Oregon Beer Growler
  • BLOG ARCHIVES
    • Business is Brewing
    • Brew Bites
    • Super Brews

Protecting Your Craft Beverage Equipment

7/26/2015

0 Comments

 
By Jason Jordan
For the Oregon Beer Growler

While means and methods will vary, one item that all craft brewers share is dependence on their equipment. That’s why it’s important to make sure you include equipment breakdown coverage as part of your insurance portfolio if you’re in the business of brewing craft beer.

When most of us think about insurance protection, we think of insuring against fire, wind, theft or injury to other parties due to our negligence. But what about an electrical arc that interrupts the power supply, a sudden compressor failure on a glycol chiller or the sudden breakdown of your mash tun or whirlpool? These can be expensive items to repair or replace, and the downtime may prove more costly due to the lost revenue and time it may take to get replacement equipment.

Most traditional property insurance policies exclude the sudden and accidental breakdown of mechanical, processing, and heating and cooling equipment. A separate equipment breakdown policy or endorsement (a policy addition) is often required to insure these items properly. Many machinery and equipment policies include coverage for ammonia contamination and product spoilage due to temperature or humidity changes when vital equipment is suddenly damaged.

Consider these scenarios:

--Your heating boiler explodes, causing extensive damage to your brewhouse and building. Equipment breakdown coverage can cover the damage to both.

--A gear in a bottling line suddenly breaks, shutting down production. Equipment breakdown coverage can pay for your cost to repair or replace the damaged gear, up to the limit of your policy, and could also cover your lost income or extra expense caused by the accident.

In addition to covering the specialized equipment used in your craft, consider routine breakdown of equipment common in many business categories: air conditioning equipment, air tanks, electric motors, electronic data processing equipment, fans and blowers, water heaters and more. All of these can be covered under an equipment breakdown policy or endorsement.

Consider this important coverage to round out your insurance protection. By insuring your equipment against failure or breakdown, you can greatly reduce the financial impact to your business when they occur.

Jason Jordan is the head of BING and a licensed property & casualty insurance agent at Ross & Associates Insurance Services Inc., in Portland.
For more
information, feel free to contact him at breweryinsurance@ross-ins.com.

0 Comments



Leave a Reply.

    Picture

    Author

    Brewers Association

    Archives

    January 2018
    December 2017
    November 2017
    October 2017
    September 2017
    August 2017
    July 2017
    June 2017
    May 2017
    April 2017
    March 2017
    February 2017
    January 2017
    December 2016
    November 2016
    October 2016
    September 2016
    August 2016
    June 2016
    May 2016
    April 2016
    March 2016
    February 2016
    January 2016
    December 2015
    November 2015
    October 2015
    September 2015
    August 2015
    July 2015
    June 2015
    April 2015
    March 2015
    February 2015
    January 2015
    December 2014
    November 2014
    October 2014
    July 2014
    May 2014
    April 2014
    March 2014
    February 2014
    January 2014
    November 2013
    October 2013
    September 2013
    August 2013
    May 2013
    April 2013
    February 2013

