Loss Protection Program
Safeguard your investment against the unexpected. Our Loss Protection program can mitigate the financial risk of loss or damage while your wine is under UOVO’s care and control.
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Benefits of Loss Protection
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Have peace of mind while your items are in storage or transit knowing that your investment is protected
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Get coverage for bottles that do not fall under a separate insurance policy
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Receive an accurate valuation based on the most recent auction prices
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In the event of damage or loss, UOVO files the claim on your behalf
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Expanded Coverage
Most homeowner’s insurance policies do not cover wine collections when they are stored in an off-site facility. Our Loss Protection program safeguards your investment in the event of externally-caused damage or loss, including breakage, breakdown of refrigeration equipment, theft, traditional risk perils, and damage during transit.
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Collection Valuation
Our team calculates the value of all Premier clients based on Wine Market Journal (“WMJ”) prices which reflect the most recent auction prices paid for the wine.
For clients who manage their own inventory, we suggest using $150/bottle or engaging UOVO to perform a detailed assessment.
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Claim Management
In the event of damage or loss, UOVO will file the claim on your behalf, sparing you the effort and stress. You may only need to supply purchase documentation if requested by the carrier. Proceeds for claims are immediately routed to you by wire, check, or ACH.
