What Insurance Coverage Do I Need for My Brewery?

How you protect your brewery business is an important part of getting started. Here are some details about insuring your business and why it’s vital to have the right brewery insurance coverage.

Property and General Liability Coverage. Do you provide tours through your brewery or serve food items for purchase? If you have a craft brewery, your facilities are likely in an industrial-type building where there are chemicals, hot surfaces, and machinery that can contribute to accidents. To cover your business risks, consider these things:

  1. mark the walking paths and tasting/tour areas,
  2. guests should stay several feet away from equipment,
  3. safety glasses should be provided for tours,
  4. closed toe footwear is a smart request, and
  5. use properly-trained employees who conduct the tours.

Equipment Coverage. Equipment is usually one of the largest expenses in running a brewery. If equipment is stolen, most standard policies will cover it. Same with a breakdown, but being without your equipment could slow operations and revenue. Check with your independent insurance agent to be sure you have a well-designed brewery insurance policy that will keep business running.

Mobility. Transporting products, often in rental vehicles is a common practice among breweries, but it can also be an insurance gap. Ask about endorsements that can be added to your business policy to cover this gap.

Special Events. A special events coverage is recommended if you participate in trade shows, festival and such off-premises events.

Liquor Liability. Cover yourself for the risk of intoxicated patrons who can become a safety concern and a liability. Your trained staff should be able to easily identify someone in such a state. Also enforce an ID checking procedure and have an alternative way to see that patrons leave safely in case they cannot drive.

Product Liability. If you’re considering adding food service to your brewery be sure to consider such things as verifying the quality of raw ingredients, ensuring proper storage and temperature control, and smart food safety training for all brewing and kitchen staff.

Food Trucks. Food trucks are a popular trend, but can be a liability when serving patrons on your premises. Be sure the vendors provide certificates of insurance to prove they have a general liability policy including premises, operations, products, and completed operations and auto liability coverage. If they operate on your premises on a regular basis and your brewery provides utilities to them (power, water, waste disposal), you should request to be added to their general liability policy as additional insured. Your general liability insurance will only cover third party damages if those were your brewery’s fault such as a patron tripping and falling on your parking lot.

Insuring your brewery is not difficult if you have the right insurance agent who knows answers to your questions. Have a sit-down with your local independent insurance agent first and you can be confident of your coverage.

There’s no way around it. Americans love their cars and love to drive. In fact, more than 75 percent of adults have a driver’s license. This includes 40 million who are 65 and older, and senior drivers are reluctant to stop driving.

Decades of statistics show crash rates are highest for ages 16 to 19, not 65 and over.

So, is there a misconception out there about senior drivers being a danger driving a vehicle?

Current research proves the assumption that older people are not a danger behind the wheel. Even at 85, senior drivers crash less often, per mile, than teens.

Older adults simply don’t get enough credit for their safe driving habits. They are more likely to use seat belts and follow speed limits. They are less likely to drive at night or while intoxicated. And they are certainly less likely to text while they drive. Many seniors limit their driving at night, on highways, or during rush hour.

Public suspicion of older drivers is not fact based, but rather based on a nonclinical factor called ‘ageism’. In a publication by the American Geriatrics Society and published by the National Highway Traffic Safety Administration called, “The Clinician’s Guide to Assessing and Counseling Older Drivers”,the evidence-based book tells the story.

While some 32 states impose special registration burdens based on age, the effectiveness appears to be limited. Two policies that have reduced fatality rates considerably for senior drivers are: in-person renewals and additional vision tests. These policies identify drivers with functional deficits and refer them to further screening which might deny license renewal. For seniors who think they may not pass the screening, the option is to simply not renew and discontinue driving.

For seniors who choose to continue to drive, finding the best auto insurance rates is important. Ask your independent insurance agent about the best choice. There are many insurance companies which offer discounts to mature drivers, as well as those who use drive tracking apps, take defensive driving courses, and have up-to-date safety features on their vehicles. For people who have recently retired and no longer commute to and from work every day, there may also may also be a discount for driving less.

Even if an apartment complex doesn’t require renter’s insurance, it’s a low-cost way of protecting your possessions. Your landlord may have insurance to cover the building – but it won’t cover the cost of damages to your TV, computer, furniture, or other valuable possessions.

While possession damage is uncommon, it’s best to protect yourself.

What does renter’s insurance cover?

Depending on your policy, you can get renter’s insurance to cover your important possessions, like televisions, jewelry, cameras, and appliances. If there’s a fire, a break-in, or damage to the unit that causes damage to your possessions, you can get reimbursement to replace your possessions.

On top of property coverage, you’ll likely also get liability coverage. This helps protect you in case you damage someone else’s unit or property, such as if you leave water on and it leaks through the floors, or if a fire caused by your unit damages the apartment complex or someone else’s property. It can also cover repairs, medical bills, defense costs in a lawsuit, and more.

Covering Personal Property with a Rental Insurance Policy from Killebrew Insurance

With many different insurance providers and options, going with an independent insurance agency gives you different coverage policies that best benefit you, at a more competitive price. In the case of a power surge, water damage, fire, theft, vandalism, Acts of God, or other circumstances out of your control, you can rest easy knowing you picked the policy that works best for you.

You can negotiate your coverage for different categories, for instance, if you have $5000 of camera equipment, you can choose to only insure part of it, or none of it. Adding extra articles of coverage makes sure your valuables are covered exactly the way you want – without paying for less important possessions.

Does Renter’s Insurance Cover Loss of Use?

You can negotiate a policy that has loss of use coverage. For instance, if a natural disaster happens, leaving the home or apartment unlivable, you can get coverage to stay at a hotel or buy food during the time that the unit is repaired. Most insurance policies have Loss of Use included. Talk with us to learn more about what we can offer you!

How Much Liability Insurance Should I Get With My Renter’s Insurance Policy?

Generally, you’ll be required a minimum of $100,000 for liability insurance, if your landlord requires renter’s insurance.

Your liability coverage pays for bodily injury and property damage caused by negligence—like if your dog gets loose and bites the neighbor’s kid and he has to get stitches.

You’re not, however, covered for negligence for expected or intended bodily injury (you throw a baseball in a parking lot trying to hit your neighbor), business pursuits (the cupcakes you bake in your apartment make someone sick with food poisoning—you would need a business owner’s policy), or vehicle-related damage or injury (your emergency brake fails and your parked car hits someone—auto insurance covers this).

Additional Coverage

In addition to the basics, there are a few other types of coverage to know about. If a visitor suffers an injury in your home, your policy’s “medical payments to others” coverage will take care of the medical bills, regardless of who is at fault. “Credit card and bank forgery” coverage will protect against some monetary fraud attempts, such as if a burglar steals your credit card or check book during a break-in to run up fraudulent charges or write forged checks. And “property of others” coverage replaces not only your belongings, but others’—for example, if you borrow a friend’s laptop, and a leaking pipe destroys it.

Getting Renters Insurance Through Killebrew Insurance

The greatest advantage to choosing Killebrew Insurance for your Renter’s Insurance is that we’re an independent insurance agency – we can find the best insurer for your needs, and get you a policy that works for you and your roommates or family.

So if you’re looking to get renter’s insurance, or want to refer a new tenant to an option for them, why not give our Midland or Odessa offices a call so we can discuss the options?

Learn more about our Renter’s Insurance program or call Odessa: (432) 332-6322 or Midland: (432) 694-0508