HAZARD COVERAGE FOR BARREL STORAGE

[navenjohnson]

I received a quote from a fire suppression company to sprinkle my production area. One of the quotes exclusions was Hazard Coverage for Barrel Storage. Can anyone tell me what that is, whether it's required by law, and why the sprinkler company would add it in?

[bluestar]

Was it an exclusion or was it a rider? Should cover value of barrel stored spirits.

[navenjohnson]

It was written as an inclusion. No spirits stored yet. I thought that my distillery insurance would cover the barrels stored on-site anyway. So is this different insurance through the sprinkler company? Is it ongoing? You've got a sprinkler system at QSD, how much do you pay for Hazard Coverage for Barrel Storage?

[bluestar]

Every insurance company will deal with this differently. Our casualty company just rolls it all in the policy, the assess total value including spirits in barrel.

[navenjohnson]

Thanks bluestar 

I am waiting for the sprinkler company to get back to me to discuss further.