How Much Does Insurance Cost for Breweries? Myles Trempe Discusses with SmartFinancial
Myles Trempe - Producer
Brewery insurance may include a mix of coverage types that are standard across most businesses and coverage types that are specific to the needs of the brewing industry. Producer Myles Trempe spoke with SmartFinancial to discuss the types of coverage a brewery should consider and what factors will impact rates.
“Brewery insurance costs will depend on various factors such as location, sales revenue, the size of the operation and any other risk exposures that might be present,” Myles said. “Microbreweries can typically expect to pay between $500 and $1,500 per month for a program that includes general liability insurance, liquor liability insurance, commercial property insurance and workers’ compensation coverage.”
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