Brewery Insurance

Brewery Equipment Lease Insurance

Leasing equipment keeps cash free, but the lease agreement usually makes you responsible for insuring it. Losses on leased gear still fall on the lessee.

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Example

How cover can respond in practice

A brewery leases a glycol chiller and it is damaged in a storm. The lease requires the brewery to repair or replace it. If the chiller wasn’t on the policy, the brewery pays out of pocket.

What to think about

What to think about

  • Insuring leased equipment for full replacement value

  • The lessor noted on the policy

  • Damage to hired equipment cover

  • Breakdown and maintenance responsibilities

  • What happens at the end of the lease

  • Hire periods for short term needs

Before you call

Questions to think about before you call

  1. 01

    What equipment do you lease or hire?

  2. 02

    What does the agreement require?

  3. 03

    When does it end?

FAQs

General advice only. It does not take into account your objectives, financial situation or needs. Read the relevant PDS and our Financial Services Guide before deciding.

Often not. Check the agreement.

It protects you for hired gear that you don’t own.

Only if it is listed.

Usually, yes.

Contact us

Want us to review your cover?

Tell us about your brewery or craft venue and we’ll come back with options. Prefer to talk? Call 02 8660 2305 or email admin@idealbrokers.com.au.

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