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PostPosted: Tue Mar 02, 2010 6:23 pm 
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onewatchnut wrote:
The last time I use USPS Registered Mail I could declare any value I wanted, as long as I paid for the insurance.

You can insure for whatever sum you like BUT to make a claim, you need to show proof of value. So you can insure your watch for $15k but the max you are going to get is the 2nd hand market value and you need to have proof (e.g. sales receipt) or you won't get a cent.


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PostPosted: Wed Mar 03, 2010 5:08 am 
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Siv wrote:
You can insure for whatever sum you like BUT to make a claim, you need to show proof of value. So you can insure your watch for $15k but the max you are going to get is the 2nd hand market value and you need to have proof (e.g. sales receipt) or you won't get a cent.


Of course you have to be able to show proof of value, sales receipt, appraisal letter, etc. That goes without saying. You can't send a Timex with it insured for $10,000 and expect to collect if it is lost.

My point is that the least expensive way to send a valuable item and insure it for the value is USPS Registered Mail. It has a complete trail and the chance of it being lost is truly miniscule. I've used it many times over the years with complete success.

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PostPosted: Wed Mar 03, 2010 10:47 pm 
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A chronograph service was to determine how it works and what would be the best achievement of that chronograph. Despite it, Chronographs show all the rage because the price of that things is reasonable. You want more than you want the other things.


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PostPosted: Wed Mar 03, 2010 11:59 pm 
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JayKriz wrote:
A chronograph service was to determine how it works and what would be the best achievement of that chronograph. Despite it, Chronographs show all the rage because the price of that things is reasonable. You want more than you want the other things.


What? :nutkick:
did this made sense to anybody? :huh haha wow.

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PostPosted: Thu Mar 04, 2010 9:01 pm 
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LOL no sense to me either I scrolled back up through the thread like 12 times to see if I missed something LOL

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PostPosted: Fri Mar 05, 2010 7:03 am 
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jadanf wrote:
JayKriz wrote:
A chronograph service was to determine how it works and what would be the best achievement of that chronograph. Despite it, Chronographs show all the rage because the price of that things is reasonable. You want more than you want the other things.


What? :nutkick:
did this made sense to anybody? :huh haha wow.


Take it easy guys. I'm guessing that english is not his first language. Give the guy a break.


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PostPosted: Fri Mar 05, 2010 7:41 am 
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:yeahthat

Hardly the kind of welcome to a new member that we usually show at BretilingSource.

@JayKriz, if you post in your native language we can use Google translator to help you out.


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PostPosted: Fri Mar 05, 2010 8:15 am 
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Guys be very careful relying on USPS insurance. You can declare a $4K watch for $50K, but in the end you only get the FMV (fair market value) at the time of the loss. So that's what you could sell it for USED, not for REPLACEMENT value. Update your appraisals every 2-3 years on a rider to your personal insurance and make sure it's for replacement cost. That way the insurance company buys you a new watch. Also make sure it's an "all risks" rider - covers destruction (like gettingrun over by a steam roller), to theft, to simple loss.

One reason an appraisal form an AD is retail price instead of what you paid for it is so you can trult get replacement cost (but your insurance won't pay a penny more than what the new watch ACTUALLY costs. So retail appraisals keep you "covered" for a good couple years.

This is also why you don't want the watch over appraised since you are usually paying a stated premium based on every $100 of appraised value.

Botto line - retail appraisals, replacement cost, and all risk coverage.

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PostPosted: Fri Mar 05, 2010 11:11 am 
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Roffensian wrote:
:yeahthat

Hardly the kind of welcome to a new member that we usually show at BretilingSource.

@JayKriz, if you post in your native language we can use Google translator to help you out.


I didnt mean my comment in a bad way. I mis-read another post last night at like 2am and thought I may have missed something in here. Not in anyway giving the guy a hard time. Just seemed off topic so I wasnt sure if i had missed something earlier in the thread

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