Tips for Filing a Wine Insurance Claim

In case of a disaster, you can file a wine insurance claim like you would with any other insurance. Get in touch with the insurance company right away to discuss the issue and situation. So, Tips for Filing a Wine Insurance Claim?

Be aware that we are documenting your first call, so avoid speculating about the cause or fault. Take steps to prevent more losses, like removing undamaged bottles from a water-damaged cellar. Document damage and losses with photos, video, and detailed notes. Report any theft to the police and get a copy of the report for the claim.

Nowadays, lots of insurance companies have an online portal for collecting documents and communicating about claims. However, some may prefer using phone or email. Inquire about how long it takes to process claims, the different settlement choices, and the process for appealing a decision.

Collaborate with the insurance adjuster to assess and confirm losses. This might involve a visit to the location or other forms of verification. Maintain a record of all expenses related to the claim that are covered by the policy. Submit precise bills and receipts to the insurer promptly.

Insure a Wine Collection

To insure a wine collection, start by listing all the details like types, years, origins, sizes, values, and where they are stored. You can get an idea of the value by looking at similar bottles on websites like wine-searcher and Wine Owners.

Some people might seek an appraisal to determine the worth of rare or costly bottles. Although some insurance companies may not ask for an appraisal before providing coverage, it’s a good idea to do your own research. Through an independent appraisal, you can gain valuable insights about your collection, especially if it was passed down to you, and discover more about resale and replacement values, not just the necessary insurance coverage.

Compare coverage and prices of different wine insurance policies after getting quotes from various specialized insurers to choose the most suitable one.

Fill out the insurance applications you selected and submit inventory documents to receive a precise quote for selecting the most suitable option. Inquire about the flexibility of expanding coverage before making the premium payment to activate the policy. Also, clarify if the policy can be transferred to other beneficiaries of the wine collection or only to the policyholder. Additionally, identify any other individuals who should be listed on the policy, like a sommelier, estate manager, trust manager, or family member.

After choosing, keep your policy papers safe in both physical and digital forms. Keep the policy up to date by regularly updating the inventory, keeping track of where it came from, and adjusting values based on the use and sale of similar bottles.


By adhering to Tips for Filing a Wine Insurance Claim, you can enhance your chances of a successful wine insurance claim, ensuring that your valuable collection is adequately protected and any losses are compensated. Remember, thorough preparation and understanding your insurance policy are crucial components in safeguarding your investment in fine wines.