If you are opening a winery or establishing a vineyard, winery insurance is probably not the first thing you consider. However, it would be best if you understood that your new business is associated with diverse risks, including wildfires, theft, vandalism, and even injuries. Therefore, to protect it and yourself as a business owner, it is wise to consider getting winery insurance. Keep on reading this post with answers to the most common questions about this insurance type: 

Who Is Winery Insurance Right For?

You should consider purchasing winery insurance if you are a vineyard owner, a regular or virtual winery owner, or a winery owner who organizes and hosts regular wine tastings. 

What Coverages Are Included In Standard Winery Insurance?

Typical winery insurance includes the following coverage types: property coverage (protecting buildings and contents from fire, vandalism, theft, and others), equipment coverage (protecting costly wine-making equipment), inventory coverage (protecting wine inventory from fire, vandalism, theft, and other unfortunate events), and liability coverage (protecting you as a winery owner from lawsuits). 

What Are The Benefits of Having Winery Insurance? 

As a winery or vineyard owner, you may wonder what the real benefits of having this insurance are. First of all, it protects your property from damage, provides you with peace of mind, and protects you from liability claims. The benefits of this insurance depend on your circumstances. However, in general, it is definitely beneficial to have winery insurance. 

If you operate your winery business in Houston, TX, or any other area in Texas, and you are thinking of getting winery insurance, Outdoor Insurance Services is the company that is here to assist you. At Outdoor Insurance Services, we work with clients in Houston, TX, and nearby towns. If you have any questions and want to know more about insurance options, do not hesitate to contact us. 

Craft brewers rely upon the ingredients and equipment they use to manufacture each beverage type that they sell. If you own a craft brewery, review the insurance criteria below. Then, contact an Outdoor Insurance Services agent to learn more about the insurance products that will protect your Houston, TX, business.

Product Recalls

Product recalls can disrupt normal business operations. Besides being unable to sell products as usual, a business owner often incurs product waste.

A craft brewery insurance policy will cover the cost of the ingredients that cannot be used to produce beverages. A craft brewery insurance policy will cover the cost of contaminated ingredients and expired ingredients.

Equipment Protection

A craft brewery insurance policy can cover damaged equipment that cannot be used to mass-produce beverages in a brewery. Repairing or replacing the equipment will be reimbursed after an insurance claim is filed.

Liability Coverage

Many craft brewers offer tours of their facilities. An insurance policy that provides liability coverage will protect against injuries or illnesses that occur during a tour. This type of insurance will cover legal costs that a craft brewer incurs due to a lawsuit.

Workers’ Compensation

Workers’ compensation coverage protects employees who work at a craft brewery. If a worker becomes injured or sick, they can file a workers’ compensation claim.

Once the claim is approved, the worker will receive compensation for the wages they lost while unable to perform their job duties. The medical costs that a worker is responsible for will also be covered.

Reach out to Outdoor Insurance Services

Make an appointment to meet with an Outdoor Insurance Services agent who serves Houston, TX. An agent will prepare your craft brewery insurance policy.

Wine continues to be one of the most popular adult beverages in the world. Today, wine grapes continue to be grown in parts nationwide, including in the Houston, TX area. If you are going to open a winery here, it is essential that you carry proper insurance for the business. A wineries insurance plan will offer various types of coverage for business owners in this area. 

Liability Coverage

Whenever you are going to produce and serve alcohol, there is a certain amount of liability risk that you are taking on. Getting proper insurance should be a top priority when you are looking to mitigate this liability risk as well as possible. A winery insurance policy will give you coverage for accidents on the property and product liability coverage, which can offer support if someone is hurt or becomes ill by consuming a product you serve.

Coverage for Assets

It is also wise to get a winery insurance plan for proper asset coverage. Anyone purchasing a winery will also need to acquire buildings, wine production equipment, vehicles, and other vital assets. Without insurance, you could lose these items entirely if a fire or another peril occurs. Ultimately, your insurance plan will give you financial support if you incur a serious loss.  

If you are looking to open a winery in the Houston, TX area, you will want to ensure that you are properly insured. If you are looking for winery insurance, it would be helpful to call our team at Outdoor Insurance Services. Our insurance professionals understand the importance of proper business coverage, and we can help build a plan to protect your winery adequately. 

Today, more people are starting their own businesses, particularly craft breweries. Every business needs insurance to cover potential losses and protect its property and income. This includes breweries. Although commercial insurance is a wise thing to have, breweries have more risks involved. This means that they need something with more coverage than what regular business insurance would give. This is where craft brewery insurance comes in.

What is craft brewery insurance?

Craft brewery insurance has a lot of similarities to commercial insurance, but it also covers a lot more, such as brewery equipment, tank leaks, and much more. Here are some of the things brewery insurance can cover:

Business property coverage

Suppose something happens to your property, like a fire, natural disaster, or other types of damage. In that case, business property coverage will help pay for the damage to your property so that you can stay in business.

Tank coverage

Your product has to be stored somewhere. Most breweries store their product in tanks. If one of your tanks is damaged or leaking, your insurance can be used to replace the tank so that you lose the least amount of product possible.

General liability coverage

Suppose a customer or employee gets hurt or their belongings get damaged due to the fault of the business. In that case, general liability insurance can cover the costs of medical bills, lawsuits, or the replacement of their belongings.

Equipment breakdown coverage

The brewery equipment is not included in a typical business insurance policy. This is one of the reasons why brewery insurance is helpful to have. Brewery insurance helps cover the costs of equipment if the equipment breaks down.

Liquor liability coverage

Liquor liability coverage is a bit different from general liability. Any business that sells alcohol is required to carry liquor liability insurance. This covers property damage and bodily injury due to over-intoxicated customers.

Contact Us

If you are looking into opening a craft brewery and need brewery insurance, we would be happy to help you here at Outdoor Insurance Services in Houston, TX.

If you own a craft brewery, it’s important to have it insured, and to get the best insurance coverage for your investment; you need to understand what it involves. Brewery insurance is complicated, but with the right insurer, you are guaranteed a good policy. Outdoor Insurance Services in Houston, TX, offers Craft Breweries Insurance for business owners.

What Does Craft Breweries Insurance Cover?

A standard brewery insurance policy has four components. It offers coverages for general liability, liquor liability, miscellaneous coverage, and property coverage.

General liability coverage is just like basic liability insurance as it protects you from any legal accountability for things that happen on the property or any business-related interactions.

Property coverage is the most common to most brewery owners. This coverage protects the building, the tasting bar up front, and the equipment used for brewing. In case your equipment breaks down, this coverage also includes Boiler and Machinery coverage.

Liquor liability is essential coverage for all craft breweries. As the majority of the breweries serve their liquor on-site, this coverage protects you from and responsibility for accidents caused by intoxicated clients. In case you are sued for negligence, this coverage pays for legal expenses.

Miscellaneous coverage is an all-inclusive coverage for delivery cars, business auto, Crime, and Fidelity insurance, Excess liability insurance, Cyber Liability Insurance, and Employment Practices Liability Insurance. It comes in handy when you run out of general liability coverage.

Every brewery owner and operator needs to have a craft brewery insurance policy for industry-specific coverage. This form of insurance protects your brewery against unexpected losses and incidents that cause financial losses. Brewery Insurance also offers protection for;

• Business property coverage
• Workers’ compensation coverage
• Equipment breakdown
• Product contamination
• Tank collapse and leakage coverage

Depending on the nature and operation of your brewery, you may get additional coverages to complement your Craft Brewery insurance. If you are a brewery owner in Houston, TX looking for an insurance agent to insure your business, Outdoor Insurance Services can help with that.