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Watch insurance?
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Author:  mrcheatle [ Tue Feb 01, 2011 11:11 am ]
Post subject:  Watch insurance?

Do you insure your watch(s)? :roll:
I personal do however I was curious to get everyone else's take on it.

Author:  Roffensian [ Tue Feb 01, 2011 11:19 am ]
Post subject:  Re: Watch insurance?

viewtopic.php?f=1&t=24363

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viewtopic.php?f=1&t=17790

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viewtopic.php?f=12&t=12644

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You get the idea.

Author:  Flynnstone [ Tue Feb 01, 2011 4:49 pm ]
Post subject:  Re: Watch insurance?

Roffensian wrote:


You must have a list of links ready and waiting given the amount of reoccurring questions that pop up. :D

Author:  Roffensian [ Tue Feb 01, 2011 4:53 pm ]
Post subject:  Re: Watch insurance?

Flynnstone wrote:
Roffensian wrote:


You must have a list of links ready and waiting given the amount of reoccurring questions that pop up. :D



No just spent about 30 seconds with the search function. :poke:

It would have been quicker but I had to edit because you can only have 10 links in a post and there are a lot more than 10 topics.

Author:  Drtymrtini [ Wed Feb 02, 2011 8:01 pm ]
Post subject:  Re: Watch insurance?

With all due respect to ROFF, I checked the first 8 of those 10 links and they were either from Europe and/or they were asking for advice about insuring their watches. The person who posted this question lives in America and was asking for opinions about insuring timepieces. I know a lot of you guys have been around these boards forever, but not every question is the same and it's good to get some new opinions from time to time.

I personally think it depends on the value and/or scarcity of your timepiece and how much the insurance costs. I do not insure my Omega or my Breitling because I think they are easily replaceable at a reasonable cost. Both also lost considerable value as soon as I took ownership of them. I do include my Panerai and my wife's Patek because the Patek is a rare watch and would be extremely difficult and expensive to replace and the Panerai holds its value much better than the other watches I own. So in my opinion, I think you need to weigh the value of the watch against the premium of the insurance cost PLUS the actual rarity of the piece you are going to insure.

I hope that helps!

Author:  mrcheatle [ Thu Feb 03, 2011 5:32 am ]
Post subject:  Re: Watch insurance?

I noticed that to...but you said it! :D Those topics didn't really help me at all :evil:

However, on a good note... Drtymrtini: that was the type of response I was looking...Thank you!


:poke:.... back at ya :D

Author:  l2djae [ Thu Feb 03, 2011 7:58 am ]
Post subject:  Re: Watch insurance?

If anything, I never even thought to insure my watches, so I'm definitely going to look into that now. Thanks.

Author:  bozman52 [ Thu Feb 03, 2011 12:37 pm ]
Post subject:  Re: Watch insurance?

I insure both of my Breitlings. At $40/year per watch, it's a no brainer for me.

Author:  rgilbert24 [ Thu Feb 03, 2011 4:14 pm ]
Post subject:  Re: Watch insurance?

I don't insure my watches but think that I should. Anyone from Canada insure their watches? I too looked at the links ROLF and a lot of them were about UK insurance.

Author:  Biz [ Thu Feb 03, 2011 4:18 pm ]
Post subject:  Re: Watch insurance?

My AD actually sends me a letter with the Jewelery store's letterhead stating the replacement cost of the watch for insurance purposes. I have yet to be worried enough about it that I should be taking out a policy for my watches alone.

Author:  Roffensian [ Thu Feb 03, 2011 4:51 pm ]
Post subject:  Re: Watch insurance?

rgilbert24 wrote:
I don't insure my watches but think that I should. Anyone from Canada insure their watches? I too looked at the links ROLF and a lot of them were about UK insurance.



As I said on a number of the previous threads (!), I have mine on my household insurance (Intact, formerly ING) and as long as they are named items then I don't have to pay extra as long as the total contents value doesn't exceed a percentage of the total insurance coverage.

I've had the same policy for quite a number of years now, so no idea if they still offer that or whether I am grandfathered.

Author:  daimlerblue [ Fri Feb 04, 2011 3:38 pm ]
Post subject:  Re: Watch insurance?

My household new for old policy covers items like Lings...expensive golf clubs, ect ..if you declare them as seperate items...including full photo evidence, serial numbers, and reciepts........up to a certain value within the current year.
For the SA it also covers it for out of house theft and loss......along with a police report.
:wink:

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