{"id":1982,"date":"2015-11-18T19:36:43","date_gmt":"2015-11-18T19:36:43","guid":{"rendered":"https:\/\/gillespieinsuranceservices.com\/?p=1982"},"modified":"2015-11-18T19:36:43","modified_gmt":"2015-11-18T19:36:43","slug":"how-to-insure-a-winery-part-3","status":"publish","type":"post","link":"https:\/\/finfrockweb.com\/gis\/business-insurance\/how-to-insure-a-winery-part-3\/","title":{"rendered":"How To Insure A Winery – Part 3"},"content":{"rendered":"

Note: this is part 3\u00a0of a series. \u00a0Click here<\/a> to go to Part 1.\u00a0\u00a0Click here<\/a> to go to Part 2.<\/i><\/em><\/p>\n

We’ve now looked at the Liability and Property risks a winery faces and what the proper insurance for covering them looks like. \u00a0But there are a few more things to think about before calling it a day.<\/h4>\n

<\/p>\n

General Liability and Property insurance, with the special coverages mentioned in Part 1 & 2\u00a0of this series,\u00a0cover\u00a0the majority of a winery’s insurable physical risks, but there are a few more things that pose a threat to a winery’s well-being that\u00a0I would be remiss if I didn’t mention.<\/p>\n

What are these things?<\/p>\n

Crop Insurance.<\/strong>\u00a0 Your Commercial Property insurance will often cover your trellises and vines from physical damage. \u00a0It will even cover the grapes once they’re harvested and in storage or transit. \u00a0But one thing property insurance will NOT cover is grapes that are still on the vine. \u00a0Crop insurance will pay for loss to your grapes due to weather related risks, like fire, wildfire, earthquake, volcanic eruption, \u00a0and even a failure or irrigation water due to unavoidable conditions. \u00a0Crop insurance is a federally subsidized government program, which means the cost is minimal to you.<\/p>\n

Pollution. \u00a0\u00a0<\/strong>General Liability insurance excludes damage to people and property that arises out of pollution. \u00a0General Liability also does not cover damage to the environment. \u00a0This is critical\u00a0information for any winery that has a vineyard. \u00a0How many things can happen that cold be considered “pollution”? \u00a0How about overspraying pesticides? \u00a0Spilling wine into the ground? \u00a0Fuel or chemicals leaking from a tank, seeping into the ground and contaminating the ground water? \u00a0What would it cost to clean up the pollutants, let alone pay for the damages it causes to someone else? \u00a0Pollution coverage will help you with all these incidents and more. \u00a0It’s hard to overstate the importance of pollution coverage.<\/p>\n

Auto.<\/strong>\u00a0 We all know we need this. \u00a0But sometimes there is a question about which type of policy should cover them. \u00a0Do you need a personal auto policy or a commercial auto policy? \u00a0There is not one right answer. \u00a0This is going to depend on 1) the size of your vehicles, 2) the use of your vehicles, 3) the ownership of your vehicles, and 4) who drives your vehicles. \u00a0Typically rates are lower on a personal auto policy, but typically, a winery uses its vehicles in ways that go beyond what a personal auto policy intends to cover.<\/p>\n

If you have any employees, these two coverages should be\u00a0on your list as must-have coverages:<\/p>\n

Workers Comp<\/strong> – this is a legally required coverage if you have even only one part time seasonal employee. \u00a0 To know a little more about it, please go to Our Specialties Page<\/a>.<\/p>\n

Employment Practices Liability Insurance (EPLI)<\/strong> – This protects you from lawsuits from your own employees for things like wrongful termination, discrimination, and harassment. \u00a0I’m not going to go into much detail here, but I wrote a blog about it, which you can check out here<\/a>.<\/p>\n

Finally, \u00a0it is important to note that this is not an all-inclusive list because every winery is different. \u00a0It all starts with General Liability and Commercial Property insurance, but there are many fine technical aspects to each individual winery that require many more coverages that are not mentioned here, such as Hired and Non-Owned Auto Liability, Employee Dishonesty, Employee Benefits, Ordinance or Law, Equipment Breakdown, Earthquake<\/a>, Flood,<\/a> and oh, this list goes on. \u00a0This is where you want to have a discussion with a good agent that can help you out.<\/p>\n

Now go get covered properly, Mr. or Mrs. Winery Owner! \u00a0And good luck!<\/p>\n

This a 3\u00a0part series. \u00a0<\/i>Click here<\/a> to go to Part 1.\u00a0\u00a0Click here<\/a> to go to Part 2.<\/i><\/em><\/p>\n

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Note: this is part 3\u00a0of a series. \u00a0Click here […]<\/p>\n","protected":false},"author":3,"featured_media":3218,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12,3,6,7,4,11,13],"tags":[2,10],"class_list":["post-1982","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-auto-insurance","category-business-insurance","category-employment-practices-liability-insurance","category-liability-insurance","category-property-insurance","category-wineries","category-workers-compensation","tag-business-insurance","tag-wineries"],"_links":{"self":[{"href":"https:\/\/finfrockweb.com\/gis\/wp-json\/wp\/v2\/posts\/1982","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/finfrockweb.com\/gis\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/finfrockweb.com\/gis\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/finfrockweb.com\/gis\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/finfrockweb.com\/gis\/wp-json\/wp\/v2\/comments?post=1982"}],"version-history":[{"count":0,"href":"https:\/\/finfrockweb.com\/gis\/wp-json\/wp\/v2\/posts\/1982\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/finfrockweb.com\/gis\/wp-json\/wp\/v2\/media\/3218"}],"wp:attachment":[{"href":"https:\/\/finfrockweb.com\/gis\/wp-json\/wp\/v2\/media?parent=1982"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/finfrockweb.com\/gis\/wp-json\/wp\/v2\/categories?post=1982"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/finfrockweb.com\/gis\/wp-json\/wp\/v2\/tags?post=1982"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}