Companies that make/manufacture custom off road parts have a liability disclaimer for a reason. Hell, even I have one that was worded by a Business/Commercial lawyer for these exact reasons. Having your potential buyer sign off on a disclaimer stating that they assume all risk associated with said part is all you need. First off you have a legal binding document from your lawyer, and secondly the buyer has acknowledge the liability by signing off on your disclaimer.
Most companies like All-Pro, TC, and Camburg all have these disclaimers putting the liability on the end user. The only reason you need insurance if your making these is to cover yourself in case you're injured while making them. I've been down this road with another company that I worked for in the past. We went to court over someone trying to sue due to a product failure. Long story short is there was no way to prove any fault on our part. There's no way tell how the part was used, abused, or maintained. Without being able to document those points you can't point a finger.
Correct, I am currently looking into an insurance policy for my shop as I may no longer be the only one working there. I will be coming up with a disclaimer for the product because unless I install it then I can't even be sure things were installed correctly including torque, thread lock was used, they cross threaded the top spacer, etc.. There are hundreds of factors.