Wine Insurance

When you have put valuable time and financial investment into a wine collection, you need to make provisions to have it protected. The best way is through adequate wine insurance. Unfortunately, collectors often overlook even basic protection of their valued wines.

Wine insurance is a relatively new face of the insurance industry in America.. It has formerly been lumped in personal property insurance, along with art and other valuables, as part of a collector’s homeowner’s insurance. Even then, insurance for wine for the collector has been limited to extremely large collections or very rare vintages.

Today, any size collection can be insured–and should be. By insuring your collection, you will first be giving it a value by having it appraised.

What Kind of Policy?

Determining what kind of policy you need and who to write your policy depends primarily on whether your collection is for consumption only or for consumption and investment.