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Most businesses aim to make their customers happy. However, when a customer responds negatively to a product or service, they might end up suing for injuries and damages caused. Let’s say you run a restaurant. If a customer visits your restaurant and gets injured by a splinter on a wooden door, you’re liable for the injury. Speaking of doors, it’s always best to opt for commercial hollow metal doors. They’re sturdy and less likely to crack like wooden doors.

In this respect, door suppliers like CDF Distributors will help. They’re the number one online retail door supplier in the United States. They have eight warehouses across the country and will deliver your order within five working days or less. You can also preview your chosen products on the 3D Door Designer found on the website. This will offer a fair idea of what to expect. If you’re unsure about which product best suits your business, their expert team of door experts is readily available to answer all your question.

Back on the topic of public liability insurance and product liability insurance. No doubt, they’re very important. They financially assist business owners and manufacturers in addressing cases where an unhappy consumer decides to take legal action. Let’s find out exactly what these policies are and what they individually stand for.

What is product liability?

Product liability addresses your legal liability regarding property damage, personal injury, illness, or death. It also protects product manufacturers from incurring legal damages during liability suits. For example, if you sell gym equipment and the hinges of a particular product came off and fell on a customer. Although not intended, your customer’s injury will be your company’s responsibility because your defective product caused it.

What is public liability?

Public liability addresses your legal liability regarding third-party property damage, third party injury, illness, or death in connection with your business. While product liability deals with allegations of property damage or personal injury caused by a product your company supplied, public liability deals with claims of property damage or personal injury caused by your company.

What does a product liability policy cover?

Product liability insurance also covers your company’s legal fees and all other expenses that may come up during a claim. If found liable, the insurance will protect your company by covering your legal liability to personal injury victims regarding medical costs, damages, or a settled amount of compensation. Having a blend of these two insurance policies can help protect your company from such accidents, whether or not the parties involved are still alive.

What does a public liability policy cover?

Public liability insurance covers your company’s legal fees, whether or not the party or parties involved die. The insurance also covers all other expenses that may come up during a claim. If found liable, it will also cover your legal liability to third parties regarding medical costs or damages.

If you’re yet to sign up for public liability insurance, you should endeavor to do as a business owner. It also saves you a lot of money. It would help if you also equipped your employees with appropriate resources to avoid or limit public liability cases.

You can find more about the different types of business insurance your company may be eligible for on informative sites like iSelect. They’re Australia’s number one insurance comparison site. You can search and filter through lots of insurance deals and products based on what best suits your business. If you’re not sure which insurance to settle on, you can also call their customer service line for assistance. You’ll be greeted by their trained consultants who’ll provide the needed assistance.