For Product Liability Cases, a Business's Size Means Nothing

When is comes to product liability cases, size (small size that is!) won't protect you! So before you end up dialing a Florida product liability lawyer, a Philadelphia product liability lawyer, a Virginia product liability lawyer or a Georgia liability lawyer, dial your insurance agent to find out what your needs are in the product liability insurance area.

A trip to the Consumer Products Safety Commission website, revealed the following short FAQ on small business and its responsibility in product liability cases. Here is a short FAQ!

Do CPSC's laws and regulations cover me if I only have a few employees or don't operate full time?

Yes, they do. CPSC's laws cover every company -- regardless of how few employees it has or how few hours a week it operates -- that manufactures, imports, distributes, or sells any type of consumer product covered by any law CPSC administers.

As a small business, do I have any reporting obligations under CPSC's laws?

Yes. Firms, regardless of size, must report any potentially hazardous products to CPSC immediately (within 24 hours, as a general rule), in accordance with section 15(b) of the Consumer Product Safety Act [15 USC § 2064(b)]. Any firm must report to CPSC if it has information that reasonably supports the conclusion that a product fails to meet a CPSC consumer product safety rule, standard, or ban, contains a defect which could create a substantial product hazards, or creates an unreasonable risk of serious injury or death must report to CPSC.

Firms can file reports of potentially hazardous products on CPSC's web site.

You can locate a Small Business Ombudsman at the U.S. CPSC, Washington, D.C. 20207, Tele. (888) 531-9070, Fax: (301) 504-0121, E-mail: sbo@cpsc.gov.

Links to Insurance Articles in This Section

Workers Compensation Insurance

Home Business Insurance

Comprehensive General Liability (CGL)

Comprehensive General Liability (CGL)

Professional Liability Insurance

Product Liability Insurance

Product Liability Insurance for Small Business

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