    Categories

    All
    10 Barrel Brewing
    2016 Craft Beer Growth
    2016 Craft Brewing Growth
    2016 Hops
    Aaron Grieser
    AB InBev
    Accelerated Depreciation
    Accounting Reporting
    Accounting Standards Update
    Accurate Inventory Levels
    Adam Fleck
    Adopt A Farmer
    Adopt A Farmer Program
    Affordable Sustainability
    Agency Enforcement Actions
    Alaskan Brewing
    Alcoholic Beverage Law
    Alcohol Laws
    Alcohol-related Accidents
    Amarillo Hops
    Andy Puzder
    Anheuser Busch InBev
    Anheuser-Busch InBev
    Antimalware Systems
    Antivirus Systems
    Art Larrance
    Banking
    Bank Loans
    Bar Tap Lists
    Bart Watson
    Beau Evers
    Beer And Congress
    Beer And Football
    Beer And Music
    Beer And Music Preferences
    Beer And Politics
    Beer And Technology
    Beer Apps
    Beer Best Practices
    Beer Blogs
    Beer Bottles
    Beer Branding
    Beer Business
    Beer Connections
    Beer Couples
    Beer Data
    Beer Decoration
    Beer Design
    Beer Label
    Beer Label Design
    Beer Labels
    Beer Labor
    Beer Laws
    Beer Materials
    Beer Overhead
    Beer Science
    Beer Selection
    Beers On Tap
    Beer Story
    Beer Swag
    Beer Tap Lists
    Beer Taxes
    Beer Trademark
    Beervana
    Beer Waste
    Ben Edmunds
    BING
    B.i.n.g.
    Biological Oxygen Demand
    Blake Crosby
    Bob Pease
    BOLI
    Bonus Depreciation
    Bottle Shop Tap Lists
    Bottling
    Brad Avakian
    Brand Ambassador
    Brand Communication
    Brand Evolution
    Brand Innovation
    Brand Protection
    Breakside Brewery
    Brewer's Association
    Brewers Association
    Brewery Accountant
    Brewery Assets
    Brewery Bookkeeping
    Brewery Effluent
    Brewery Equipment
    Brewery Expenses
    Brewery Finances
    Brewery Founders
    Brewery Hazard Complaints
    Brewery Hazards
    Brewery Inspections
    Brewery Interest
    Brewery Logo
    Brewery Owners
    Brewery Payroll
    Brewery Reps
    Brewery Revenue
    Brewery Safety Inspections
    Brewery Safety Policies
    Brewery Safety Programs
    Brewery Safety Supervisor
    Brewery Taxes
    Brewery Training Programs
    Brewery Transitions
    Brewing
    Brewing Fabrication
    Brewing System Manufacturer
    Brewing Systems
    Brewing Trademark
    Brewing Water
    Brian Crosby
    Budweiser And Music Preferences
    Building Brewhouses
    Bureau Of Labor And Industries
    Bureau Of Labor Statistics
    Business And Romance
    Business And Travel
    Business Attractiveness
    Business Beverage Law
    Business Contracts
    Business Events
    Business Is Brewing
    Business Owners
    Business Policies
    Buying Brewing Equipment
    Buying Interest
    Capital Lease
    Capital Lease Payment
    Cascade Brewing
    Cascade Hops
    C Corporations
    CEHv8
    Cenosillicaphobia
    Centennial Hops
    Certified B Corporation
    Charitable Work
    Chief Economist Brewers Association
    Chinook Hops
    Chip Kelly
    Chocolate Beers
    Chocolate Malt
    Chocolate Rye
    Chocolate Wheat
    CHPSE
    Chris Jackson
    Chris Morehead
    Chris Petersen
    Christopher Morehead
    CISSP
    Citra Hops
    Civic Work
    Claim Costs
    Claim Reporting
    Class Action Lawsuits
    Cleaning
    Clearing Ownership
    Clearing Ownership Of Brands
    Clearing Ownership Of Company
    Cloud-based Software-as-a-service
    Code Section 168
    Code Section 179
    Cold Chain Delivery
    Collateral
    Collecting Data
    Collective Bargaining Agreement
    Combating Heat Illness
    Comet Hops
    Commercial Bankers
    Commercial Banking
    Commercial Bank Loan
    Commercial Real Estate
    Community Involvement
    Community Service
