MMA Blog

The 7 Types of Small Business Insurance Wineries and Craft Breweries Need

Every business owner needs business insurance to help manage risk. Businesses such as wineries and breweries can present unique situations that require well-crafted insurance solutions. Determining what kind of small business insurance for wineries and craft breweries will work best is simply a matter of customization. Let the guide below help you determine which policies you should be considering for your business.

Your insurance needs will depend on your type of business, your operations, the business property you own and your employee structure. Be sure to consult your commercial insurance specialist to help you assess your individual risks and ultimately determine the best policies and risk management strategies for your business.

 

General Liability Insurance

Every business owner needs general liability insurance. This policy provides protection against common customer or client incidents. The average customer injury or property damage claim is $30,000 and can lead to expensive legal bills, making this one of the most important policies for any business.

What’s your risk? Claims of bodily injury, property damage and advertising injury by customers, delivery people and other non-employees.
Example: A server breaks a glass and injures a customer, causing a severe cut to the customer’s arm and related medical expenses for treatment.
What insurance covers? Medical costs, lawyer’s fees, court costs, settlements, judgments

 

Liquor Liability Insurance

Liquor liability insurance protects businesses that manufacture, serve or sell alcohol and is an important coverage for craft breweries and wineries that serve the public on-premise and off-premise at tastings or events.

What’s your risk? Claims of bodily injury and property damage caused by an intoxicated person who was served liquor at your business or by an employee.
Example: A customer is over-served in your tasting room, drives intoxicated and injures himself and others in a crash.
What insurance covers? Legal fees, settlements and medical costs associated with bodily injury or property damage caused by an intoxicated person who was served or sold liquor by the policyholder.

 

Commercial Property Insurance

In case of theft or disaster, commercial property insurance is an important coverage for breweries and wineries to help replace or repair equipment or repair property that is needed for the business.

What’s your risk? Damage or loss of property due to fire, theft or natural disaster.
Example: Your building burns, and the structure and all the equipment inside is damaged.
What insurance covers? Repair and/or replacement of covered business assets.

 

Equipment Breakdown Insurance

As a craft brewery or winery, your equipment is vital to your production. Equipment breakdown insurance can help you cover the cost to repair or replace damaged equipment.

What’s your risk? An equipment breakdown causes you to shut down production and is extremely costly to repair.
Example: A pressurized tank exceeds its psi level due to employee error and breaks down. The repair requires parts and labor expenses including travel costs for the manufacturer to repair.
What insurance covers? The cost to repair or replace damaged equipment including time and labor, lost income, spoiled inventory, necessary expenses incurred during the repair/replacement period.

 

Commercial Auto Insurance

If your business owns or leases a vehicle, most states require you to carry commercial auto insurance. If you have a delivery truck or other company vehicle, commercial auto insurance is a must.

What’s your risk? Drivers, property owners or other third parties who incur injury or property damage involving a business vehicle.
Example: You are driving to a tasting and are involved in a crash causing damage to your truck and another vehicle.
What insurance covers? Auto accident liability, medical payments, physical damage and collision, accidents involving uninsured motorists

 

Workers' Compensation Insurance

If you have employees, most states require businesses to carry workers’ compensation insurance. As soon as you hire your first employee, you will need a workers’ compensation policy in place to pay for your employees’ medical expenses and lost wages related to workplace injuries.

What’s your risk? Current employees experiencing on-the-job injuries, illnesses or even death.
Example: Your employee burns herself on a thermal pipe, incurring medical expenses and lost wages.
What insurance covers? Medical bills, missed wages, death benefits

 

Employment Practices Liability Insurance

If you have employees, employment practices insurance can protect your small business when a worker sues over employment-related issues.

What’s your risk? Claims by current, former or potential employees for civil rights or fair work-environment violations, such as harassment, discrimination, wrongful termination or demotion, and breach of contract.
Example: An employee claims they were discriminated against by a manager and sues.
What insurance covers? Lawyer’s fees, court costs, settlements, judgments

Keep Up To Date

Subscribe to our blog for all the latest news, updates, and events from MMA and our partners

Subscribe

Tell us what you need. We’ll take it from there.

