Winery and Distillery Insurance Archives

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Everything You Need To Know About Craft Brewery Insurance

Now that COVID-19 cases are dropping and life is returning to normal, the craft beverage industry is exploding once again. Opening and maintaining a craft brewery can be advantageous, but it also requires hard work. One aspect that many new breweries often overlook is insurance. Just like any business, breweries need an insurance policy that fits their specific needs. Arthur Blake Insurance in Plano, Texas, provides new and existing brewery owners with a guide covering everything they need to know about craft brewery insurance. Why You Need Craft Brewery Insurance As we said above, every business, no matter the industry, needs insurance. While some businesses only need general commercial liability insurance, breweries need insurance that fits their unique needs. For example, craft breweries have much more expensive and special equipment when compared to other businesses. Like an insurance agency, for example. Who Needs Craft Brewery Insurance? Any business that brews and sells its craft beverages needs some form of craft brewery insurance. This includes: Craft Breweries Craft Distilleries Microbreweries Craft Ciders Essentially, if your business brews/distills a form of alcohol, you need craft beverage insurance. How Much Does Craft Brewery Insurance Cost? There are a lot of factors that play... Read more

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5 Facts About Winery Insurance Plano, TX

December 14, 2020 Winery and Distillery Insurance 0 0

Every business needs some form of commercial insurance. It is critical for protecting the business’s financial assets if they are liable for a customer’s injuries. On top of that, commercial insurance protects a business’s property in the event of a fire, break-in, floods, etc. However, it is essential to remember that standard commercial insurance is not enough for all businesses. Many businesses in North Texas need forms of commercial insurance built for their specific industry. One such example is winery insurance. Operating a winery is complex and demanding. Not only do they face many of the risks that every business faces, but wineries also have their own specific risks that they need to be covered. Luckily, Authur Blake Insurance in Plano, TX offers winery insurance to protect wineries from these unique risks! Check out these little-known facts about winery insurance! Little Known Facts About Winery Insurance Spoilage Coverage Like any other business in the food and beverage industry, spoilage is a significant risk for wineries. Whether in transit or storage, contamination is always a risk. Winery insurance will make sure that a winery is compensated if its product is spoiled or contaminated. It Covers Leakage Inventory literally going down... Read more

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What Kind of Insurance Does My Distillery Need?

October 26, 2020 Winery and Distillery Insurance 0 0

Craft beverages are one of the fastest-growing industries in the US. This trend is evident in North Texas, where a new distillery pops up seemingly every month. Most small business owners know that they need a form of small business insurance, but did you know there is a specific form of insurance for distilleries? Arthur Blake Insurance offers a custom insurance policy for distilleries. Our well-versed agents crafted this policy to ensure the complete protection of your business. What is Distillery Insurance? Distillery insurance exists to protect your distillery from some of the unique risks in the craft beverage industry. However, it is essential to remember that distilleries also need coverage for every other business’s risks. Liability Insurance Just like any other business, distilleries need liability insurance. However, in addition to general liability insurance, your distillery may also need liquor liability insurance. If your distillery serves alcohol at any time, you need liquor liability insurance. It would be best if you kept this in mind before hosting any tastings or events at your distillery. Commercial Auto Insurance Commercial auto insurance is necessary for any business that uses vehicles for business purposes. For distilleries, this generally applies if you make your own... Read more

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What Should Craft Beverage Insurance Include?

January 15, 2020 Commercial Insurance, Winery and Distillery Insurance 0 0

For consumers on the outside, breweries, wineries, and distilleries are just like any other manufacturing business. But for the people who run these businesses – and the companies who insure them – it’s a completely new ballgame. Craft beverage companies do have some overlap in their needs to other food manufacturing businesses, but ignoring – that is, not insuring – what makes them unique puts business owners, employees, and customers at risk. As with every industry that Arthur Blake Insurance serves, specialization is key. We design and develop custom policies for breweries, wineries, and distilleries tailored to the individual needs of each business so that every risk is assessed and there are never any surprises. To learn more and discuss your needs, contact us today. What should be in an insurance policy for breweries, wineries, and distilleries? Any craft beverage operation will need a combination of commercial insurance coverages to be fully secured. Let’s begin with the basics. All craft beverage insurance policies should include: Commercial property insurance (more on this below) Commercial auto insurance General liability insurance Workers’ compensation insurance Business interruption and extra expense coverage Product recall coverage What makes craft beverage businesses so complex from a... Read more