Did you know that more than 700 new breweries opened across the United States of America in the year 2021? Starting a brewery is a great way to take your brew-making hobby and turn it into a lucrative, fun, and successful business venture. There are many things that you’ll need in order to give your brewery the best odds for success. Having the right brewing equipment and a location to operate at is a start.
One thing that often gets overlooked when it comes to starting a brewery is brewery insurance. There are many different types of insurance that you should consider getting to make sure that your brewery is covered. This doesn’t mean going with the cheapest brewery insurance, as you should always target the best brewery insurance within your budget. If the owner of breweries has suffered from product contamination, food poisoning, or a foodborne condition, they can contact a personal Workers Compensation Lawyer.
The good news is that you’re in the right place to learn more about how to get a brewery insurance quote as well as food truck insurance for your brewery. Keep reading to learn more!
Employee Coverage
Odds are that you have plans to grow your brewery, and in order to do that, you’re going to need to hire some help. One of the main types of insurance that every craft brewery needs is employee coverage. Making beer is a blast, but you should prioritize protecting the health and livelihood of your employees.
Getting employee coverage through workers’ compensation is the best way to make sure that your employees are taken care of if they happen to get hurt while on the job. Making beer is more dangerous than you’d think and it is possible that your employees could get burnt, cut, or slip and fall on wet floors in the line of duty.
Liquor Liability Insurance
Another one of the types of insurance that you should get for your brewery is liquor liability insurance. Your Brewery Insurance Specialists will be able to help you out with getting set up with this valuable type of insurance for your brewery. It is non-negotiable if you plan on producing and selling alcoholic beverages in the United States of America.
When you have this type of insurance you are protected from any liability claims that result from injuries due to intoxication. You might not be responsible for a customer’s ability to hold their alcohol but you could still get held liable from a financial standpoint.
Property Damage Insurance
Many craft breweries also offer a bar or restaurant where you can sit down and enjoy a meal to go along with your perfectly crafted Hefeweizen or Pale Ale. Unfortunately, accidents happen and you need to make sure that your brewery and your restaurant or bar are covered.
Having property damage insurance is just like having home insurance for your house. If something happens that causes damage to your property then you’ll get it covered by your insurance company. When you reach out to get a brewery insurance quote, make sure that you ask questions and that you have an understanding of what is covered.
Equipment Insurance
It is impossible to make a quality brew for your customers to enjoy if you don’t have brewing equipment that works. Getting equipment insurance is a must because it will allow you to repair or replace expensive and complicated brewing equipment that you need to keep operations going.
You should especially consider getting this type of insurance if you’re a startup brewery. Odds are that you don’t have the capital to replace a large brewing tank that is damaged or broken if you’re just starting your brewery. Having equipment insurance will ensure that you keep your doors open and your beers brewing.
Tank Collapse and Leakage Insurance
No matter if you’re in need of winery insurance or brewery insurance, it is always wise to get tank collapse and leakage insurance for your equipment and facilities. You’ll need a large container for making your beer or wine in order to run a successful brewery or winery.
Once you’re finished with brewing your beer you’ll want to store it in holding tanks. At times, these holding tanks experience issues or sustain damage. It is important that you have insurance that covers this damage or the damage caused by the contents of the tank leaking out.
The worst-case scenario is discovering that your tanks are leaking after weeks or months. These leaks could cause a massive amount of damage. It will take a significant amount of money to repair if you don’t have the right insurance coverage. Getting leakage insurance for your brewery is a must to prevent this catastrophe.
Product Contamination Insurance
One of the biggest issues that the owners of breweries experience is issues with contamination and spoilage when it comes to their beers. Unfortunately, you’ll experience batches of beer going bad at some point or another while running your brewery.
The best approach is to be prepared by getting product contamination and spoilage insurance coverage. You’ll be covered for the lost income that would have resulted from the spoiled or contaminated beer.
Food Truck Insurance
If you want to open your doors to bring in even more revenue then you should consider operating a food truck that sells your beer along with tasty food. If you plan on doing this then you’ll need to purchase food truck insurance. This entails getting insurance to cover the truck and the driver.
The last thing that you want is to spend money on getting and outfitting a food truck for your brewery only for it to get hit by a car and require extensive repairs. Make sure that you invest the money to get insurance for your brewery’s food truck.
Now You Know All About Brewery Insurance
Getting brewery insurance is one of the most important steps that you should take when opening and operating your brewery. It will protect you in the event that your brewing or storing equipment gets damaged. It is also a great way to cover losses that occur when you experience a contaminated or spoiled batch of beer.
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