Product Liability insurance is a product guarantee or warranty that protects businesses from the fallout that occurs in the event that a product causes injury or other damage to third parties. Consumers can be injured by how a product is manufactured, designed, or marketed. This may cause a major product withdrawal leading to lost revenue and increased costs. Even if a product is used incorrectly your business could still be liable for any damage that results. With little to no case law in the cannabis industry and an increasing rate of personal injury and product liability cases around the nation this coverage is essential.