RareStorage does not provide insurance directly to clients.
We are pleased to be working with InsureMyWine to provide access to industry leading insurance solutions to ensure your liquid assets are protected.
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 is covered, we have heard for years that most homeowners insurance policies do not extend coverage to wine stored outside the residence. According to Forbes.com, less than 10% of wine collections are insured.
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 InsureMyWineto explore your options.
Lastly, when we ship your property we do offer insurance in transit at 1% of the declared value. During checkout, you will be asked to enter your desired insurance payment amount, and we will provide transit insurance at 100 times this value. For instance, a $10 entry secures $1000 in coverage for your items in transit. Your payment reflects 1% of the total insurance coverage. This only relates to bottles headed to you from our warehouse.
RareStorage does not provide insurance directly to clients.
We are pleased to be working with InsureMyWine to provide access to industry leading insurance solutions to ensure your liquid assets are protected.
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 is covered, we have heard for years that most homeowners insurance policies do not extend coverage to wine stored outside the residence. According to Forbes.com, less than 10% of wine collections are insured.
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 InsureMyWineto explore your options.
Lastly, when we ship your property we do offer insurance in transit at 1% of the declared value. During checkout, you will be asked to enter your desired insurance payment amount, and we will provide transit insurance at 100 times this value. For instance, a $10 entry secures $1000 in coverage for your items in transit. Your payment reflects 1% of the total insurance coverage. This only relates to bottles headed to you from our warehouse.