WINE SHIPPING INSURANCE – IS YOUR COLLECTION SAFE?

From the delivery of a newly acquired Grand Cru to a cross-country relocation of one’s entire cellar, wine shipping is the collector’s necessary evil. You can protect yourself and your collection in two ways: procure a seasoned door-to-door wine shipper, and ensure that you have the proper wine shipping insurance. Regardless of how detail-oriented and safe shippers are, the reality is that any time a bottle leaves your cellar, it exposed to a number of risk factors.

Our wine shipping partner, Domaine Wine Storage, prides themselves on timely and dependable temperature-controlled wine shipping. A critical factor to our confidence is their insistence on wine shipping insurance. Domaine Wine Storage strongly recommends that their customers purchase their own comprehensive wine-specific policy, available through our user-friendly site. Though the policy offers coverage for one year, it is frequently more cost effective for clients to purchase wine shipping insurance through insureyourwine.com than through the shipping companies’ for a single shipment.

At a low rate, Insureyourwine.com offers 100% coverage for:
- Property in transit
- Fire and theft
- Loss due to breakdown of climate control units
- Earthquake, and flood

Many insurance policies, including most homeowner’s policies, have a frustrating and tedious claims policy, along with only covering theft or fire damage. These policies dismiss what we have found to be the greatest risk factors: spoilage due to heat exposure and breakage.

Recently, a Domaine customer noticed damage to two cases of his wine after they had accidentally been dropped while unloading from a truck at his home, resulting in over $3,000 in losses. The customer documented and reported his claim to Insureyourwine.com, and was fully reimbursed for the full value of the wine within one week. Fortunately, this is a rare situation, but a good example of how a singular wine insurance policy can save a collector from substantial loss.

To view rates, please click here:
http://www.insureyourwine.com/features-rates/

ABOUT WINE SHIPPING WITH DOMAINE WINE STORAGE

With Domaine Wine Storage, customers are provided safe and dependable shipping of wine at an affordable rate. Due to the bulk of wine shipments they complete annually, they are able to offer fast, temperature-controlled wine shipping on a domestic or national level at up to 15% less than their competition. An expert in residential pick-ups and deliveries, Domaine Wine Storage takes the stress of out the wine shipping process, ultimately allowing the customer to simply enjoy their wine. Their all-inclusive approach sets them aside from the competition and above all insures the safe delivery of your wine, however complex the logistics.

To obtain a quote for your wine shipping needs, please click here:
http://www.cellaradvisors.com/wine-shipment-questionnaire

MGA’s Uncork Multiple New Program Niches

By SUSANNE SCLAFANE, PROPERTYCASUALTY360.COM

For Tony Morgan, a property underwriter specializing in earthquake coverage, the spark for his firm’s latest specialty-insurance program idea was nothing more than an interesting newspaper article that really had nothing to do with earthquakes—or even insurance.

Decanter.com article: ‘Massive implications’ of warehouse roof collapse for business

Stories like this London tragedy below are a reminder of the importance of properly insuring a wine collection!  Read the Decanter.com article here.

‘Massive implications’ of warehouse roof collapse for businesses

January 10, 2011
by Richard Woodard

Wine businesses have been left without stock to sell at the busiest time of the year as a result of the collapse of a warehouse roof at London City Bond (LCB) before Christmas.  One distributor, Source Wines, estimates that it lost up to 80% of its stock in the collapse at LCB’s facility in Purfleet, Essex, on 2 December, which is believed to have been caused by heavy snowfall.