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Insurance valuations
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Author:  Staffwolf [ Mon Aug 24, 2009 2:56 am ]
Post subject:  Insurance valuations

I had my Navitimer revalued at the AD I brought it from at the weekend. I have it insured on an old for new policy, so wanted an up todate valuation to make sure I am covered if anything should happen. I have had my watch 17 months and the new purchase price is £4,300 up from £3,030. What a difference........! All these price increases add up don't they........!

It's worth a revaluation to make sure you are not left with a shortfall should you be have to make a claim.

Author:  MartC [ Mon Aug 24, 2009 3:24 am ]
Post subject:  Re: Insurance valuations

Staffwolf wrote:
I have it insured on an old for new policy.


I would hope thats a new for old policy mate :wink:

I think insurance companys will adjust payouts according to current market values anyway. Who did your valuations?

I recently enquired at local AD's about getting a couple of mine valued for insurance. Goldsmiths were rediculous!! £50 for the first watch then £30 per watch there after :shock: and they send them away for about a month.

Ended up paying just £25 +VAT locally for 2 watches on the same form. Done in a day. Result :D

Author:  Staffwolf [ Mon Aug 24, 2009 3:33 am ]
Post subject:  Re: Insurance valuations

Yes, it's new for old :oops:

The AD was TA Henn in Wolverhampton, where I brought the watch from I guess thats why they did it free of charge...? It came with a very nice certificate too.

Author:  alex** [ Mon Aug 24, 2009 6:59 am ]
Post subject:  Re: Insurance valuations

you could ask andrew michaels

for the record my local ad valued mine in the past, £10 a watch and after i had the 806 serviced she hasnt charged me since

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