What Insurance Coverages do NJ Wineries Need?

Running a winery takes considerable time and care. People who own and run NJ Wineries understand the complex process of getting the products from the vineyards to the shelf. There is ample room for mistakes along the way, which is why proper protection for your business is so crucial. Be sure to secure winery insurance so your valuable assets, and your creations, have the coverage they need. Since operating a winery is not always easy, take the time now to go over what assets need to be protected and how to protect them so you can focus on running your business. Remember, the immense amount of work that goes into crafting wine is not something to take lightly, and the process and products are not something that just any insurer would know how to protect. It is critical that you work with professionals who genuinely understand NJ Wineries and their unique risk exposures so you don’t jeopardize your business’s well-being.

A Look at the Coverages

You most likely use innovative processes combined with craftsmanship to produce wine. Your expertise regarding NJ Wineries and the efforts that you put into your business are incredibly valuable. So how are you scaling this value? An insurance professional can help you establish your risk management and protection plan accordingly. You must manage your risks with coverage solutions that are tailored to wineries. Your coverage needs will be dependent upon your specific operations. However, it is worth your while to consider solutions for the following issues:

  • Builder’s Risk
  • Commercial Auto
  • Commercial Package (CMP)
  • Environmental
  • Equipment Breakdown
  • Marine
  • Property
  • Umbrella & Excess Casualty
  • Workers Compensation
  • Accident & Health
  • Crime/Financial Fidelity
  • Cyber
  • Directors & Officers Liability
  • Employment Practices Liability
  • Errors & Omissions Liability
  • Fiduciary Liability
  • Kidnap Ransom & Extortion
  • Media Liability
  • International import-export issues

Instances That Would Need Coverage

Those who have turned this craft into a business are hopefully aware of the wide variety of things that could go wrong at NJ Wineries. Consider these instances in which you would greatly benefit from having winery insurance:

  • A truckload of estate-grown grapes overturns while in transit
  • Two varietals of wine are accidentally blended together
  • A guest slips and falls while on the winery cellar floor
  • Vineyard pesticides drifted over onto neighboring property
  • During the transfer process there is a significant spill

These are just a few examples as the list could truly go on and on. You will never know what kind of disaster will strike. It is better to be safe than sorry and take proactive measures now to protect your winery. NJ winery insurance is available so you can have peace of mind knowing that your winery has the coverage it needs.

About David G. Sayles Insurance Services

At David G. Sayles Insurance Services, we help our clients decide which of these options is best for them based on their current situation and risk factors.  Contact us at 1-855-977-1842 or insureme@dsayles.com for a consultation!