Insurance

If your wine is worth a lot of money, it may be wise to take out specialist insurance. These brokers usually have strict conditions, but you can be confident that they have an excellent understanding of the wine business. Most policies will insist on an initial valuation, proof of purchase and regular valuations thereafter. Insurance that includes accidental damage will also require your wine cellar to have the right temperature and humidity levels for wine storage. Up-to-date, detailed records of the contents of your wine collection are also essential. If you have difficulty finding a specialist insurer, try asking in your local wine merchants, or in the nearest wine storage warehouse.