    Community Service Wage Claims
    Company Assets
    Company Holiday Parties
    Company-sponsored Events
    Compliance For SMBs
    Confined Spaces
    Consumer
    Contemporary Strategy Analysis
    Contract Controller Services
    Contracts
    Control Of Hazardous Energy
    Control Points
    Cost-effective Brewing
    Country Malt Group
    Courtney Mersereau
    Court Of Appeals
    CPA
    Craft Beer
    Craft Beer Boom
    Craft Beer Employers
    Craft Beer Holiday Parties
    Craft Beer Industry Employers
    Craft Beer Workshops
    Craft Beverage Equipment
    Craft Brewers
    Craft Brewers Conference
    Crafting A Strategy
    Credit Denial
    Crimson Hexagon
    Criveller
    Crosby Hop Farm
    Crystal Hops
    Current Ratio
    Custom Bottle Openers
    Customer Communication
    Customer Experience
    Custom Fabrication Facility
    Cyberattacks
    Cybersecurity
    Dangerous Equipment
    Dark Beers
    Data Analysis
    David Shaw
    Debt Financing
    Delayed Injury Reporting
    Departing Founders
    Department Of Labor
    Departure Of A Founder
    Depreciation Provisions
    Die-cut Labels
    Digital BOPP
    Digital Labe Printing
    Digital Security
    Dinah L. Choi
    Distribution
    Distributor Reps
    Division Of Occupational Safety And Health
    Donald Trump
    Double Pay
    Doug Cooke
    Douglas D. Morris
    Doug Morris
    Down Payment
    Dr. Robert Grant
    Dr. Sam Holloway
    El Dorado Hops
    Electronic Recordkeeping
    Employee Contracts
    Employee Development
    Employee Loyalty
    Employee Picnic
    Employee Retention
    Employee Wages
    Employment Law
    Employment Law Update
    Energy Consumption
    Energy Efficient Equipment
    Enforcement Provisions
    Environmentally Friendly Beer
    Equal Employment Opportunity Commission
    Equipment Breakdown Coverage
    Equipment Breakdown Policy
    Equipment Failure
    Equipment Investments
    Equipment Leases
    Everything Works A Little
    Exporting Beer
    Facebook
    Fair Labor Standards Act
    Federal Beer Laws
    Federal Mine Safety And Health Act
    Federal Minimum Wage
    Federal Occupational Safety And Health Act
    Fight For 15
    Fight For $15
    Filing Cabinets
    Financial Accounting Standards Board
    Financial Advisors
    Financial Health
    Financial Planning
    Financial Reporting
    Financing Equipment Purchase
    Financing Equipment Rental
    Financing Leases
    Fisher Phillips
    Flying Dog Brewery
    Forbes
    Fred Czuba
    Full Sail Brewing
    Fundamentals Of Obtaining A Loan
    Galaxy Hops
    General Duty Clause
    Good Business Policies
    Google+
    GoPayment
    Green Brewing
    Green Source And Clean Wind Programs
    Guarantors
    Hacked
    Hallertau Mittelfruh
    Harvest Single Hop IPA
    Hazard Communication
    Hazardous Chemicals
    Hazardous Energy
    Heat Exchanger
    Heather Sorensen
    Heat Illness Prevention
    Heat Illness Prevention Campaign
    Heat Safety Tool App
    Highly Hazardous Chemicals
    Historical Cash Flow
    Holiday Parties
    Holiday Party Bartenders
    Homebrew Cleaning
    Homebrew Sanitization
    Hop Business
    Hop Crop Report
    Hop Crops
    Hop Farmers
    Hop Farms
    Hop Harvest
    Hops
    Hop Varieties
    Hospitality Employers
    Hour Laws
    Hourly Employees
    Hours Worked
    House Bill 3458
    Human Resources
    Idaho 7 Hops
    Incident Reporting
    Independent Appraiser
    Independent Breweries
    Injured Employees
    Inspecting Equipment
    Insurance
    Insurance Audits
    Insurance Broker
    Insurance Information Institute
    Insurance Portfolio
    Insurance Protection
    Intellectual Property
    Internal Revenue Code
