You would have to drop a bomb on VWW to even have a chance of your collection being impacted. It’s a former supermarket warehouse. Reinforced concrete. Of course they have temp control but it stays naturally cool most of the year. The only scenario as Michael probably described to you is accidental breakage if they are moving your boxes around.
FWIW, homeowners insurance is pretty poor for wine. It falls under collectibles and limits are usually super low. If it got baked not even sure you could claim. Agents are often pretty clueless on this and say yes covered but if you really dig in you will likely find the coverage if poor at best.
My parents have Chubb and had a wine claim which was super easy. They lost power for a week and Chubb covered it quickly. I use Pure for my wine coverage and have never had a claim but they are also great to work with. There are a few other specialists for collectibles like wine but forget who they are.
If the values are under 50k or something maybe nothing special is needed.
Funny but I think true. Have you ever seen how the wines are stored? Are they on shelves? Wonder if a shelf falls could it do some massive damage. Like a Domino effect.
I have not been to the lower levels but I assume they use the same heavy duty industrial racking that they have installed on the main floor.
I just signed up for Bluewater today for my offsite storage. The value of my collection was higher than I had thought, didn’t want to go naked on it especially living in NorCal with all the earthquake risk.
Curious if anyone has ever made a claim on Bluewater? Also do they send out quarterly reminders for inventory updates or do you need to set a reminder in your own calendar to do it?
No claims here. But I send an updated list more often than quarterly because I need to increase my coverage, lol.
AFAIK Bluewater does not cover earthquake losses in CA.
Just double checked my policy, you are right. Well sh!t.
AIG is about $700 for $100K of coverage. No deductible for most casualty losses including fire, theft, broken bottles and heat damage. 10% deductible for EQ but it is included in the price. No brainer. Got the link originally through Cellartracker.
For those believing they are covered under their homeowner’s policy, read the policy. Collectibles often have limitations of under $5K Also, it eats up your “belongings” or “personal property” coverage if you have a sizable cellar.
I can’t find a link on the AIG website for this type of policy, how did you get the policy?
So I originally got it from a link on CT, “Insure my Collection.” I see that it now links to Bluewater and another agency.
My policy’s agent is apparently:
BridgePoint Risk Management (Personal Lines Support Team)
plsupport@bridgepointrm.com
bridgepointrm.com