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When you own or operate a winery or vineyard, you face several unique risks that other businesses do not—and some that are very common. For instance, you are at the mercy of the weather in a way that retail shops don’t fear, but, like a store, you also risk liability issues when customers visit your premises. Below are some types of insurance coverage to help protect your livelihood.

What Coverage Do You Need for a Vineyard?

1. Property Insurance

This policy protects the structure of your business premises—whether it's a barn or gift shop—from damage due to a fire, a storm, vandalism, or falling objects. It also covers your inventory, furniture, appliances, wine press, and other equipment, as well as your inventory and unsold stock.

insurance2. Crop Insurance 

Crop insurance covers losses to your grape crop due to too much—or not enough—rain or sun. It guards against hailstorms. Moreover, it also protects you against unpredictable drops in market prices.

3. General Liability Coverage

General liability pays for repairs and medical treatments if you or an employee should accidentally injure someone or damage their property. Thus, if one of your trees should topple onto a neighbor’s shed or if a customer should slip and fall while visiting, your business insurance policy would cover it. It also pays for any legal bills arising out of the incident.

4. Workers’ Compensation

Workers’ compensation pays for medical treatments for employees who suffer workplace injuries or illnesses. It also reimburses them for lost wages. Texas is one of the few states that does not require that employers buy this insurance, but it is, nevertheless, a smart idea.  Employees may get hurt in any number of ways. They could cut themselves on pruning tools or the bottling machine or trip on tree roots. If they take advantage of the free medical care this coverage provides, they must waive the right to seek additional damages, lessening the chances you'll face a lawsuit.

 

For invaluable assistance designing a business insurance policy for your winery or vineyard, contact Michael E Glick Insurance in Boerne, TX. He serves clients in and around Kendall County, specializing in business, property, and auto policies, utilizing his 25 years of experience in the industry. Visit his website to learn more about these products. Call (830) 816-9488 to request a quote or a no-charge insurance review.

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