Admiral Insurance Group offers Products Liability insurance that is designed for moderate-to-high-risk accounts. This coverage is made available exclusively by our national network of wholesale brokers.
What’s at Risk
When a product breaks, doesn’t perform as promised– or worse–turns deadly, manufacturers, importers, distributors, and even sellers can be accused of negligence, regardless of actual fault. Products Liability insurance protects your clients in the event of a defective product. Every business must protect their business and assets against these potential claims.
Our Solution
Admiral’s Products Liability coverage is targeted to manufacturers and distributors of a wide range of products from moderate-to-high-risk. The innovative underwriters on our casualty team craft customized coverage solutions to meet the needs in this competitive space.
Products Liability Coverage
Learn more about Admiral’s Products Liability coverage, including coverage capabilities and sample classes.
Coverage Capabilities
- From new start-ups, established businesses, to businesses being sold/discontinuing operations
- Stand-alone Products Liability, or full CGL
- Discontinued Products Liability – entire product line or specific products
- Occurrence or claims-made coverage form
- IBNR (nose) cover; retroactive coverage for gaps in prior insurance
- Primary commercial general liability (CGL) up to $5M available
- Product withdrawal expense (CG0436) coverage available
- Deductible options ranging from zero/no deductible, low, to self-insured retentions with approved TPAs
- Excess follow form available up to $10M, subject to combined primary/excess limit of $11M
- Worldwide coverage available
- ISO and Admiral forms & enhancements
- “Swing premium and premium audit waiver”: flexibility for sales more/less than anticipated; money back or no audit in many cases.
- “Manufacturers and distributors enhanced coverage”: includes med-pay for product-related losses, product design coverage, a collection of additional insured forms and more.
Sample Classes
- Amusement products from playground equipment, bounce houses, roller coasters to water slides
- Automobiles and auto parts – OEM to after-market
- Chemicals, paints, coatings, sealants, adhesives
- Firearms – specialty guns, shotguns, rifles and parts, ammunition and accessories
- Industrial machinery/mobile equipment/machinery parts, valves, gaskets and oil and gas/energy products
- Safety products of all types, PPE and hand sanitizer
- Sporting goods, powersports equipment and parts – no contact sports helmets
- Toys, consumer goods and electronics
- Trailers, truck bodies and modifications and conversions, RVs and camper trailers
- Medical equipment/expendables
- no implantables/products left in body
