Free of charge Insurance

The storage fee includes up to HK$3000 frees insurance coverage (according to the terms & conditions set by the Insurer).

Extra insurance coverage will be charge at an additional premium at 1% insured value.(Client will be asked to submit an additional form provided by the Insurer)

'Smart' Wine Storage Insurance

A major benefit of the PWC wine storage system is that each bottle's value is insured at highly competitive rates for FREE. That's because our records, wine storage facilities and security systems are of the highest quality. Our insurance broker sleeps easy at night so you can too. PWC will provide a free insurance up to HK$1000 coverage; additional coverage or valuation of your wine collection would be upon request (852) 3576 3001.

Most storage providers offer insurance cover. But all cover is not alike...

If your storage provider offers insurance for a flat-fee/case without regard to your wine's value:

• How do you know what you'll receive in the event of a claim?
• What if there's a catastrophic event such as a fire?
• Are you, in fact, the beneficiary of the coverage?

PWC's insurance is based on value. You set the price according to your cost or the market value of your wine (PWC can provide a market valuation for extra insurance coverage will ONLY be charge at an additional premium at 1% insured value. (Client will be asked to submit an additional form provided by the Insurer)). This data is secure, backed-up and easily provided to the insurer for documentation in the event of a claim.

E.g. it's easy for a storage provider to pay claims for the occasional dropped bottle and in this sense most providers are self-insuring for some claims. But what happens if there's a total loss due to a fire?

If your wine isn't insured to a specific value then clearly your storage provider has only provided an estimated total value to the insurer when it purchased cover. If they underestimated the requirement you're OUT OF LUCK!

• PWC keeps precise track of all wine insured and its value and makes frequent adjustments to its policy to ensure that reasonable or full cover is always in place

PWC's policy specifically provides that the ultimate beneficiary of a claim is the customer, not PWC.

This is important!