Insurance for your Rolex. What's the best to have?

[HDHNTER]

Originally Posted by Z-Sub

This is what I'm looking for and will look into this

Glad I could help. From my research, JM really is the best option for those of us in the US. Here's some more good info, they have a strong relationship with Rolex & if you should suffer a loss your replacement ships directly from Rolex, not a local AD. I found this out after asking what happens if I have to file a claim on my Daytona....it's not like I could just walk into an AD & pick-up a replacement. They told me the replacement would come right away directly from Rolex even for SS. Obviously vintage claims are handled differently but I have no experience with that side of the house.

You also don't have to provide revised appraisals every time Rolex has a price increase since replacements come from the manufacturer, not a retail distributor. You just need to provide a recent appraisal when you start the policy. Adding or removing a piece from the policy is very easy as well & they are always a pleasure to speak with. I could not offer a higher endorsement to an insurance company.

[Mr Sandman]

Originally Posted by Russ1974

In the UK, don't take out specialist watch insurance - just add it as a listed item on your home insurance. This will cover it for loss/theft/accidential damage globally. I had to pay about £25 a year extra to cover my Daytona (valued at £6k). This makes a big difference in the way I use and wear my watch (e.g., everywhere, for everything) knowing that if I do something stupid, it'll be covered, at a bargain price!

I do the same for my 4 watches....My AD gave me a typed valuation assessment for replacement value on all 4 watches for free when I picked up my SD back at the beggining of July.....It makes a big difference if they are storded in a quality safe and seperated from the boxes and paperwork.

[chicagowatchman]

I have CHUBB Masterpiece
homeowners Policy...Its the rolls royce of all insurance!

[diggity]

I added my SD to my Liberty Mutual homeowner's policy. The watch costs around 9 a month to insure.

[the186element]

Allstate,
Full replacement valve for any circumstance.

21.00 per thousand.

HOW COME INSURANCE COMPANYS NEVER GO OUT OF BUSINESS.

[zak98]

rider on my home owners. required appraisals, and then $7/$1000 appraised value. also got a break since i have a safe that the watches go into and out of.

[JF23]

I just started a policy today with http://www.jewelersmutual.com/

~165/year for my PAM111 & Sub with a $25 dollar deductible. The difference between a $500 deductible & $25 deductible was only about ten bucks more per year.

Not bad for piece of mind!

[n9zez]

+2 for Jewlers Mutual.

I have my watches insured through them and in Indiana it's only $1 per $100 insured with $0 deductible.