Get a Quote


    YesNo











        First, tell us about you:






        EmailPhone


        Next, tell us about your business:





        Now tell us about the coverage or coverages you need:


        Commercial InsuranceEmployee BenefitsHealth InsuranceSuretyOther



        NOTE: Before becoming effective, all changes, bind orders, or claim notifications must be confirmed by a Marsh McLennan Agency representative advising that your request has been processed.

        You are ready to submit the form:

          First, tell us about you:






          EmailPhone





          Next, tell us about the coverage or coverages you need:


          AutoHomeIndividual HealthUmbrellaRecreationalWatercraftRenter’s InsuranceLife InsuranceWedding Insurance



          NOTE: Before becoming effective, all changes, bind orders, or claim notifications must be confirmed by a Marsh McLennan Agency representative advising that your request has been processed.

          Now you are ready to submit the form:

            First, tell us about you:






            EmailPhone





            Next, tell us about the coverage or coverages you need:


            AutoHomeIndividual HealthUmbrellaRecreationalWatercraftRenter’s InsuranceLife InsuranceWedding Insurance



            NOTE: Before becoming effective, all changes, bind orders, or claim notifications must be confirmed by a Marsh McLennan Agency representative advising that your request has been processed.

            Now you are ready to submit the form:

              First, tell us about you:






              EmailPhone


              Next, tell us about your business:





              Now tell us about the coverage or coverages you need:


              Commercial InsuranceEmployee BenefitsHealth InsuranceSuretyOther



              NOTE: Before becoming effective, all changes, bind orders, or claim notifications must be confirmed by a Marsh McLennan Agency representative advising that your request has been processed.

              You are ready to submit the form:

                First, tell us about you:

                Contact Form

                -->




                    First, tell us about you:






                    EmailPhone





                    Step 1 of 2Next

                    Next, tell us about the coverage or coverages you need:


                    AutoHomeIndividual HealthUmbrellaRecreational

                     

                    WatercraftRenter’s InsuranceLife InsuranceWedding Insurance



                    NOTE: Before becoming effective, all changes, bind orders, or claim notifications must be confirmed by a Marsh McLennan Agency representative advising that your request has been processed.

                    Now you are ready to submit the form:

                      First, tell us about you:






                      EmailPhone


                      Step 1 of 3Next

                      Next, tell us about your business:





                      Step 2 of 3Next

                      Now tell us about the coverage or coverages you need:


                      Commercial InsuranceEmployee BenefitsHealth InsuranceSuretyOther



                      NOTE: Before becoming effective, all changes, bind orders, or claim notifications must be confirmed by a Marsh McLennan Agency representative advising that your request has been processed.

                      You are ready to submit the form:

                        First, tell us about you:






                        EmailPhone





                        Step 1 of 2Next



                        NOTE: Before becoming effective, all changes, bind orders, or claim notifications must be confirmed by a Marsh McLennan Agency representative advising that your request has been processed.

                        Now you are ready to submit the form:

                          Review Form

                            First, tell us about you:






                            EmailPhone







                            NOTE: Before becoming effective, all changes, bind orders, or claim notifications must be confirmed by a Marsh McLennan Agency representative advising that your request has been processed.

                            Now you are ready to submit the form:

                              First, tell us about you:






                              EmailPhone





                              Next, tell us about your claim:






                              NOTE: Before becoming effective, all changes, bind orders, or claim notifications must be confirmed by a Marsh McLennan Agency representative advising that your request has been processed.

                              Now you are ready to submit the form:

                                First, tell us about you and your business:







                                EmailPhone


                                Next, tell us about the surety bond you need:







                                NOTE: Before becoming effective, all changes, bind orders, or claim notifications must be confirmed by a Marsh McLennan Agency representative advising that your request has been processed.

                                Now you are ready to submit the form:

                                  Contact us for a quote:

                                    First, tell us about you:






                                    EmailPhone





                                    Next, tell us about the coverage or coverages you need:


                                    AutoHomeIndividual HealthUmbrellaRecreationalWatercraftRenter’s InsuranceLife InsuranceWedding Insurance



                                    NOTE: Before becoming effective, all changes, bind orders, or claim notifications must be confirmed by a Marsh McLennan Agency representative advising that your request has been processed.

                                    Now you are ready to submit the form:

                                      First, tell us about you:

                                      Contact Form

                                      -->

                                      cross linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram