Wineries need the same insurance any business would need to cover potential loss to things like buildings, product, and providing fire protection. Liability is also a concern and is a little different with wineries than a lot of other industries. Outdoor Insurance Services of The Woodlands, TX can help you sort out the best policy for your situation.

What to look for

There could be some liability issues from things like product spoilage or product contamination, which other industries might not have. There are also risks of things like equipment breaking down, bad weather, supply breakdowns and natural events that you don’t have control over.

One might think having wine tastings would be a risk because alcohol is being served. These events are usually well controlled, however, and are not traditionally associated with other events. That makes them less of a liability in most cases.

Working with the wine itself creates a more considerable liability concern. The valuation of the wine, leaking, and mechanical breakdowns could cause problems that could lead to liability. The risk of contamination could cause liability, and though the chances of that are remote, it is a liability issue that should be addressed.

Wineries are a complicated business because in some ways they are several businesses in one. There is the farming operation then there is the winemaking operation, and finally the selling operation. Each of those has its own issues when it comes to insurance. It is good to get insurance from an agency that is familiar with the industry and understands what your needs really are. A company like Outdoor Insurance Services in The Woodlands, TX is a company that understands your needs and can make sure you have the coverage you need. Stop by and visit them to discuss your insurance policy, or visit them online.

In the late eighteen hundreds, there were more than 3,000 breweries in the United States, almost all of which were shut down during prohibition. The history of craft brewing in America has its roots in the late 1970s in North America. Starting a home brewery was a hobby, and it still is. A home mini brewery started a trend to establish a new tradition of home-brewed beer styles, such as Ales, Ambers, Lagers, Stouts, Darks, and Wheats. Some of these styles have a 7000-year history. 

Today, the mini breweries or craft brewery have left the home garages and basements to enter the marketplace. Craft brewers have skyrocketed from eight in 1980 to over 6,000 in 2018, starting this new tradition of unique beer styles. As with any other product sold for public consumption, the Craft Brewery industry has had to cope with the business and potential health risks created by the mass production of beers. These are the same risks encountered by restaurants, bars, and grills in Houston and the Woodlands, TX area.

Common Craft Brewery risks include the brewery equipment tanks leaking or becoming damaged. Further, the equipment may fail to operate producing contaminated food-grade water, loss of the product, damages to the property of customers, or the customers themselves, possible risks due to drinking alcohol, all of which will cause substantial financial risks. Further risks include the loss of your key person, the Brewmaster as well as dealing with employee behavior, such as theft and injuries. 

A Risk Management System should be developed which is designed for identifying common physical hazards, respond to a crisis, hiring practices, and workplace safety. The typical special insurance needs, other than state and federal requirements, will include General Liability, Distillers Bonds, Liquor Liability, Equipment Breakdown, Business Interruption, Spoilage & Contamination, Product Recall, Tank Leakage, and Workers Compensation. 

The agents of Outdoor Insurance Services in The Woodlands, TX will design an insurance and Risk Management system specifically designed to meet your needs.  Please call!