Do the books!

When you take out your home insurance policy, you estimate the total value of your items. On average, this comes to 40 000 euros for an apartment in Luxembourg and about double that for a house.
But what has happened since? How many of your grands-crus have been drunk? How many new bottles have found a home in your wine racks?
Being up to date on the value of the insured property is not always easy if there’s a lot of coming and going in your cellar.
Keep a cellar book - in paper or paperless form - it could well inspire you to increase the ceiling of your home insurance if the value of your cellar has been creeping up over the years. Because remember that, in case of an incident giving rise to reimbursement, the insurer can tolerate a 10% increase on the amount of property declared, rarely more.