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jcourant · 20 September 2011, 04:30 AM

Hello TRF,

Sorry if this has been asked before, but I'm curious how many of you carry an insurance policy rider on your watches? I currently do and am considering stopping since it is quite expensive each year. I know its all about the odds and you can spin it either way, so I'd love your feedback. Thank you!!

jay_man2 · 20 September 2011, 04:34 AM

I have my collection insured with a jewelry rider.

eric23 · 20 September 2011, 04:34 AM

I do, on all of my watches and toys over 2K! I pay less then $300 a year for over 25K of extra stuff on my home policy.

WyoWatch · 20 September 2011, 04:37 AM

A personal articles policy through my insurance company costs me around $100 a year for all my watches. This includes no deductible and full retail value replacement.

cjnesher · 20 September 2011, 05:41 AM

I add them to my homeowners, costs me a few hundred a year.

desmo996 · 20 September 2011, 05:48 AM

Use Jewelers Mutual

Dan Pierce · 20 September 2011, 05:54 AM

Jewelers Mutual.
dP

Annan · 20 September 2011, 06:00 AM

Yes...I have a Valuable Personal Property rider for mine and my wife's Rolex through my homeowners insurance. Total cost is about $180/year and covers full replacement (MSRP at time of purchase) for theft and loss. I've never been real concerned about loss but am concerned about theft (mugging), especially as I get older and slower.

kcmo · 20 September 2011, 06:59 AM

Yes, do it! We have our watches insured and when one was stolen I had to make a claim...totally worth the peace of mind!

dddrees · 20 September 2011, 07:02 AM

Yes I do.

jrssv · 20 September 2011, 07:14 AM

Yes. I'd rather pay a few bucks than worry.

Grumpy Badger · 20 September 2011, 07:42 AM

Nope.

I don't like betting against myself. The only way to "win" with insurance is to lose...

I don't insure anything that I'm not legally obliged to.

jcourant · 20 September 2011, 07:42 AM

Ok, I'm convinced to keep my coverage, thank you! Mine is a few hundred a year as well and was just starting to do the math on cost, but Annan is right, anyone can get mugged or have a theft occur. Thanks to all who chimed in!

salo75 · 20 September 2011, 07:44 AM

Jewelers Mutual

Watch Professor · 20 September 2011, 08:00 AM

Jeweler's Mutual

never2late · 20 September 2011, 08:06 AM

Quote:

Originally Posted by Dan Pierce

Jewelers Mutual.
dP

RolexPete · 20 September 2011, 08:20 AM

Jewelers Mutual also.

gwalker · 20 September 2011, 08:23 AM

I use Jewelers Mutual.

NBB · 20 September 2011, 08:28 AM

Quote:

Originally Posted by Grumpy Badger

Nope.

I don't like betting against myself. The only way to "win" with insurance is to lose...

I don't insure anything that I'm not legally obliged to.

Wow is all I can say

Grumpy Badger · 20 September 2011, 08:45 AM

Quote:

Originally Posted by NBB

Wow is all I can say

¿Por Que?

I'm clearly in the overwhelming minority but I'm surprised my attitude is so unusual.

I really am interested as to why your reaction would be "wow"!

Vetteman · 20 September 2011, 08:52 AM

Quote:

Originally Posted by desmo996

Use Jewelers Mutual

I did their online quote and it was $7 more per year than a rider on my homeowners policy

LightOnAHill · 20 September 2011, 08:54 AM

Yes.

Jinder · 20 September 2011, 10:05 AM

Yes I do, 100% coverage! Priced at $70 year

Danand · 20 September 2011, 10:10 AM

Ive insured it so I never have to put my personal safety at risk for the cost of a watch, not to mention possible spring bar failures, etc. Peace of mind.
I used a personal articles policy so as not to have a claim affect my home insurance.
Cost wise it is proportional to my boat insurance dollar for dollar.
Cheers!

Art 1 · 20 September 2011, 10:13 AM

Yes.

Dr. Robert · 20 September 2011, 10:14 AM

insured by Messrs. Smith & Wesson.

Danand · 20 September 2011, 10:18 AM

Quote:

Originally Posted by Grumpy Badger

Nope.

I don't like betting against myself. The only way to "win" with insurance is to lose...

I don't insure anything that I'm not legally obliged to.

I fully understand your thinking. But In my case I look at it in terms of if I have a total loss how will I feel. If I lost my watch I would not HAVE to replace it (I have plenty of other non-rolex watches) but I would WANT to replace it and the cost is pretty steep. So the amount I pay in premiums is very low in comparison. It would take me about 50 years in premiums to pay off a new watch assuming the (discounted) price I paid, yet the coverage is for replacement value and therefore the cost of the watch will go up over time.

Runnin' Rebel · 20 September 2011, 02:12 PM

Yes..USAA

blackmsport · 20 September 2011, 03:01 PM

currently NO

But I am gettting them valued so I can get a extra insurance cover

pacifichrono · 20 September 2011, 04:14 PM

Yes, I only just thought of it last year. Hopefully I'll never need it.

20 September 2011, 04:30 AM	#1
jcourant "TRF" Member Join Date: Aug 2011 Real Name: Jay Location: Mill Valley, CA Posts: 130	Do you carry insurance for your watches? Hello TRF, Sorry if this has been asked before, but I'm curious how many of you carry an insurance policy rider on your watches? I currently do and am considering stopping since it is quite expensive each year. I know its all about the odds and you can spin it either way, so I'd love your feedback. Thank you!!

