03-31-2023, 03:56 PM
How to strategically approach Liability ?
submitted by /u/SnoopyDohnut
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I am currently working on a startup involving ebikes. One of the biggest concern my team has is liability, because ebikes have shown to cause a lot of accidents especially amongst younger riders. How do startups battle with high liability risk involving a physical injury a customer has sustained while using the product? Are there any other measures a startup can take to protect themselves besides having a product liability insurance? How much would an insurance like this cost for a startup making something like ebikes?
Thank you ahead of time!
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