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Yes, You Should Insure Your Wine Collection. Here’s How.

If you have a wine collection worth $200,000 or more–and you haven’t taken out an insurance policy–your investment may be in jeopardy. Even if you aren’t storing a bottle of ultra high-dollar Chateau Lafite 1869 or Cheval Blanc 1947 in your wine cellar, you likely own some valuable vino that should not only be protected from spoilage but also protected from disasters. However, experts estimate that fewer than 5% of wine collections are properly insured. In other words, your wine—and your investment in it—could go down the drain if the bottles accidentally… Read More