- How much does product liability insurance cost in Huron East?
- The cost of product liability insurance in Huron East depends on your specific details, coverage, and deductible. The best way to know is a free quote — as an independent broker we compare 17 insurers to find your lowest price.
- How do I get product liability insurance in Huron East?
- Request a quote online in minutes or call Insurabiz at 613-355-3130. We'll compare our full panel of insurers to find the right product liability insurance for you in Huron East.
- Why use a broker for product liability insurance in Huron East?
- A broker works for you, not one insurer. We shop the whole market at once to find the best product liability insurance coverage and price in Huron East — with local advice and an advocate at claim time.
- What does product liability insurance cover?
- It covers damages and legal defence costs when a product you made, imported, distributed or sold causes bodily injury or damage to someone else's property after it has left your possession. That includes claims over defects, design and inadequate warnings or instructions. It does not pay to replace your own defective product or to recall it.
- Is product liability part of my CGL policy?
- Usually, yes. A standard Canadian commercial general liability policy includes products and completed operations coverage, typically with its own annual aggregate limit. Some insurers write it as a standalone policy for online brands with no premises. Check that your products are described accurately and that the aggregate is high enough for your contracts.
- I only resell products. Can I still be sued?
- Yes. Negligence can be alleged against anyone in the distribution chain, and provincial sale of goods laws imply conditions of merchantable quality and fitness into sales by businesses that deal in those goods, whether or not they made them. Retailers and distributors should carry their own products cover and ask suppliers for vendors endorsements.
- I import products made overseas. Am I treated like the manufacturer?
- In practice, often yes. When an injured Canadian cannot realistically sue a foreign factory, the importer is the nearest defendant with assets in Canada. Importers also carry federal reporting duties for consumer products. Insure imported goods by name, collect supplier certificates, and treat a foreign supplier's indemnity as a backstop rather than your protection.
- Does my policy cover products I sell into the United States?
- Only if the coverage territory includes suits brought in the United States and your US sales were disclosed and rated. Some Canadian wordings limit the territory to Canada. US products liability is generally strict liability under state law, so insurers price it separately and sometimes decline it. Confirm the territory in writing.
- What is a vendors endorsement?
- It is an endorsement that adds a retailer or distributor to the manufacturer's or importer's policy as an additional insured for claims arising from the products it resells. Large retailers and marketplaces often require one before listing your goods. It usually excludes the vendor's own conduct, such as repackaging, relabelling or making its own warranties.
- Does product liability insurance pay for a recall?
- No. A standard CGL excludes the cost of withdrawing, recalling, inspecting, repairing, replacing or disposing of your product, your work or property that contains it. Those costs are covered by product recall insurance. Product liability pays the injury and damage claims, so businesses with recall risk usually need both.
- How long after a sale can someone sue over a product?
- In Ontario, the basic limitation period is two years from the day the claim was discovered, with an ultimate limit of 15 years from the act or omission. Because CGL responds to injury that happens during the policy period, a claim can reach a policy that expired years earlier. Keep your old policies and product records.
- Do small makers and home-based brands need product liability?
- Yes. The exposure depends on what the product can do, not on the size of the business. Many markets, shops and online marketplaces require proof of liability insurance before you can sell. Small-batch makers of candles, cosmetics, food and children's goods are rated on their sales and product type, so cover is usually scaled to the business.
- How is product liability insurance priced?
- It is usually rated on annual sales, by product class, with separate rates for Canadian, US and other export sales. Insurers then weigh your role in the supply chain, distribution channels, quality and labelling controls, supplier certificates, limits and loss history. A complete submission with product lists and sample labels gets the most accurate terms.
