Wine Insurance

Wine Insurance - Some clients prefer to insure their own wines, using their homeowner's policy. For this reason, your wines are NOT automatically insured at our facility. Other clients have providers who will not insure wine stored off site or the coverage is inferior and/or expensive. For this reason we have developed a custom wine insurance program called "Cellar Protect". The program is administered by Hunters International Insurance Brokers and underwritten by XL Insurance Company Ltd. – two respected names in insurance. "Cellar Protect" will cover any collection stored at our facility (large or small) at very reasonable rates. For example, $100,000 of basic replacement value coverage costs only $150 per year for “all risks” coverage including fire, theft, vandalism, water damage, breakage, sewer back-up, earthquake and flood, among other things. Cash settlement is available should you choose not to replace your wines. Optional “cross border” coverage is also available. Designed for wines/vintages no longer available at the LCBO (i.e. probably most of them), the “cross border” option provides the insured with 200% of the wine’s value to help offset the costs to import them from other provinces or countries. Enrollment in our insurance program is a great way to complete your professional cellaring package. For more information about our Cellar Protect program, please feel free to contact us for details.

In-Transit Insurance - All client wines are automatically insured up to $250,000 while in transit by our personnel. Higher limits are available upon request (48 hours notice required).

Warehouseman's Legal Liability – The Fine Wine Reserve maintains a multimillion dollar Warehouseman's Legal Liability policy (WLL). Please be aware: Like all WLL policies, this type of insurance only protects us (i.e. the storage provider) and not the wine owner. Don't let your provider mislead you into thinking otherwise. Collectors are strongly encouraged to apply for our Cellar Protect program if their homeowner's policy doesn't already cover wines stored offsite.

Business Insurance – The Fine Wine Reserve maintains a multimillion dollar general insurance policy that helps protect our company, our facility and our employees. The liability policy also covers our activities while we are working in our customer's homes. A Certificate of Insurance is available upon request for our clients, and for restoration, relocation and other organizations who subcontract our services.

WSIB Insurance – Fine Wine Reserve employees are covered by Workman's Compensation. A WSIB Clearance Certificate is available upon request.