Product Liability Insurance: Electric Bicycles 🚲
$300,000 Sales – $1M Per Occurrence / $2M Aggregate Liability Limit
Product Liability Insurance: Electric Bicycles and accessories, Max Speed 20 MPG, 750 watts
Risk: Product Liability Insurance: Electric Bicycles. Further, the products marketed are under that of the insured and manufactured by a 3rd party | |
| Product Liability Insurance Class | Electric Bicycles and accessories |
| Location State | Florida |
| General Liability Insurance Per Occurrence | $1,000,000 |
| General Liability Insurance Aggregate | $2,000,000 |
| Product Liability Insurance Per Occurrence | $1,000,000 |
| Product Liability Insurance Aggregate | $2,000,000 |
| Hired & Non-Owned Auto Liability | DECLINED |
| Blanked Additional Insured Vendors | INCLUDED |
| Blanket Waiver of Subrogation | INCLUDED |
| Blanket Primary Non-Contributory Endorsement | INCLUDED |
| Product Recall | DECLINED |
| Liability Deductible | $2,500 |
| Annual Product Gross Sales | $300,000 |
| Annual Coverage Cost | $8,224.00 |
| Special Notes: No prior losses Blanket additional insured endorsement. Includes vendors additional insured endorsements | |
Product Liability Insurance: Electric Bicycles and e-bike accessories. Description of Operations: Product liability insurance for a the sale of electric bicycles. Additionally, products are designed buy the insured and manufactured in and imported from overseas.
Product Liability Insurance: Electric Bicycles and e-bike accessories. Description of Operations: Product liability insurance for a the sale of electric bicycles. Additionally, products are designed buy the insured and manufactured in and imported from overseas.*Insurance quotes are specific to the insured’s operations, location, coverage limits, and sales. Therefore, Coverage costs for an individual business are not to be implied as costs for any or all similar businesses.
Is Product Liability Insurance for Fitness Equipment Manufacturers & Distributors is Difficult to Obtain?
Not for us.As you well know, this type of equipment is subject to heavy use in healthcare or fitness facilities or fitness centers. It may be used improperly in those facilities or in individual’s homes. In either case, exercise equipment has the potential to cause serious bodily injuries and generate expensive lawsuits. That’s why some insurers shy away from these types of risks.
Our Individual Risk team has the knowledge and experience to help protect clients who manufacture, distribute, or service exercise equipment from product liability claims, suits and losses.
For more information on product liability insurance for electric bicycles click here
