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With more than 25 years of experience providing travel insurance to Australians, Chubb Leisure Travel Insurance can help protect you and your family while you travel overseas, knowing Chubb support is there if an incident occurs.
From high-value homes and fine art collections to luxury vehicles and more, we are here to help ensure that what you treasure most is treated with expertise.
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Wine Cover
Key benefits
Individualised coverage*
We offer flexible, worldwide coverage options to meet your unique needs. Cover an entire collection with blanket coverage, itemise your individual bottles, or do both. It’s up to you.
Optional cash settlement*
In the unfortunate event that your wine is irreparably damaged, lost or stolen, you can choose to take cash up to the sum insured rather than replacing if it suits you better.
Paying market value*
In certain cases, we’ll pay more than the amount itemised on your policy to account for increases in market value.
Coverage for mechanical breakdown*
We provide coverage for wine which has been damaged due to loss of power supply or mechanical breakdown of climate control equipment.
*These benefits are not included in all Chubb home insurance policies. Speak to your insurance broker to find out which product is right for you.
What it covers
Loss or damage
Our insurance covers against accidental loss or damage to your wine collection, ensuring that you are financially covered in the event of unexpected incidents.
Theft and burglary
Chubb wine cover provides coverage for theft or burglary. This ensures that you are financially covered in the unfortunate event of such incidents that may affect your valuable items.
Replacement cost
In the event of loss or damage, our coverage takes into consideration the replacement cost of your wine, providing financial reimbursement to restore your collection.
Worldwide coverage
Whether you're at home or travelling abroad, our insurance extends coverage worldwide, ensuring that your wine is insured no matter where you go.
*Additional coverage options: Chubb offers optional coverage enhancements, such as coverage for newly acquired pieces and higher limits for specific items, allowing you to customise your policy to fit your unique needs.
Coverage exclusions
Please note that Chubb wine cover has certain exclusions. For a comprehensive understanding of coverage and exclusions, please refer to the policy wordings and product disclosure statements. Contact your insurance broker to explore the coverage options and ensure the comprehensive coverage of your wine and collection.
Some of the primary exclusions include loss to wine caused by:
- An intentional act by someone covered under the policy, such as stealing, theft, or other misappropriation.
- Certain events including acts of war, nuclear and chemical hazards.
- Wear and tear, gradual deterioration, rust, and corrosion.
Resources
Testimonial
After a sudden fire destroyed Gretchen and Brian’s home, Chubb made sure their family could pick up where they left off.
Masterpiece ® Homeowners Insurance
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Read some examples of scenarios where a Masterpiece home and content’s policy will help cover you.
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Frequently Asked Questions
Chubb’s wine cover offered as part of our home insurance policy covers a wide range of potential risks to your wine collection. This includes, but is not limited to, accidental loss or damage, fire and theft.
Yes, our wine coverage is included in our Chubb home insurance policy and cannot be purchased as a standalone product. While some homeowners’ insurance policies may provide limited coverage for wine collections, it is often insufficient for valuable or extensive collections. Chubb offers comprehensive coverage specifically designed for the unique needs of wine collectors, enthusiasts and connoisseurs.
Our cover for wine is offered as part of a complete home insurance policy. The price is determined by many factors including location, value and risks. For a personalised quote, please contact your insurance broker.
You should consider purchasing a home insurance policy that includes wine coverage if you own a collection of wine that would be costly to replace, or if you're in possession of rare or valuable bottles. Wine insurance can provide an additional layer of protection for your investment against unforeseen risks.
Determining your insurance requirements involves evaluating the value of your collection, the risks it's exposed to, and what you would be willing and able to pay out-of-pocket in the event of a loss. An insurance broker can assist you in this process to ensure you have the right level of coverage for your needs.
Properly caring for your wine collection involves maintaining optimal storage conditions, such as temperature and humidity control, keeping bottles stored horizontally, and avoiding exposure to light and vibration. Additionally, proper inventory management and regular valuation are key to ensure your collection is adequately insured by your policy.