Preserve Records to Protect Wine Values

Preserving your wine collection

May 5, 2018

By Neil Kaplan
Cincinnati Insurance Company

Once your wine collection is properly stored, perhaps in a well-constructed custom wine cellar, and your systems are appropriately backed up, are you and your wines safe? Maybe not. What is the state of your records?

While most of us are, at heart, optimists, it still behooves us to prepare for unfortunate occurrences. Consider if the unthinkable happens and your wine collection is subjected to fire, flood, heat damage or some other peril, do you have the documentation that will help you when you file an insurance claim? Or should you wish to sell your wine, do you have the records that will establish provenance to the satisfaction of the secondary market?

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Insurance products and services offered through McGriff Insurance Services, Inc., a subsidiary of Truist Insurance Holdings, Inc., are not a deposit, not FDIC insured, not guaranteed by a bank, not insured by any federal government agency and may go down in value.

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