There are over 1,000 micro and craft breweries across Canada. This number continues to grow, making it increasingly vital for businesses to receive insurance coverage made specifically for this unique industry. The needs of microbreweries vary substantially from their larger multinational counterparts. Because of this, it is critical to get the right craft brewing coverage for your business. Our team of experts at Fuse Insurance understands the hazards associated with brewing and selling beer. Our brokers can provide customized insurance packages that protect all aspects of your business.
We offer insurance to the microbrewery industry across Canada. In addition to protections found in typical Commercial Insurance policies for breweries such as Commercial General Liability and Commercial Property Insurance, the microbrewing industry has a unique set of policies that are designed to cover all areas of your business.
What other types of insurance should craft breweries consider?
Boiler and Machinery Coverage
This policy covers the costs to repair and/or replace key pieces of equipment including damaged boilers and pressure vessels. Boiler and Machinery Coverage will also cover losses arising from production disruption and outages.
Spoilage and Contamination
With some smaller breweries unable to maintain all of their products, reliance on other companies for storage and transportation needs can be essential. The quality of your beer is crucial. The right insurance company will protect your beer if it spoils on or off your premises. If one of your products is altered or lost, maliciously, or otherwise, Contamination Insurance can cover this cost.
This policy helps protect your business from damages to persons or property caused by a customer that consumed your products or was over-served by your establishment.
Supply Chain Insurance
Supply Chain Insurance can provide coverage if one or more of your suppliers causes an interruption to your supply chain and is unable to provide the materials you need for production.
If spoiled products were to reach your customers, your response to the situation could be costly. Product Recall Insurance can cover the expenses relating to the cost of having to recall your product in the event of contamination.
Owning a microbrewery can expose you to several risks. Having the correct insurance coverage can alleviate your stress and leave your company fully prepared if an incident occurs. Whether your business is located in Alberta, British Columbia, Ontario, or another province in Canada, our team of expert brokers at Fuse Insurance can work with you to get the individualized coverage that fits your business. We work with Canada’s top-rated insurers to get you the coverage you need at the best price. Contact us today to get started on your free quote by calling 1-866-387-FUSE (3873) or fill out our easy online brewery application.