As this vibrant industry continues to expand, so does the need for specialized insurance solutions that address the unique risks craft brewers face.
Given their size and production levels, craft brewers’ insurance needs are vastly different from those of large multinational breweries. While larger breweries primarily operate as manufacturing facilities, many craft brewers also run restaurants or pubs under the same roof, further complicating their risk profile.
In addition to essential business policies like general liability and property coverage, there are several key policies that specifically protect craft breweries from common risks. Here are a few important coverages to consider:
For smaller breweries, the loss of a critical piece of equipment can halt production and have devastating financial consequences. Boiler and machinery coverage helps cover the costs of repairing or replacing damaged equipment. It also covers financial losses caused by production interruptions and downtime.
With limited storage capacity for ingredients, most craft breweries rely on consistent shipments from suppliers. Supply chain insurance can protect your business from losses if a supplier fails to deliver essential materials, covering lost production or increased costs.
If a batch of beer is contaminated during production or spoils before it’s distributed, spoilage coverage helps recover lost production costs and revenue. In the event that contaminated beer makes it to market, product recall coverage can offset the cost of recalling and replacing the affected product.
Whether you offer beer tastings, tours, or operate a full bar, liquor liability coverage is essential. It protects your brewery from liability claims stemming from property damage or personal injury caused by over-served patrons.
By selecting a combination of these policies based on your specific operations, you can build a robust insurance package that provides comprehensive protection. Many insurers offer specialized bundles for craft brewers that can be customized to fit your needs. If your brewery includes a restaurant or other food services, additional coverages may also be required to mitigate risks in those areas.
As the craft brewing industry evolves, so do the insurance options available to protect your business. New coverages and innovative combinations are constantly being introduced to address the ever-growing list of risks brewers face. That’s why it’s important to partner with experts who understand the nuances of your industry.
At Beyond Insurance, we specialize in providing comprehensive insurance solutions for craft brewers. Our team stays on top of industry trends and can help you find the most up-to-date coverage options to protect your brewery. Let us help you build an insurance package that safeguards your business, allowing you to focus on what you do best—creating exceptional craft beer.
Winter-proofing your brewery insurance coverage