Insurance for Craft Breweries in Florida

Each craft brewery is different and so are the insurance requirements. Our team will customize a policy to fit your operations.

Property and Casualty Insurance 

Property and casualty insurance for Florida craft breweries is designed to meet the specific needs of this industry. This coverage protects the business from damages to its physical property, such as buildings and equipment. It also covers damages caused by accidents, fire, vandalism, or other natural disasters.

Property and casualty coverage typically includes:

Building Insurance: Including your brewery, taproom(s), production facility, offices and more.

Personal Business Property: Coverage for any leased equipment or furniture used in your operations.

Valuable craft beer ingredients: Including hops, malt, yeast, and other valuable supplies.

Other coverage can include protection for outdoor signs, lost inventory and business interruption insurance. Without the right coverage in place, you could be left with a costly financial burden if unfortunate events happen.

Liability Insurance 

Risks lurk around every corner of the craft beer industry. Liability insurance can provide protection against claims related to bodily injury, personal and advertising injury, property damage, and other occurrences. The coverage can include protection for on-site injuries and off-premise liability such as product recalls or wrongful advertising. Other common liability coverages for craft breweries include premises and operations, product, liquor, and pollution liabilities.

Product Liability Insurance 

Product liability insurance is essential for craft beer makers. It can provide protection against claims related to defective products, including raw ingredients and the finished product. Product liability insurance can also include protection for claims related to labeling and packaging, which is extremely important in the craft beer industry. If a customer suffers an injury or illness due to a defect in your product, you’ll be covered with the right policy in place.

Equipment Breakdown Insurance

Equipment breakdown insurance provides coverage for craft breweries in the event of mechanical and electrical failures. This coverage can help protect your business against lost income due to equipment failure and provide financial protection for repairs or replacement costs. Depending on the policy it may also include coverage for utility interruption and data restoration if necessary. 

Workers’ Compensation Insurance 

The state of Florida any company with three or more employees to carry workers’ comp insurance, whether full-time, part-time, or seasonal. Those that don’t adhere to this requirement may face penalties and fines. Workers’ compensation insurance provides coverage for medical expenses, lost wages, disability payments, and other costs related to workplace injuries or illnesses.

Auto & Fleet Insurance 

Auto and fleet insurance is a must for any craft brewery with vehicles on the road. Auto insurance provides protection against damages or injuries caused by an accident as well as coverage for any leased or owned vehicles. It also covers medical expenses, legal fees, and lost wages in case of an accident. This coverage is essential for craft breweries, especially those relying on delivery vehicles or employees using their own cars to make deliveries.

Commercial Umbrella Insurance 

Commercial umbrella insurance provides extra liability protection above and beyond your existing coverage. This type of policy can provide additional coverage for judgments or legal fees if your primary liability coverage is exhausted. It can also provide additional protection for areas not covered by your existing policies, such as libel, slander, and false arrest. An umbrella policy in place provides extra peace of mind that your business is completely protected from potential liabilities.

Liquor Liability Insurance 

Liquor liability insurance is required for any craft brewery that sells beer on the premises. The coverage provides protection for claims related to injuries or property damage caused by an intoxicated person, as well as any legal fees and judgments related to the claim. It’s important to note that not all craft breweries require liquor liability insurance, but if your brewery does serve beer on the premises, it’s important to have the right coverage in place.

Business Interruption Coverage 

Do you have a plan in place if a disaster were to disrupt your business operations? Business interruption coverage can provide protection if your craft brewery is forced to close due to a disaster such as a fire or natural disaster. This type of coverage can help cover lost income and extra expenses, such as temporary relocation costs, while your brewery is closed.

Pollution & Contamination Liability Insurance 

The Superfund Act sets out guidelines for how businesses must handle hazardous waste and other materials. Pollution and contamination liability insurance can provide protection if you’re found to be in violation of these guidelines. This policy can also cover any legal fees and cleanup costs related to a pollution or contamination claim. 

Employment Practices Liability Insurance 

Employment practices liability insurance (EPLI) provides coverage for claims related to wrongful termination, discrimination, sexual harassment, and other employment-related issues. EPLI provides protection against claims brought by employees, former employees, and applicants. This type of coverage is especially important for craft breweries with many employees, as it can protect against costly litigation.

Cyber Liability Insurance 

Cyber liability insurance covers claims related to data breaches and other cyber attacks. If a hacker were to gain access to your brewery’s computer systems, this type of insurance could help pay for any data recovery costs, legal fees, and other related expenses. Cyber liability insurance is essential for craft breweries collecting customer data or using electronic payment systems.

1. Make sure you get the right type and amount of coverage. To determine the correct coverage for your brewery, consider the size of your operation and any special risks you may face.
2. Review your policy regularly to ensure it covers all possible risks related to running a craft brewery.
3. Check to see if you qualify for discounts on your policy premiums. Some insurers offer discounts for breweries that have certain safety features in place, such as a sprinkler system or smoke detectors.
4. Work with an insurance broker to find the best policy for your brewery. An experienced broker can help you compare policies and ensure you get the most out of your coverage.
5. Be aware of any changes in the law or regulations that could affect your craft brewery’s insurance requirements.
6. Make sure you’re familiar with the claims process should you need to make a claim.
7. Consider adding an umbrella policy for added protection from large-scale losses.