    Internal Revenue Service
    International Beer Distributors
    International Distributors
    Internet Sales
    Intuit
    Inventory Cost
    Inventory Management
    Inventory Management Software
    Investing Strategically
    Investment
    Investment Management
    IRS
    ITIL Foundation
    Jackson Hop Farm
    Jason Jordan
    Jim Mclaren
    Joe Mullens
    John Stephens
    Judge Kathleen Dailey
    Kate Brown
    Keep Employees Safe
    Keg Ordering
    Kernutt Stokes
    Kerry Finsand
    Key Agreements
    Killer Tap List
    Kolisch Hartwell
    Label Cost
    Label Materials
    Label Upgrading
    Lease Accounting
    Lease Changes
    Lease Guidance
    Leases
    Leasing Arrangements
    Legal Compliance
    Lending Institution
    Liability
    Liability Insurance
    Liability Policy Premium
    Liquor Liability
    Liquor Liability Exposure
    Liquor Liability Incident Reporting
    Loan Approval
    Loan Assessment
    Loan Payment
    Loans
    Lockout Violations
    LOTO Violations
    Love At Work
    Love Contract
    Lower Claim Costs
    Luminant Digital Security
    Lyft
    Macadam Forbes
    Maillard Reaction
    Maintaining Equipment
    Making Great Beer
    Management Of Hazardous Chemicals
    Manufacturing Establishment Overtime
    Manufacturing Establishments
    Marcus Reed
    Maria Pearman
    Maria Young
    Marketing
    Martin Perrier
    Matthew Diment
    Maude Haney
    Maximum Workweek Hours
    Measuring Consistency
    Measuring Mash Temperature
    Megabrew
    Menu
    Merchandise
    Merchant Services Provider
    Mike Leach
    Mike Riley
    MillerCoors
    Miller Nash Graham & Dunn
    Minimum Wage Increase
    Mirror Pond
    MSHA
    Multi-factor Authentication
    Multnomah County Circuit Court
    Nate Jackson
    National Agricultural Statistics Service
    National Council On Compensation Insurance
    NCCI
    New Belgium Brewing
    New Brewery Equipment
    New Investors
    Nick Saban
    Nicole Kasten
    Ninkasi Brewing
    Nugget Hops
    Obtaining A Loan
    Occupational Safety And Health Administration
    Odell Brewing
    Ogletree Deakins
    Online Brand Presence
    Open House
    Open Manufacturing
    Operating Lease
    Operating Leases
    Oregon Beer
    Oregon Brewers
    Oregon Brewers Guild
    Oregon Brewery
    Oregon Brewshed Alliance
    Oregon Craft Beer Industry Workshop Series
    Oregon Equal Pay Law
    Oregon Laws
    Oregon Minimum Wage
    Oregon Overtime Rules
    Oregon Revised Statutes
    Oregon Safe Employment Act
    Oregon Small Brewers Coalition
    ORS 652.020
    ORS 653.261
    OSHA
    Osha Citations
    OSHA Inspections
    Osha Penalties
    Osha Recordkeeping
    Osha Reporting
    Osha Violations
    OSU Austin Family Business Of The Year
    Outdoor Work
    Outdoor Work Enviroments
    Overtime Interpretation
    Overtime Pay
    Overtime Pay Oregon
    Overtime Pay Requirements
    Overtime Rules
    Ownership Interest
    Ownership Interests
    Parti-gyle Brewing
    Patrick Mccarthy
    Pay Equity
    Pay Equity Bill
    Payment Card Industry
    Paypal Here
    Payroll Records
    PC
    Permit-required Confined Spaces
    Pete Carroll
    Peter DeFazio
    PGE
    PGE Clean Wind
    PGE Green Source
    Ph.D.
    Pink Floyd Album Cover Artist
    Plugged In PR
    Point-of-Sale System
    Portland Beer Bottling
    Portland Beer Week
    Portland Bottling
    Portland General Electric
    Portland Labeling
    Portland Specialty Baking
    Practical Fusion Capital
    Premium Synthetic Paper
    Process Control
    Process Hazard Analysis
    Process Safety Management
    Production
    Production Data
    Production Growth
    Professional Development
    Profit
    Project L.i.f.e.
