3 coverages to consider in beverage manufacturing

 December 10, 2020     UFG Insurance    Business  Read Time: 4 min

Are you considering starting a beverage manufacturing business? Or are you auditing your current insurance coverage? 

While insuring a manufacturing business is one thing, insuring a manufacturer of adult beverages—whether winery, brewery or distillery—is understandably another. There’s no better time than now to study up on the coverage options available to you as part of this rapidly growing industry. 

Here are three insurance coverages to consider in beverage manufacturing.

1. Liability insurance

Liability insurance can cover a multitude of scenarios, but beverage industries would need this coverage more often than most. While it can go without saying, anything that involves alcohol always comes with a risk. If you are serving your patrons alcohol while they are on your property, it's always good to be prepared for anything unpredictable that can happen, such as slip-and-fall accidents, alcohol poisoning, injuries happening while under the influence and others.

2. Property in transit

Handling any type of beverage or liquids is risky, even more so when your business and source of earnings is involved. To protect yourself against damaged property and potential loss of income, property in transit coverage is necessary for helping to ensure that your inventory will be reimbursed in the event that it ever falls into harm's way.

3. Product contamination

It's alive! At least it is when it comes to your beverages. The fermentation process can be unpredictable and the chance of a batch failing or becoming contaminated is always there. Even worse, customers could consume these products and you could be faced with a loss of income, or even a potential lawsuit. In the event these things happen, product contamination coverage is vital to have so that you can help protect both your business and your customers. These are natural incidents that can occur in any food or beverage industry, so thinking about them now and planning for the future is always smart.

These are just a few coverages to consider in beverage manufacturing. But you’ll definitely want to review more specialized protection as well, such as tank leakage, mechanical breakdown, product recall and more to make certain you are properly protected. 

Work with an independent agent to learn about the competitive coverage options available from UFG Insurance for breweries, wineries and distilleries. 

The information provided is for informational purposes only. Every attempt is made to ensure that the information is accurate; however, it is not intended to replace professional advice. For more information, see Disclaimers & Other Legal Documents.