Syrup and Honey Manufacturing Insurance

Don't Get Stuck Without Syrup and Honey Manufacturing Insurance

Ann Herro | August 30, 2018

Syrup and honey are both sweet foods that Americans love to eat with their breakfast foods and more. Whether they top pancakes with table syrup or add honey to their evening tea, consumers want to enjoy a high-quality product that is safe to consume. 

That’s why syrup and honey manufacturers take such great pride and care in their work. 

The syrup and honey manufacturing process starts in nature, where the most basic raw ingredients—tree sap and honeycombs—are collected from their source. The raw ingredients are then processed according to exacting standards in order to produce delicious and safe food products for mass consumption. 

At any time in the process something can go wrong. Property and equipment can be damaged or destroyed by fire or other disasters. And your finished product can become tainted and dangerous to eat. What’s more, you face typical business risks like slips and falls on your premises, employee injuries, and car accidents with your commercial vehicles. 

Whether you produce syrup or honey, you need a comprehensive set of business insurance policies to help you cover your risks and stay afloat should disaster strike. Talk to an independent insurance agent about how the following types of business insurance policies can be tailored to your needs.  

Syrup Manufacturing Can Be Sticky Business

The Algonquin Indians and other Native American tribes first showed French and British settlers how to draw the sap of the sugar maple and reduce it to the sweet, thick liquid that we now call maple syrup. Today, over 5 million gallons of maple syrup are produced annually in the U.S. and Canada. 

Commercial syrup producers adhere to a traditional but complex process of tapping, collecting, sugaring, and bottling the sweet liquid. 

After the sap enters the sugar house through a constantly moving pipeline, the liquid moves through a continuous feed system where it is heated, drained, and bottled. This careful process involves a variety of equipment, including the pipes and flues that make up the feed system, as well as holding tanks, heating elements, and a series of long stainless steel pans in which the syrup is processed. 

Finally, it is filtered and bottled in airtight containers, ensuring a sterile and unspoiled product. The completed syrup is also graded and labeled. 100% pure syrup can be labeled “pure maple syrup.” Products that are less pure or contain other ingredients are labeled as either table syrup or pancake syrup.

Honey Manufacturing Isn’t Always Sweet

After honeycombs are removed from beehives and the raw honey extracted, it is up to the commercial honey producer to do the rest. Honey manufacturers pour the raw honey into tanks, where it is heated to melt out crystals, then kept at 120° F for 24 hours, allowing any extraneous bee parts or pollen that rises to the top to be skimmed off. 

Most of the remaining honey is then flash-heated to 165° F, filtered through paper, and then flash-cooled back down to 120° F—all in about 7 seconds. This results in a lighter, bright-colored honey preferred by most consumers. 

A small percentage of the honey is only strained, not filtered, producing unprocessed honey that is darker and cloudier. 

The finished product is pumped into jars or cans to be sold to retailers and consumers. 

Why Do I Need Syrup and Honey Manufacturing Insurance? 

Anything can go wrong before, during, or after the syrup or honey manufacturing process. 

  • Ingredients can be spoiled or tainted. 
  • Manufacturing equipment can break down leading to a production stoppage. 
  • Pipelines and heating elements can break down leading to spoilage and product loss. 
  • Fires, weather events, and theft can damage your building or other property. 
  • Syrup or honey that reaches the market can be unsafe and cause illness or even death.
  • Contaminated products may need to be recalled from the market. 
  • Customers or members of the general public can be injured on your premises.
  • One of your delivery trucks can cause an accident. 

You need a comprehensive set of syrup and honey manufacturing insurance policies to act as a financial backup when you face financial losses from these types of events. 

Syrup and honey manufacturing insurance can help you protect your assets from the costs of lawsuits, building and machinery damage, the immediate and long-term effects of a product recall, and more.

What Does Syrup and Honey Manufacturing Insurance Cover?

Syrup and honey manufacturing insurance covers your business for all of your more common and unique risks. It protects your property, machines and equipment, employees, and assets when a disaster happens or if you are sued for negligence. 

Talk to your independent insurance agent about how the following types of business insurance policies can be tailored to your needs. 

  • Commercial property insurance: Helps protect your manufacturing facilities (buildings) and their contents, (e.g., office equipment and tanks, pipelines, pans, heating equipment) in the event of fire, weather events, theft, vandalism, and other covered events.
  • Business interruption coverage: Reimburses you for lost income and certain ongoing expenses (e.g., rent, employee salaries) if your business is unable to operate because fire, hail, wind, equipment breakdown, etc. 
  • Utility interruption coverage: Reimburses you for costs related to breakdowns in utility services (water, electrical) that force you to temporarily stop production. 
  • Equipment breakdown coverage: Helps you repair or replace damaged machinery that is essential to keeping your production line working. 
  • Inland marine coverage: Protects your products as they are transported from place to place. 
  • Spoilage coverage: Offers financial protection for the costs of goods that spoil on-site. 
  • Commercial general liability (CGL) insurance: Provides broad liability protection for injuries and property damage that occur on your premises or because of your carelessness. If a customer is involved in an accident in your plant, your CGL coverage will pay for any related medical bills. CGL insurance also pays for repairs or replacement if a customer’s personal property is damaged on your premises.
  • Product liability insurance: Helps you pay for losses or injuries to a user, buyer, or bystander caused by a defect or malfunction of your product.
  • Commercial auto coverage: This is necessary if your business owns and operates any vehicles. It covers your vehicle fleet and drivers in the event of an accident or other vehicle damage that occurs as you transport your product from place to place.
  • Commercial umbrella coverage: Provides liability protection above and beyond the liability coverage included in a commercial general liability and business auto policy. A commercial umbrella policy would pay when your other liability coverage has been exhausted. 
  • Workers’ compensation insurance: Protects employees from the costs of workplace injuries and illnesses. 
  • Product recall insurance: Reimburses you for financial losses related to a product recall.

How Much Does Syrup and Honey Manufacturing Insurance Cost? 

The size of your business and the types of policies you need to cover your unique risks determine the cost of your syrup and honey manufacturing insurance. A variety of other variables also impact the cost of your business insurance, including the following:

  • Number of employees 
  • Types of manufacturing equipment
  • Size and location of your building
  • Number and type of trucks or other vehicles that you own 
  • Volume and geographical distribution of your products

Find and Compare Quotes

An independent agent can work with you one-on-one to determine the types and amounts of coverage you need. Your agent can get quotes from multiple insurance companies so you can evaluate the cost and coverage options and make the best choice. 

Benefits of an Independent Agent

Our agents simplify the search process for finding the right syrup and honey manufacturing insurance. They’ll walk you through some handpicked policy options and explain the details.

Most importantly, they’ll be there for you when claim time comes. They know the ins and outs of the process and will make sure your claim is handled appropriately. 

The Lowdown on Online Quotes

Online quotes can be tempting. They are fast and easy to get—but are they accurate? And are you getting quotes for the right coverage? For business owners, choosing speed over accuracy can cost you. 

Online quotes can’t and don’t see the whole picture. They can leave out important coverage that will leave you devastated if something unexpected happens. And they can leave out cost-saving opportunities that an agent can help you take advantage of. 

Instead of getting an online quote, find an independent insurance agent now, and get one-on-one consultation and affordable options for the best coverage for your unique needs. 

TrustedChoice.com Article | Reviewed by Paul Martin

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