Floods are disruptive and upsetting. Of course, the priority is to secure the integrity and safety of the home - but if you do have a valuable wine collection that's been flooded, you can do a lot to minimise damage and loss of value in the early stages.
We see a lot of flood-affected wine collections that have been more damaged by the aftermath than the original event.
THE GOLDEN RULE: Never use a heater or dehumidifier while the wine is still in the cellar. The raised temperature cooks and oxidises the wine, causing 'pushed corks', leakage, and increased ullage. These all lead to premature ageing and even oxidation.
For high value collections, or for those that may be under-insured, an onsite inventory and inspection is usually required. For smaller wine collections, and those in which there are no issues with the level of insurance, it is common to base a valuation, and the estimate of the loss of value, on information and photographs provided by the insured.
With thanks to Sarah Abbott at Swirl Wine Events Wine Consultancy
John F, Private Client
La Playa's Personal Risk Concierge service means advice you can trust - from an expert who understands you:
Independent and specialist
As an independent broker, we can advise on the best policies available - and on risk management measures including valuations, security, fire prevention and property marking - preserving the value of your property and giving you complete peace of mind. We have access to excellent terms with market-leading high net worth insurers.
In-house Wealth Management
We see insurance as integral to your financial planning - and our in-house financial advice team provides Wealth Management, Pensions and Financial Planning; a joined up approach with a team of advisers working for your best financial interests - all under one roof.
What does “Boutique Service” actually mean?
La Playa’s Personal Risk Concierge means:
*subject to availability with our insurer panel