How much does Products Liability Insurance cost? Average premiums by business size, industry, and state — plus the key factors that drive your rate up or down.
Comprehensive FAQ, cost guide, and claims examples for products liability insurance — coverage for manufacturers and sellers.
Products liability insurance covers claims of injury or damage caused by defective products manufactured, distributed, or sold by a business.
| Business Size | Annual Revenue | Typical Premium | Notes |
|---|---|---|---|
| Small Manufacturer | Under $1M | $2,000–$5,000/yr | Basic products liability. |
| Large Manufacturer | $10M+ | $15,000–$100,000/yr | High-limit coverage with international exposure. |
Select requested limits, describe the operation and property, then upload current policies, loss runs, product or job specifications, and schedules on the dedicated application.
The existing pricing examples below provide context, not a binding rate. For manufacturers and component producers, a useful quote starts with production methods, raw materials, component end uses and your responsibility for design. Send the details once and ask for terms you can compare against your actual requirements.
Request My Manufacturing Quote
Two businesses with similar revenue can present different product exposures. Break out product families, customer types and sales territories, and explain production methods, raw materials, component end uses and your responsibility for design. Identify a new production line, a larger customer contract or a change in component end use in your forecast so the request reflects the business you expect to operate during the policy period.
Bring inspection results, material certifications, change-control records and production lot identifiers together with your current policy and available loss runs. Documented controls help explain the operation, but do not guarantee a lower premium. If information is still being assembled, start with accurate known details and identify what you will provide later rather than guessing.
Ask for the limit, aggregate, deductible or retention, defense provisions and relevant exclusions in each proposal. Check customer specifications, subcontracted work and completed-operations requirements against the offered terms. A lower price is only useful if the coverage fits the activities and products you disclosed; separate recall or other coverage may require its own proposal.
Start the existing form with your business details, product class and target effective date. Include the limit requested by your customers and explain any upcoming renewal deadline. A specialist can then review the submission and available options; pricing and eligibility remain subject to underwriting and written terms.
Coverage depends on the issued policy, exclusions, limits and underwriting. Product recall, replacement of your own defective goods and other business exposures may require separate coverage. A quote request does not bind insurance.