Key Risks for Cellar Owners
Temperature and humidity: Power outages or equipment failure can spoil entire cellars.
Transit: Bottles are fragile and can break or spoil in transit. Coverage should include shipments to auctions, tastings and secondary storage.
Market fluctuations: Fine wine values can surge with demand from emerging markets; insurance should keep pace.
“A cellar is a living, breathing archive of moments. Our team understands the nuances of fine wine and whiskey because we’re enthusiasts too—and we’ve designed coverage that keeps your collection safe from cork to cask.”
— Jeremy Caparas, Head of Customer Success
WAX Wine & Spirits Coverage
All‑risk policies: Coverage for breakage, theft, spoilage, equipment breakdown, natural disasters and climate‑control failures.
Blanket or scheduled options: Blanket coverage suits large, diverse cellars; scheduled coverage fits collections with a high‑value bottles.
Ancillary coverage: Insure cellars, shelving, racks, refrigeration units and accessories.
Expert services: WAX connects clients with professional cellar designers and inventory management tools.
With WAX, your liquid assets are preserved through every vintage.
Real‑World Case Study
During a summer heatwave, a collector’s cellar lost power for 24 hours. Temperature spikes ruined dozens of irreplaceable bottles. WAX reimbursed the collector for their full market value. Another enthusiast shipping a case of rare whiskey uninsured had a crate dropped en route to auction; with no specialized coverage, they bore the entire loss themselves.
Frequently Asked Questions
Q: Does WAX cover whiskey and spirits?
A: Yes. WAX insures rare whiskey and spirits collections as part of our wine and spirits program.
Q: Does WAX insure against changes in temperature?
A: Yes. WAX covers loss or damage caused by temperature fluctuation, including spoilage resulting from a climate-control failure.
Q: Can I insure a cellar spread across multiple locations?
A: Yes. WAX can consolidate multiple storage sites under one policy.
Ready to protect your collection?
Collectors can request a quote in minutes through WAX’s digital platform, and brokers can contact us to design coverage for their clients.
