LONERGAN & THOMAS

Product Liability Insurance in Vermont

Product Liability Insurance Vermont

Learn About Product Liability Insurance in Vermont & More

If you’re a business owner in Vermont who manufactures, distributes, or sells products, you may be aware of the risks that come with bringing goods to market. Even with quality control measures and safety standards in place, things can still go wrong. That’s where product liability insurance may help. At Lonergan & Thomas, we assist Vermont businesses in understanding their options for managing product-related risks.

What is Product Liability Insurance?

Product liability insurance is a type of business insurance that may offer financial protection if a product causes harm to a consumer or their property. This type of coverage can be important for manufacturers, wholesalers, distributors, and retailers throughout Vermont. Whether you’re making handmade goods in a small shop or importing electronics, product liability claims can arise unexpectedly.

Coverage options may address a range of potential claims, including design defects, manufacturing flaws, and issues related to marketing or labeling. Every business is different, and policies can often be tailored to reflect the unique risks of your industry and operations.

Why Should Businesses Consider Product Liability Insurance?

Vermont businesses—especially those that produce or sell physical goods—can be exposed to product-related lawsuits. Even a single claim could bring legal costs, reputational damage, and business interruption. For example, a product could cause an allergic reaction, malfunction and result in injury, or be accused of failing to meet safety standards.

Product liability insurance may help cover legal defense fees, settlements, and court-awarded damages, depending on the policy. Without insurance, these costs could fall entirely on the business owner. For many companies in Vermont, that kind of financial burden could be difficult to recover from.

Who Typically Needs Product Liability Insurance in Vermont?

Many types of Vermont businesses might find product liability insurance valuable. These can include:

  • Food producers and beverage makers
  • Local artisans and craft manufacturers
  • Health and beauty product creators
  • Home goods and appliance retailers
  • Outdoor gear and equipment sellers
  • Clothing and accessory brands

Even if your business doesn’t manufacture a product, you may still face exposure if you sell or distribute it. In Vermont, liability can sometimes extend to businesses that played a role in getting a product into the hands of consumers.

What Factors Affect the Cost of Product Liability Insurance?

Several variables may influence the cost of product liability insurance in Vermont. These often include:

  • Type of products sold: Higher-risk products may result in higher premiums.
  • Annual revenue: More sales can mean more exposure to claims.
  • Business role in the supply chain: Manufacturers may face different pricing than retailers or wholesalers.
  • Claims history: Previous lawsuits or losses could impact the cost.
  • Coverage limits and deductibles: Higher limits or lower deductibles generally increase premium costs.

At Lonergan & Thomas, we work with Vermont businesses to explore options that align with their budget and risk tolerance.

How Does Product Liability Insurance Fit into a Larger Risk Management Plan?

Product liability insurance is just one piece of a broader risk management strategy. Vermont businesses often combine it with general liability insurance, commercial property insurance, and other coverage types depending on their operations.

For instance, a Vermont food producer may carry product liability insurance for claims related to consumption, while also maintaining property coverage for their production facility and general liability insurance for customer slip-and-fall incidents. Taking a holistic approach to insurance can provide more complete protection.

Client Testimonials

We value our clients’ feedback. It is through the testimonials of people like you that we are able to learn how to better serve our clients now and in the future. Would you like to share your thoughts? Please let us know! Feel free to contact us!

We have found Leah Ryan to be an outstanding agent who has our very best interests as her focus of service. The world of the insurance industry is sometimes quite confusing and intimidating to navigate through. Leah takes you by the hand in clearly explaining how your coverage works and helps you to understand where there are exposures to risk. We count her as an integral part of our company team in assisting us with our overall business strategy as it relates to our insurance needs. There aren’t enough stars on this app to rate her!

Miles B., Google Review
On December 22, 2013, our sign blew down in a wind storm. With just three crucial days before Christmas, I needed a new sign, and I needed it fast. Lonergan and Thomas were amazing. I had authorization for a temporary sign the same day and received full payment for all replacement costs, including the temporary sign. It was great having peace of mind just a phone call away from Gary Thomas at Lonergan and Thomas Insurance.
Jonah S, Google Review

I highly recommend Leah Ryan with Lonergan & Thomas! She has great customer service skills and is a pleasure to deal with. She stands behind what’s she says she will do!

Minna C, Google Review
Product Liability Insurance Vermont

What Should Vermont Businesses Look For in a Product Liability Policy?

When reviewing product liability insurance options, Vermont business owners may want to consider the following:

  • Scope of coverage: Are the kinds of products you handle included?
  • Exclusions and limitations: Are there any notable gaps in protection?
  • Claims process: How does the insurer handle defense and settlements?
  • Carrier reputation: Is the insurance company known for reliable service?

Every policy is different. It’s helpful to review the details with a licensed insurance professional who understands both Vermont’s market and your business type.

How Can Lonergan & Thomas Help With Product Liability Insurance?

At Lonergan & Thomas, we’ve served Vermont’s business community for years. As an independent insurance agency, we partner with a range of insurance carriers to help our clients compare product liability coverage options.

Our process typically starts with a conversation about your products, operations, and any current policies in place. From there, we can help identify potential gaps and explore solutions that make sense for your goals and risk profile. We aim to make insurance easier to understand—without the pressure or jargon.

Product Liability Insurance Vermont

Is There a Minimum Requirement for Product Liability Insurance in Vermont?

There’s no general statewide requirement in Vermont mandating product liability insurance for businesses. However, some industry regulations or contracts with vendors and retailers may require you to carry it. For example, if you’re supplying products to a large chain or distributor, they may request proof of product liability insurance as part of your agreement.

Checking your legal obligations and contract requirements is a good first step. If you’re unsure where to begin, we’re happy to help review what’s expected.

Food Truck Insurance Vermont

How Can You Get a Product Liability Insurance Quote?

Getting a quote for product liability insurance is straightforward with Lonergan & Thomas. Whether you’re just starting out or looking to review your existing coverage, we can guide you through the process. Quotes are based on details like your industry, business size, revenue, and product type.

We’re local, and we understand the unique needs of Vermont businesses—from rural makers to downtown shop owners. Our team is here to support your success with personalized service and thoughtful recommendations.

Contact Lonergan & Thomas today to start the conversation. We’re here to help protect what you’ve built—so you can focus on growing your business with confidence.

Request a quote or contact an agent.