Product liability insurance protects businesses from claims arising from damages or injuries caused by their products. It provides coverage for legal defense costs, settlements, or judgments if a product you manufacture, distribute, or sell causes harm to a consumer. Whether product liability insurance is necessary depends on the nature of your business and the products you offer. If your business involves manufacturing, distributing, or selling products, it is highly recommended to consider product liability insurance to protect against potential product-related risks and associated legal expenses.