Did you know the global e-cigarette market and vape market will experience a steady growth over the next decade? It is on track to reach $61.4 billion in sales by 2025. There may be times when a product malfunctions, due to a manufacturing error and causes a harsh injury.
If you sell a dysfunctional END to a customer and they sustain an injury, you could be looking at a lawsuit. eBay, an online retailer, recently went through a lawsuit over a defective battery sold to a customer. If a third-party does pursue a lawsuit, you can be prepared by carrying e-cig insurance.
Vaping Gone Wrong
J Michael Hoce purchased an e-cig battery from eBay and inserted a battery into his e-cigarette device. Doing so, the top of the device exploded in his face and Hoce lost three teeth due to the incident. Hoce filed a lawsuit against eBay for $2 million dollars to pay for his medical bills and suffering. The online retailer was held liable for selling a defective product and the client was awarded the full amount at the end of the trial.
EBay’s lawsuit illustrates the importance of e-cig insurance and how lawsuits can happen to any business–big or small. In some cases, e-cig users can experience serious second-degree and third-degree burns from battery explosion. Regardless of the injury, you may be held liable to pay for their medical bills.
Safety Tips For Your Customers
Here are a few ways that your customers can prevent vape-related injuries, like a battery from exploding:
- Communicate with your customers that they shouldn’t charge their vape device overnight and to not leave the device unattended.
- Keep the vape device from extremely hot or cold temperatures.
- Replace the batteries if they get damaged or wet.
- Keep loose batteries in the case.
E-Cig Insurance Outweighs The Cost Of A Lawsuit
Injuries can happen to anyone and the best thing you can do for your vape business is protect it with e-cig insurance. We have been insuring vape businesses for over a decade and our team has over 30 years experience in the industry. Even if you are not found liable, you are still responsible for paying your legal bills.
With more than 120 lawsuits filed due to e-cigarette injuries, it’s better to prepare for the possibility of a lawsuit with customizing e-cig insurance that fits your business needs. Let insurance offset the legal costs and have the peace of mind knowing you are insured. The last thing you want to do is to start back at square one. You’ve worked hard to build your business and customer-base. A legal battle could easily end it and your finances could be a wreck.
All policies have conditions, limitations, and exclusions; please read the policy for exact verbiage. Claim scenario circumstances vary in nature and similar claims do not guarantee coverage.