As the owner of a coffee roasting business, you are passionate about what you’ve created and have invested your hard work and money to get your company off the ground. You’ve perfected your recipes and techniques in order to bring good quality coffee to towns and cities across Canada.
You manage an independent roasting operation that produces and sells packaged beans to consumers and retailers. Your specialized roasting operations, production equipment and process can leave you exposed to risks that can disrupt your business. Coffee roaster insurance is critical in order to protect your products, equipment and your bottom line. The brokers at Fuse Insurance understand the risks involved in coffee roasting and can provide customized insurance packages that protect all aspects of your business.
Who is Micro Coffee Roaster Insurance for?
- Canadian independent coffee roasters
- Wholesale coffee roasters
- Coffee roasters who run a tasting room or coffee shop
- Café or coffee shop owners who sell coffee beans of other roasters
What types of insurance should independent coffee roasting companies consider?
Commercial General Liability
As a coffee producer, you are more prone to fire claims than other business types due to the heat produced by your machinery and equipment. If a fire were to break out, this could affect neighbouring businesses. If you serve your coffee to customers, there is a chance of burning hot coffee injuring a customer or damaging their property. Commercial General Liability covers claims of third-party property damage, bodily harm or advertising injury that occur on or around your business premises. It also provides coverage for legal fees and lawsuits that can result from damage or injuries to your customers and their property.
Commercial Property provides coverage for your building and its contents (including stock, inventory and equipment) in the event of a covered loss including fire, theft or water damage.
If your business suffers a physical loss from fire, water damage or theft and you are forced to slow your operations or shut down altogether, Business Interruption insurance can help. This can provide coverage for the income lost when your normal business operations are interrupted. Ask your broker about Contingent Business Interruption, which can provide coverage if one or more of your suppliers suffers a loss that affects your ability to do business.
You use several types of equipment that are essential to running your business. Depending on the type and amount of equipment your coffee business has, your Commercial Property policy may not be enough to cover your business. In this case, Equipment Breakdown Insurance can cover losses that result from the breakdown of your equipment, computers or HVAC systems.
Product Liability Insurance:
Product Liability is usually added on to your Commercial General Liability policy and protects your business from claims of third-party property damage or bodily injury due to a product you sell, distribute or manufacture. These claims can occur due to any flaw in your product’s manufacturing or design such as incorrect labeling or contamination of your coffee beans.
If your coffee company uses any type of technology such as a POS system, a website or an inventory management system, you are exposed to cyber liability risks. The last thing you want is a cyber breach that exposes the stored data of your business or customers. Cyber insurance helps protect you in the event of a cyber attack.
If you use your own vehicle or a company car to transport supplies or products related to your business or to make deliveries to your customers, you should speak with one of our brokers about adding commercial auto insurance to your program.
Coffee Roaster Insurance helps your business recover from unforeseen events and losses that can be costly and affect your ability to run your business. Whether you run a micro roasting business or have a well-established local café, the experienced brokers at Fuse Insurance are here to provide customized insurance programs for those in the coffee making industry. Our online quote application is quick and easy and provides the information we need to get your insurance policy in your hands as soon as possible. To start your quote now, fill out our form online or call 1-866-387-FUSE (3873).