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boebarnett
10-19-2006, 04:11 PM
Would anyone be willing to share what I might expect to pay for brewery insurance? I'm looking for coverage in the following areas:

Loss of Income
Boiler/Machinery
Product Recall
Food Borne Illness
Liquor Liability

All the insurance companies I've looked at require a business plan in order to issue a quote. However, to complete the plan, I need some idea of what to expect in insurance costs. Classic chicken and egg, I guess.

Anyway, I'm looking for general ballpark figures. We'll have an annual output of around 1000 bbl. Any help would be great! Thanks.

Boe Barnett
Cabin Fever Beer Company
Fairbanks, AK 990708
Butcher Scott
10-19-2006, 04:15 PM
$20-35k is the range of the quotes I've gotten. I'm planning on the high end.
nohandslance
10-19-2006, 04:16 PM
Call "The Hartford" Companies. They have a customized plan for breweries already in the books and had very competitive rates.
Service Center # in San Antonio, TX: (866)467-8730
Good Luck
Lance@Jergensen Brewing
boebarnett
10-19-2006, 04:46 PM
Scott,

I take it the 20K-35K range is per year?

Boe
Butcher Scott
10-19-2006, 04:51 PM
Scott,

I take it the 20K-35K range is per year?

Boe

That's correct.
tsewong73
10-19-2006, 04:54 PM
Give Shirley Dean a call at Whalen Insurance: 800-235-0355. I called when I was first developing my business plan and she was able to provide a ballpark figure based on square footage and estimated barrelage. On the high end, she said $5,000 to $7,000 for coverage of property, premises liability, liquor liability, equipment breakdown, and event liability (for a reasonable amount of events per year; for example 4 or 5 PR events). She also said an additional $3,000 per year for workman's comp coverage. Now, I'm starting a microbrewery - not a brewpub. The coverage, I assume, would be higher for a brewpub, but it's worth calling Shirley to find out. She's a nice lady.

Actually, I just looked and found a PDF of their buyer's guide that details their coverage much more than I can. Email me and I'll send you what I've got. I still encourage you to call Shirley. Really, she's a nice lady.

Tsewong

tsewong73@hotmail.com