Winery & Vineyard insurance
Winery & Vineyard insurance Details
As a winery or vineyard owner, you know there is much more to the process of producing terrific wine than simply growing grapes. Large or small, there is a unique risk for insuring a vineyard or winery and vintners require customized insurance solutions.
We understand wine. Our winery program is in partnership with some of the top insurance companies in the country. We’ve established great programs with regional partners as well; partners who understand your local needs and whose programs will help your winery in Oregon be protected throughout the year, both in the season and while your wine is aging.
Some Optional Winery Insurance Coverages Include:
Wine Leakage* – includes property held by the insured in trust or on consignment or on joint account belonging to others.
Unexpected Wine Oxidization* – finished or in process if caused by failure of corks, synthetic corks or screw tops and results in volatile acidity that exceeds the federal standard.
Unexpected Wine Contamination* – contact of wine products with residual cleaning solvents within the tanks/vessels/barrels/bottles.
Winery Stock Valuation *
- Finished Stock – selling price less value of discounts and expenses.
- Irreplaceable Wines – value on the date of loss at the average market value.
- Stock in Process – value on the date of loss for previous three years for the same varietal.
*please note the above coverage options are simplified descriptions of policy language. Please reference your company issued policy for complete details of coverages, conditions, exclusions and limitations.
Multiple Companies Represented
Licensed Professionals.
Other Winery Insurance Coverage Availability:
Property
- Buildings, business personal property and stock
- Business Income
- Extra expenses
- Equipment breakdown
- Crime
- Inland marine
- Contamination
- Wine leakage
- Wine caves
- Blanket limits
- No co-insurance clause
- Fine arts
- Computers and media
- Accounts receivable
- Valuable papers and records
- Commercial auto
Casualty/Liability
- General liability
- Liquor liability
- Employment practices liability
- Employee benefit liability
- Product withdrawal expense
- Wind drift or overspray
- Progression liability
- Internet liability and network protection
- Auto liability
- Umbrella liability
Frequently Asked Questions
What insurance does a winery need in Oregon?
Wineries may need several types of coverage, including commercial property, general liability, product liability, liquor liability, workers' compensation, equipment breakdown, business interruption, and commercial auto insurance. Coverage can be customized based on whether you grow grapes, produce wine, operate a tasting room, host events, or distribute your products.
Does winery insurance cover wine inventory?
Commercial property and specialized winery coverage may protect bottled wine, wine in storage, raw materials, and other inventory against certain covered losses. Because wine can increase significantly in value during production and aging, it is important to make sure your coverage limits accurately reflect your inventory.
Do Oregon wineries need liquor liability insurance?
Wineries that serve or sell alcohol should consider liquor liability insurance. This coverage can help protect the business against certain claims arising from the sale or service of alcoholic beverages. Your insurance agent can help determine the appropriate coverage based on your winery's operations.