Wines and spirits insurance covers the whole drinks production cycle, from obtaining the raw materials through distilling, brewing or fermenting, to managing the distribution of the final product, either in the UK or overseas.
Specialist business insurance is available to those operating in the wines and spirits industry, including:
- Wine producers’ insurance - the business of producing wine is long, complex and with the potential for problems along the way. From harvesting, crushing, pressing, through the fermentation process and on to aging, blending and the final bottling process, there are various opportunities for things to go wrong. Business insurance for wine producers will go a long way to making sure your business is safeguarded against the various risks that can impact operations and financial stability.
- Spirits distillers’ insurance - operating a drinks distillery, such as gin, rum, whisky or vodka, is a highly specialised business that takes significant investment in equipment, premises and staff. These all offer the opportunity for issues to arise, not least with the source of heat necessary in the production of these various spirits. We can help you to find suitable insurance for your spirits distillery business, in partnership with a UK-based insurance broker that have specialised in insuring this industry for many years.
- Beer brewers’ insurance - with the boom in local ‘microbrewery’ craft beers, the availability of suitable beer production insurance has become an essential aspect to consider for those operating a brewery, of any shape or size. Brewers making beers, ales and lagers on a smaller basis, while not having the economies of scale of their larger competitors, still require insurance cover that is appropriate for the size of their business operation. We can help you to get quotes for suitable insurance cover at very competitive prices without any obligation to proceed.
- Wines and spirits wholesalers, distributors, importers and exporters insurance – the post-production aspects of the wines and spirits industry include a range of risks that many other industries do not have to consider or insure against. Storing and moving the products, whether locally, nationally or perhaps importing or exporting from/to overseas, these are all areas that require you to have cover in place in case things go wrong, as they sometimes can. Wines and spirits are typically of higher value, they are very attractive to thieves, as well as being fragile. Insurance cover is available to you through QuoteRack, from our partner insurance broker who will be happy to talk over your options for wines and spirits insurance, at whatever stage of the production process your business operates.
What Types of Insurance does Wines and Spirits Insurance Include?
If you are managing a business in the wines and spirits industry, the range of insurance cover you might need include:
Import and/or Export Insurance
For those in the wine and spirits industry who need to import materials or export their produce, cover for either or both can be included within the combined insurance package that you discuss with your insurance broker.
Wine Storage Insurance
If you use a wine storage facility as part of your wine-making process, you can arrange cover for the wine against the various problems that might befall it, such as theft, flood and spoilage.
Do You Cover Other Drinks Manufacturers?
Insurance is available for a range of drinks manufacturers and associated businesses, including:
- Soft drinks manufacturers
- Soft drinks wholesalers and retailers
- Drink bottlers, canners and labellers
- Bonded warehouses
How Much Does Wines and Spirits Insurance Cost?
Every business is different, the type of product you are manufacturing or distributing, the size and scale of your business etc. These and many other factors will all affect the overall cost of cover - but help is at hand.
Our specialist insurance brokers will talk you through the various options available to you, the costs involved with each and the overall premium you will pay, either monthly or annually.
How Do I Get a Quote For Wines and Spirits Insurance?
This is very straightforward - just click the 'Get a Quote' button and complete the simple online form. Your details will be sent directly to an insurance broker that specialises in the type of insurance you are considering. There is no cost, commitment or obligation to proceed.
Wines and Spirits Insurance FAQs
If you are researching Wines and Spirits Insurance and still have some questions - we're here to help.
We've compiled a list of the most frequently asked questions along with the answers you're looking for.
If you have employees and one of them is injured as a result of an accident at work, employers’ liability insurance offers you protection against a claim arising from negligence on your part.
If production is halted due to unforeseen circumstances, this type of insurance policy can help cover lost income and ongoing expenses.
To be fully compliant with all UK regulations, employers’ liability insurance is a legal requirement, if you have employees. If you operate pressurised brewing or distilling equipment that requires an annual inspection, you might require an engineering inspection insurance policy.
Peace of mind comes at a price when you run your own business. If an accident happens to someone while they’re visiting your premises and you are at fault, public liability insurance is there to protect you from financial claims that might arise as a result.
Our specialist broker will talk you through the options available to you and, depending upon the nature of your business, how and where your raw materials (and stock) are stored, cover can be extended to include both pre- and post-production materials.
Notify your insurance broker immediately and provide them with all relevant information. They will guide you through the claims process.
Assessing your specific risks, business operations and legal requirements can be tricky. Discussing your insurance requirements with an experienced and expert insurance broker, without cost or obligation, will make the process a lot easier and help you to arrive at the right amount of cover at an affordable price.
Each business’s insurance requirements will be different and, depending upon a range of factors – turnover, location, previous claims experience and other risks included – you will need to consider what cover you are required to have, as well as additional cover that is specific to your business. Your insurance broker will talk you through the process and hopefully arrive at an acceptable quote for your business insurance policy.
Our specialist broker will be able to discuss with you how and to where your products are being transported and how best to insure them. Depending upon their ultimate destination, a Goods in Transit Insurance policy might be appropriate or, if you are exporting your wine, spirits or beers, a Marine Cargo Insurance policy or Air Freight Insurance policy will be more suitable.
QuoteRack can put you in contact with our specialist insurance broker, quickly and easily. Simply hit the ‘Get a Quote’ button to be taken to our online form, where you can provide your contact details. The broker will call you back and take further details from you. There is no cost, obligation to proceed until you are happy with their insurance quote for your wines and spirits insurance.