As an owner of a winery, you know that producing fine wines is more than just growing grapes and putting it in a bottle. Aside from time, skill, and creativity, other components like staffing and management play their own roles in crafting an excellent wine. Whether your winery is family-owned or a corporation, it is important to anticipate risks and choose the right business insurance in Michigan and we can help you with customized features to meet the unique needs of your operation.
For wineries, there are a number of key coverages that make up the right business insurance policy. One of which is an insurance coverage that provides you with a “manufactures selling price endorsement”. This allows for a higher valuation of your finished products. In the event of a covered loss, this coverage will account for the extra expenses that you will incur to replace and age the lost products.