888-900-0205Insurance for Creameries & Yogurt Shops
Creameries are potentially lucrative businesses because of the up and coming “green” movements and local food trends. Your creamery business may keep the animals that you make your products from or it may simply create specialty foods from local milk sources. Either way, the long-term success and security of your company depends heavily on having the right types of business insurance.
General Liability
General liability is a broad level of business insurance protection for your creamery and its customers. General liability protects you from financial harm that is caused by unexpected events, hazards and risks. This insurance grows with your company so that new locations, products and services are automatically protected from the moment you add them. Several of the key areas of coverage in a general liability policy include:
General Liability Insurance Includes:
- Premises Liability – Premises liability insurance protects your creamery from lawsuits that arise when customers come to harm at your business location. If a customer is involved in an accident in your creamery, your premises liability coverage will pay for the medical treatment that they require. This insurance also pays for repairs if a customer’s personal property is damaged at your business location as well.
- Products Liability – When you manufacture or sell products there is always the chance of things going wrong. Food products are particularly vulnerable to having problems with bacteria or because of being stored or transported wrong. If your creamery is sued because of a customer becoming ill or being physically harmed by your products, the products liability portion of your coverage can pay for the damages and medical care bills.
- Completed Operations – Completed operations insurance protects you from lawsuits that might arise after you have provided services to your customers. If a customer sues your company for injuries or illnesses that they believe were caused by the services you provided to them, your completed operations insurance can pay for the damages. It can also pay for your legal defenses in the suit.
Business Owners Policy
A BOP, or business owners policy, includes general liability protection automatically. This insurance is meant to give your company protection against the potential loss of both intangible and tangible business assets. You can custom select each piece of coverage on this policy to ensure that it will meet your company’s specific needs without waste. Tangible assets may include your ice cream making machines while intangibles include digital payroll files. Other examples of options you can include are:
- Buildings and Contents
- Business Income and Extra Expense
- Electronic Data
- Newly Acquired or Constructed Buildings
- Employee Dishonesty Coverage
Business Auto
Business auto insurance is important coverage whether you drive regularly or occasionally for business purposes. If you or an employee is in an auto accident, this coverage can pay for bodily injuries, property damages and more.
Workers Compensation
Many states in the nation require you to carry workers comp insurance. This is a type of business insurance that specifically helps protect your employees if they are physically injured or made ill while working as a result of the work they are performing. Workers comp pays for medical bills and the costs of recovering from the accident or illness.
Commercial Umbrella
Umbrella insurance can give your company extra protection. If your other business insurance policies reach their maximum limitations on a claim, your umbrella policy can take care of the difference.