For US Liability Insurance contact David Walton, Amanda Hemmings or Roy Walton directly on 01707 883377 or email us on firstname.lastname@example.org
US Liability Insurance
If you are distributing your goods in the USA you will require US liability insurance in the form of public and products liability specifically for this market.
Before an American outlet will sell your goods they will expect you to prove that you have adequate liability insurance and also a vendor’s agreement showing the name of the vendor.
For my US liability insurance I have been asked for an Acord form – What is this?
A declaration of cover is provided on an Acord form. Acord forms are standard and used throughout the United States. These are used for all aspects of insurance business unlike the UK where there is no single standard. We at Bromwall can issue Acord forms immediately to our clients for US liability insurance to comply with USA requirements.
If your business sells or manufacturers goods you are responsible for the quality of these goods and any problems they cause once they are sold.
The product can cause injury or damage to the customers property and you could be responsible to pay for any compensation. If goods are in the US, its your US liability insurance that will receive a claim.
Even if you have not manufactured the goods you could still be liable for injury or damage caused.