The so-called product quality insurance refers to the insurance that products manufactured, sold or repaired by producers, sellers or repairers have quality problems, resulting in economic losses such as repair and repurchase.

As an insider, I can tell you that this kind of insurance is rarely done by insurance companies now. If any product is marked, it is likely to be fake, or it has only been insured before, and now the insurance has expired (the term of property insurance is generally one year). If an insurance company now underwrites this kind of product quality insurance, most of them sell a trademark to the manufacturer to tell consumers that this product has been insured with product quality insurance, which is an advertisement for consumers. In fact, there is an agreement between the insurance company and the manufacturer that the insurance company will not be liable for compensation after the product has quality problems. Even if it is undertaken, the insurance policy specifically stipulates that the deductible of the insurance company will be as high as 90% or more. Insurance companies basically do not undertake the business of product quality insurance.

Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.