Private Client Services
Wine
Your passion for the extraordinary extends beyond the conventional, evident in your collection of highly collectible Bordeaux and other exquisite wines and spirits.
It is important to secure specialized coverage for these liquid treasures.
A Common Misconception
Breaking them out from the confines of a standard home insurance policy is not just a matter of safeguarding your investment but ensuring that each bottle receives the meticulous protection it deserves.
Start the Conversation →Separating your valuable wines and spirits onto a dedicated valuable articles policy is a strategic move, acknowledging the unique risks they face. Sub-limits and the imposition of the home deductible can leave your high-value liquid assets exposed to potential losses.
Traditional home policies often come with limitations regarding the risks associated with temperature fluctuations. A tailored policy, specifically designed for your wine collection, ensures that these limitations are lifted, providing comprehensive coverage against temperature-related damages.
Current trends in the wine and spirits market highlight the appreciation and growing demand for rare and collectible bottles. Regular assessments and adjustments to your policy will align your coverage with evolving market values.
Key Capabilities
Storage and Risk Management
Items to consider:
Consider list loads from the CMS.
- Proper storage as the cornerstone of preserving quality and value.
- Protection against temperature fluctuations from natural disasters or equipment malfunction.
- What you currently have in place to prevent temperature swings — and what else could be considered.
- Regular reassessment as Bordeaux and sought-after spirits appreciate.
- Coverage that follows bottles held off-site or in transit.
- Aligning insured values with current market pricing.
Not sure what your current policy actually covers?
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