Berry Bros. & Rudd (BB & R), the famous wine merchant to the Royals, lost crates full of “luxury” bottles of wine due to theft. Burglars cut a hole in the side of BB & R’s warehouse and stole some of the finest wines the wine merchant had on hand.
Cutting a hole into the wall of a warehouse seems dramatic, but for burglars the pay off can be worth it. Overall, the burglar’s haul is estimated at £100,000 (close to $155,445). One bottle was estimated to be worth £5,000 (or $7,772.25).
There is no doubt that BB & R have insurance policies in place that protects them from such an event, but the robbery goes to show the lengths in which robbers will go to score high-end bottles of wine.
For the collector, this becomes a cautionary tale as thieves and burglars become more advanced in their tactics they may be able to identify individual collectors that may have high worth bottles of wine in their collections.
Ensuring that your cellar and collection are covered from theft and damage is key to protecting your wine collection investment. Not only are you protecting your collection from burglary but from the damage and destruction that can be caused from a botched heist. Burglars and vandals may leave your collection susceptible to changes in temperature, humidity and many other damaging factors.
A wine insurance policy for InsureYourWine.com will give you peace of mind and protect your collection from theft. A comprehensive wine insurance policy will also protect your collection from extreme temperature fluctuations, the backup of sewers and drains, and much more. Read our policy coverage, here.