    Propel Insurance
    Protecting Assets
    Purchasing Interest
    Purchasing Shares
    Quality
    Quality Assurance
    Quality Checks
    Quality Control
    Quality Control Program
    QuickBooks
    Raccoon Lodge
    Radix Accounting
    Rainbows And Unicorns IPA
    Ralph Steadman
    RateBeer
    Real Estate
    Recycled Grain
    Reduce Brewery Effluent
    Reducing Brewing Waste
    Reducing Waste
    Reducing Water
    Relationships In The Workplace
    Renting Brewery Equipment
    Reporting Injuries
    Repurchase Ownership Interest
    Research And Development Tax Credit
    Restaurant Tap Lists
    Retail Packaging
    Return On Investment
    Revamp Laws
    Risk-management Plan
    Risk-management Programs
    Rollback Of Osha Penalties
    Rollback Of Osha Reporting
    Romance At Work
    Ron Wyden
    Rose City Label
    Ross And Associates Insurance
    Ross Island Brewing
    Rotating Taps
    SaaS Inventory Management Solutions
    SABMiller
    Safety Data Sheets
    Safety Northwest
    Sales Increase
    Salmon Safe Certified
    Salmon-safe Certified
    Salmon-safe Hops
    Sam Adams And Music Preferences
    Sam Holloway
    S Corporations
    Scott Pillsbury
    Scott Valley Bank
    Seasonal Labels
    Security+
    Security Monitoring
    Self-assessment Questionnaire
    Senate Bill 583
    Senate Bill 984
    Senate Bipartisan Small Brewers Caucus
    Shane Curtis
    Sierra Nevada Brewing
    Small BREW Act
    Small Breweries
    Social Host
    Social Host Liquor Liability
    Social Host Statutes
    Social Media
    Social Media Manager
    Southeast Asia Craft Beer
    Spent Grain
    Springwater Wealth Management
    Square
    Staci Wallace
    Statistical Process Control
    Statute Of Limitations
    Steve Mysinger
    Stone Brewing
    Storytelling
    Strategic Management
    Strategy
    Supervisor And Subordinate Relationships
    Surplus Inventory
    Sustainability And Beer
    Sustainable Brewing
    Sustainable Business Practices
    Sustainable Hops
    Tagout Violations
    Take Back Craft Beer
    Tanner Davies
    Taplister
    Tap Lists
    Targeted Investments
    Tax-cutting
    Tax Extender
    Tax Provisions
    Tax Savings
    Thailand Beer
    Thailand Beer Distribution
    The Caputo Group
    The Craft Beverage Modernization And Tax Reform Act
    The HR Group
    The Technology Issue
    The Travel Issue
    Time And A Half
    Timely Claim Reporting
    T.J. Romano
    Tomas Sluiter
    Total Domination IPA
    Trademark 101
    Trademark 102
    Trademark Attorney
    Trademark Conflict
    Trademarking
    Transportation From Holiday Parties
    Travis Vance
    Treating Wastewater
    Tri-S Decorating
    Tufts University
    Uber
    University Of Oregon
    University Of Portland
    Untappd
    Unvested Interests
    U.S. Craft Brewing Growth
    Used Brewery Equipment
    U.S. Patent And Trademark Office
    Valentine's Beer
    Vesting
    Vesting Schedule
    Virgil Gamache Farms
    Voluntary Community Service
    Volunteering
    Volunteerism
    Vulnerability Management
    Wage Claims
    Wage Laws
    Wages
    Washington Industrial Safety And Health Act
    Washington Laber & Industries
    Wastewater
    Wastewater Treatment Plants
    Water Waste
    Website Branding
    Widmer
    Widmer Brothers Brewing
    Willamette Valley Mobile Testing
    Workers Compensation
    Workers Compensation Claims
    Workers Compensation Policy Premium
    Working Time
    Work Opportunity Tax Credit
    Workplace Emergencies
    Workplace Injuries
    Workplace Law Changes
    Workplace Safety
    Work Relationships
    Yelp!

    RSS Feed

  • BLOG ARCHIVES
    • Business is Brewing
    • Brew Bites
    • Super Brews