Frequently asked questions
Insurance questions for a robotics or hardware startup.
These answers are general education. Issued policy wording, declarations, endorsements, and the facts of a future event control.
What insurance does a robotics startup usually review first?
The answer depends on the actual work, but a review often starts with commercial general liability, product liability, property and equipment, cyber liability, and management liability. A prototype, a customer pilot, or a signed contract can make different parts of that review more urgent.
Does a certificate prove that a contract requirement is met?
No. A certificate reports selected policy information and does not amend coverage. Compare the contract request with the relevant declarations and endorsements before relying on the certificate.
How should we describe prototype equipment?
List what the equipment is, who owns it, where it is located, how it moves, its replacement information, and whether it is on loan or at a customer site. That record supports the property and inland-marine discussion.
When should a company revisit its cyber liability information?
Revisit it when remote access, device management, customer data, cloud providers, security controls, service commitments, or incident-response procedures change. Keep current facts separate from planned future changes.
Does product liability insurance pay to repair our own product?
That is a policy-specific question. A product issue, third-party injury or property damage, warranty obligation, recall cost, and repair of the product itself can be treated differently. Read the issued form and endorsements.
What should a founder bring to an insurance discussion?
Bring the current policies, product or pilot description, equipment list, customer and manufacturing agreements, known insurance requirements, and upcoming operational or financing milestones.