When companies are at risk from a product design defect

A product design defect can be very serious for a company if a person could get hurt due to the product defect. An engineering design defect can be a huge liablity and any product manufacturer or commerce company selling products with product liability should carry product liability insurance coverage. When searching for a policy you will want to have a clear understanding of what types of liabilities are covered (for example, some policies will cover economic damages, but not punitive or statutory damages) so this is very important that you know you will be covered if you have a claim.