Wine insurance: What is it and what does it cover?

Wine insurance - wine rack

Though most people don’t need this type of coverage, collectors should consider protecting their collections. Most of us uncork a decent bottle of red or white without any need to consider wine insurance. We spend $10 to $15 on a nice bottle and enjoy our purchase. However, collectors who have accumulated thousands of dollars worth of bottles could benefit from this additional coverage. Serious collectors could have collections – or even individual bottles – worth thousands. Storage facilities and logistics companies focused on this industry believe that less than 5…

Read More