RareStorage does not provide insurance directly to clients.
Most homeowners insurance policies do not extend coverage to wine stored outside the residence.
While we always recommend that clients check with their agent to see if their wine and spirits collectibles are covered, we have heard for years that most homeowners insurance policies do not extend coverage to bottles stored outside the residence. According to Forbes.com, less than 10% of these collections are insured.
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We are pleased to be working with InsureMyWine to provide access to industry leading insurance solutions to ensure your liquid assets are protected.
The team at InsureMyWine has been working with Chubb providing feedback on what the ‘ideal’ policy would look like: low coverage tiers, low deductibles, coverage for wine in transit, coverage for mechanical breakdowns, storms and other weather-related issues.
We encourage you to connect with the team at InsureMyWine to explore your options.
Lastly, when we ship your property we do offer insurance in transit at 1% of the declared value. Coverage applies only to K&L-purchased items during transit and cannot exceed the original retail purchase price. This does not cover any loss or damage after delivery or beyond the shipping period. For broader or long-term protection, we highly recommend the options listed above on this page.