The craft beer and microbrewery industry has really taken off in recent years. While you may be able to watch online videos and read instructions on making beer at home, you need more than a little knowledge about brewing to start your own business. There are strict rules about how ingredients are handled and other things to know before you get started. One important step that you can’t overlook as you develop your business plan is the need for craft & microbrewers insurance.
Rather than one specific type of insurance, craft & microbrewers insurance includes a variety of types of insurance designed to protect you, your employees, your property and your business in different ways. Here are some of the types of insurance you will need for your growing business:
- Property Insurance: This includes any of your property that is used during the manufacturing process. The building you use, the equipment, the ingredients, the bottles, as well as any office furniture and appliances. You can also get insurance that protects you in case your production is interrupted by a breakdown for various reasons.
- Liability: This is one of the first and most important policies you need. It protects you in case someone is injured in your brewery or by your product.
- Transportation Protection: You can get an insurance policy that will protect you in case your product is damaged while being transported. Auto insurance can also be purchased that will cover vehicles you don’t own if they are damaged while traveling for work.
- Worker’s Compensation: Protect yourself when employees hurt themselves on the job.
Starting a new business can be an exciting time, but it is also a time for careful thought and planning. Craft & microbrewers insurance protects you from the unexpected.