Insurance for Your Wine Collection

Yes, wine coverage is included in Chubb's Masterpiece 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. This includes, but is not limited to, accidental loss or damage, fire and theft. 

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 agent or 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.