CRAFT BREWERIES AND DISTILLERIES RISK EXPERTISE

Particular hazards and challenges are involved in running a craft brewery or distillery. Our staff at Biscayne Risk and Insurance Group is well-versed in handling these intricacies, from ensuring product excellence to adhering to legal requirements. We specialize in offering complete insurance coverage customized to meet the unique requirements of distilleries and breweries.

FAQ

Do Craft Breweries and Distilleries Need Insurance?

Yes, craft breweries and distilleries need insurance protection. It acts as a barrier or safeguard against liability claims, property damage, and issues related to product safety and quality.

What Are Some Notable Risks Facing Craft Breweries and Distilleries?

• Liability Claims: Craft breweries and distilleries can face liability claims from customers, visitors, and employees. These claims can arise from incidents such as product contamination, accidents on the premises, or allegations of serving alcohol to minors. Liability lawsuits can result in significant financial losses and reputational damage.
• Property Damage: Breweries and distilleries are susceptible to property damage due to fires, equipment breakdown, theft, and natural disasters. Ensuring that your property and equipment are adequately insured is critical when recovering from unexpected events.
• Product Quality and Safety: Maintaining high standards for product quality and safety is essential in the alcohol industry. Risks include contamination, spoilage, and labeling errors, leading to recalls, legal action, and loss of consumer trust.
• Regulatory Compliance: Breweries and distilleries must comply with various local, state, and federal regulations. These rules usually concern the production, distribution, and sale of alcoholic beverages. Noncompliance can result in fines, legal penalties, and business shutdowns.

Which Insurance Coverages are Needed for Craft Breweries and Distilleries?

Insurance coverages for craft breweries and distilleries include general liability, product liability, property insurance, liquor liability, workers’ compensation, and equipment breakdown insurance.

How Much Does Insurance Cost for Craft Breweries and Distilleries?

Insurance premiums are based on various factors such as the size of the operation, location, production volume, claims history, and coverage limits. Our team at Biscayne Risk and Insurance Group can help you tailor your coverage to fit your needs.

What Happens If There Is a Product Recall or Quality Issue?

Product liability insurance covers claims arising from product recalls or quality issues. This coverage protects breweries and distilleries against financial losses resulting from lawsuits, recall costs, and legal expenses associated with these claims.

Are Employees and Volunteers Covered Under My Insurance Policy?

Coverage for employees, volunteers, and third parties may vary depending on your insurance policy’s specific terms and conditions. Reviewing your policy carefully and discussing coverage options with your insurance provider is essential to ensure adequate protection for all parties involved.

How Do I Purchase Insurance for My Craft Brewery or Distillery?

Biscayne Risk and Insurance Group specializes in assisting craft breweries and distilleries by selecting the best insurance for their specific needs.

Contact us at 561.571.1001, quotes@biscaynebreweryinsurance.com, or via the contact form on our website to discuss your insurance requirements and receive expert assistance in choosing the right coverage for your business. Also, you can visit our Knowledge Center to learn more about all of our insurance solutions. We look forward to working with you!