If you’re a wine aficionado, you’re probably collecting and storing a significant amount of wine. However, have you considered that you might want to insure your collection? It’s important to understand what your policy covers and doesn’t cover, such as market appreciation, mechanical breakdown of your climate control system and newly acquired wine. Most policies don’t even cover wine collections, and you’ll need a separate policy or rider to protect it. Additionally, you’ll want to consider an insurance carrier that specializes in settling wine collection claims.
Click here for simple tips for protecting your wine collection.
According to Patrick Gilroy, Owner of Wine Storage Bellevue, “Not all wine storage facilities are equal. Depending on your individual needs, here are some important factors to consider: Does your facility accept wine shipments on your behalf and store them safely for you? Is your wine accessible and available when you need it? Ask about extended hours and 7-day-a-week access. The quality of the wine’s security should match, if not exceed, the value of the collection. Be sure to ask if your wine is stored securely under lock and key, or, better yet, under surveillance. If you use a web-based cellar management tool, ask about wireless internet access where your wine is stored so you can keep your records up to date. Some places even offer a comfortable decanting area where you can sit and enjoy a glass of wine with a fellow connoisseur or wine interest group."
If you have questions or would like an initial consultation...
Renting a car? Ever wonder if you need to buy the insurance offered at the rental-car counter? Here are some helpful tips to help answer that question…
1. Know your personal auto policy. It’s likely your policy will extend coverage to a rented vehicle, but there are limitations. It’s always a good idea to check with your insurance agent before you rent a car so you understand the limitations provided by your own auto policy.
2. Using a credit card to pay for the rental car may provide you some protection, but it’s likely limited to reimbursement of your insurance deductible after your own policy pays for repairs.
3. Understand there are unique circumstances that you will want to address with […]
Brenda Fowler of Portland, OR is the first winner of the new personal insurance referral program at The Partners Group. As part of our new referral program, Brenda will receive a $100 VISA Gift Card. Also, The Partners Group will make a $10 donation for every referral received to the non-profit of the quarter. This quarter, The Partners Group will be donating $140 to the CAT Adoption Team.
The Cat Adoption Team (CAT) is the largest nonprofit, feline-only shelter in the Pacific Northwest committed to finding a home for every cat they take in. Together with the community, they strive to make the Portland metro area one of the best places […]
Michelle Gallardo and Mallory Fuller volunteered with Christmas for Kids at the Hollywood Fred Meyer. Christmas for Kids includes shopping with kids, bagging items, and taking the children to get their pictures taken with Santa.
Christmas for Kids is a magical annual event where local kids are taken shopping at a local store by community volunteers to get items that are most needed (coats, books, hygiene items). Shopping is paid for with accumulated contributions over the past year from generous donors throughout the community.
Years ago, The Partners Group asked all employees to donate their time in the final months of the year to volunteer for a non-profit organization. TPG also agreed to make a monetary contribution to each charity. The idea was a huge success and has become part of our culture. This year, Lori Hedgecock and Carrie McHale of the TPG individual insurance team worked a full day along with several co-workers at Habitat for Humanity. They spent the day landscaping several homes that were nearing completion.
“It was heart-warming to know that deserving families would be moving into their first home soon.”
“The pictures show that while we worked hard, we also had a lot of fun! […]