder.com.au is not currently partnered with any business insurance providers but we can recommend the business insurance broker austbrokers.com.au/
Thanks again for your enquiry and apologies for not being able to provide more assistance at this stage.
Hi,
I am new in business and just started sourcing out for product liability insurance for my business. I am selling security products importing from China and resell it in Australia. However, all of the insurance companies I called advise that they do not offer product liability insurance to anyone that import Electronic products from overseas especially security products (cctv, camera gadgets etc) because I am considered as the manufacturer of the products if I’m importer. The insurance companies advise that we should go for insurance brokers to source for the product liability insurance. We have being sourcing for the past few months and it appears that anyone that sell imported security products from overseas will not be able to cover the business in terms of product liability. Do finder.com.au know of any insurance companies that offer this type of product liability insurance.
Your help is much appreciated.
Al
Hi Alan,
Thank you for your enquiry. Unfortunately, most insurers will exclude cover for products that are imported from overseas. Finder does not currently feature any Business Insurance providers that will provide cover for this type of product distribution. You may wish to make an enquiry with the Australian General Insurance Broker Group Austbrokers.com.au
We apologise for not being able to provide further assistance with your enquiry at this stage.
Thanks again for your enquiry and all the best.