Discontinued Product Liability

This program is an excellent fit for:

• Manufacturers and distributors that have sold or retired product lines
• Companies undergoing mergers or acquisitions where legacy liability remains
• Businesses exiting a market or industry but needing continued liability protection
• Private equity firms or parent companies that have divested product-based subsidiaries

For example, you might have a client who used to manufacture household appliances but sold the business five years ago. Even though they no longer produce the product, claims related to past units can still arise. This program helps address those exposures.

• Coverage tailored specifically for discontinued products
• Protection from liabilities stemming from past operations
• Customizable policy terms and limits
• Available for a wide range of industries and product types
• Support for complex risk scenarios, including prior sales and legacy exposures

Minimum premiums vary depending on factors such as product type, historical claims, and number of years since discontinuation. Veracity works with multiple carriers to find the right fit for each account, including non-admitted options when required.

Underwriting considerations may include product lifecycle, historical loss data, distribution geography, and risk transfer needs. Submissions should include product descriptions, sales history, and any prior coverage details.

This program is available in all 50 states and Washington, D.C., including but not limited to CA, TX, FL, NY, IL, and WA. Veracity's broad state availability ensures that agents can place accounts nationwide with confidence.

Veracity Insurance Solutions is a Managing General Agency and Excess & Surplus Lines Broker with deep expertise in niche liability products. Their Discontinued Product Liability program reflects their commitment to solving complex, underserved risk needs. With access to multiple carriers and flexible underwriting, Veracity helps agents provide tailored solutions for clients with legacy product exposures.

You can rely on responsive service, market access, and experienced underwriters who understand the nuances of discontinued products. Let Veracity help you protect your clients’ past business achievements with forward-looking risk solutions.