Regional Manufacturers Access High-Limit Liability Insurance Secrets Today
Real-World Examples and Data
According to the Insurance Information Institute, businesses with comprehensive liability coverage are better positioned to handle unexpected claims without severe financial repercussions1. For instance, a medium-sized manufacturing firm that faced a $5 million product liability claim was able to continue operations smoothly due to its high-limit policy. This example highlights the importance of having robust coverage that aligns with potential risk exposure.