Product Liability Insurance for Importers
Автор: The Coyle Group - Business Insurance
Загружено: 2025-04-15
Просмотров: 126
Product Liability Insurance for Importers
Are you an importer bringing products into the U.S.? One faulty product could spell disaster for your business. In this video, business insurance expert Gordon Coyle breaks down product liability insurance for importers—why it's essential, what it covers, and how much it costs.
Whether you're importing electronics, toys, supplements, or auto parts, you're legally responsible for those products. Without proper product liability coverage, a single lawsuit could lead to bankruptcy.
👉 For expert business insurance guidance, contact us here: https://thecoylegroup.com/contact
👉 Visit our homepage: https://thecoylegroup.com
Gordon shares real-world claims examples, explains the risks of sourcing from countries like China, and gives estimated premium ranges based on product type and risk. Plus, learn how to choose the right coverage, avoid costly gaps in protection, and why working with a specialized broker makes all the difference.
⏱ Timestamps:
00:00 – Intro
00:36 – Why Importers Need Product Liability Insurance
01:13 – Real-Life Claim Examples
01:40 – China & Foreign Manufacturing Risks
02:53 – What Product Liability Insurance Covers
03:31 – How Much Does It Cost?
04:59 – How to Choose the Right Coverage
05:36 – Final Thoughts & Next Steps
🔒 Don’t let one mistake destroy your business—protect it with the right importers insurance today.
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