20 September 2011, 05:41 AM	#5
cjnesher "TRF" Member Join Date: Nov 2010 Real Name: Chris Location: Clearwater, FL Watch: 1675 Posts: 343	I add them to my homeowners, costs me a few hundred a year. __________________ "Alright, Alright, Alright"

20 September 2011, 07:02 AM	#10
dddrees "TRF" Member Join Date: May 2010 Real Name: Dan Location: USA Watch: This N That Posts: 34,258	Yes I do. __________________ When it captures your imagination, that's when you know you have found your passion. Loyal Foot Soldier of The Nylon Nation. Card Carrying Member of the Global Association of Retro-Grouch-Curmudgeons

20 September 2011, 07:42 AM	#12
Grumpy Badger "TRF" Member Join Date: Mar 2011 Real Name: Mark Location: Bonny Scotland Watch: 14060M Sub (cosc) Posts: 5,280	Nope. I don't like betting against myself. The only way to "win" with insurance is to lose... I don't insure anything that I'm not legally obliged to. __________________ Don't mind me. I'm full of scotch, bitterness and impure thoughts! "You have enemies? Good! That means you stood up for something, sometime in your life." Sir Winston Leonard Spencer-Churchill KG, OM, CH, TD, PC, DL, FRS.

20 September 2011, 08:00 AM	#15
Watch Professor "TRF" Member Join Date: Oct 2009 Real Name: Myron Location: New York Watch: GMT IIC; Sub Date Posts: 3,166	Jeweler's Mutual __________________

20 September 2011, 04:34 AM	#2
jay_man2 "TRF" Member Join Date: May 2011 Real Name: Jay Location: Northern Virginia Watch: Rolex Posts: 2,490	I have my collection insured with a jewelry rider.

20 September 2011, 04:34 AM	#3
eric23 "TRF" Member Join Date: Apr 2008 Real Name: Eric Location: Calgary Posts: 9,595	I do, on all of my watches and toys over 2K! I pay less then $300 a year for over 25K of extra stuff on my home policy.

20 September 2011, 04:37 AM	#4
WyoWatch "TRF" Member Join Date: Oct 2009 Real Name: Chad Location: USA Watch: 1675 GMT and Sub C Posts: 1,443	A personal articles policy through my insurance company costs me around $100 a year for all my watches. This includes no deductible and full retail value replacement.

20 September 2011, 05:48 AM	#6
desmo996 "TRF" Member Join Date: Jun 2011 Location: United States Watch: 116618LN Posts: 144	Use Jewelers Mutual

20 September 2011, 05:54 AM	#7
Dan Pierce "TRF" Member Join Date: Dec 2006 Real Name: D'OH! Location: Kentucky Watch: Rolex-1 Tudor-3 Posts: 36,346	Jewelers Mutual. dP

20 September 2011, 06:00 AM	#8
Annan "TRF" Member Join Date: Jun 2011 Real Name: Ron Location: Arizona, USA Watch: 116233 Posts: 3,180	Yes...I have a Valuable Personal Property rider for mine and my wife's Rolex through my homeowners insurance. Total cost is about $180/year and covers full replacement (MSRP at time of purchase) for theft and loss. I've never been real concerned about loss but am concerned about theft (mugging), especially as I get older and slower.

20 September 2011, 06:59 AM	#9
kcmo "TRF" Member Join Date: Jan 2007 Real Name: Karis Location: USA Posts: 19,377	Yes, do it! We have our watches insured and when one was stolen I had to make a claim...totally worth the peace of mind!

20 September 2011, 07:14 AM	#11
jrssv Member Join Date: Oct 2009 Location: Arizona Posts: 386	Yes. I'd rather pay a few bucks than worry.

20 September 2011, 07:44 AM	#14
salo75 "TRF" Member Join Date: Jun 2011 Location: US Posts: 233	Jewelers Mutual

20 September 2011, 08:20 AM	#17
RolexPete "TRF" Member Join Date: Dec 2009 Real Name: Peter Location: Massachusetts Watch: 214270 Mk2 Posts: 1,963	Jewelers Mutual also. __________________ 2016 Explorer 214270 Mk2 - 1996 Submariner 14060* - 1972 Datejust 1601 1972 Oyster Perpetual 1002 - 1978 Oysterquartz 17000 Omega Seamaster 2265.80 - Omega Seamaster 300 166.0324 *RIP PAL 1942-2015

20 September 2011, 08:23 AM	#18
gwalker "TRF" Member Join Date: Jul 2011 Real Name: Gunter Location: AL/NJ Watch: DSSD; 116610LN Posts: 5,509	I use Jewelers Mutual.

20 September 2011, 08:54 AM	#22
LightOnAHill "TRF" Member Join Date: Mar 2011 Real Name: Bryan Location: Pacific Northwest Watch: YG DD lchdp Posts: 2,963	Yes.

20 September 2011, 10:05 AM	#23
Jinder Banned Join Date: Sep 2010 Real Name: Jinder Location: Ontario Watch: 116713 Posts: 601	Yes I do, 100% coverage! Priced at $70 year

20 September 2011, 10:10 AM	#24
Danand "TRF" Member Join Date: Aug 2010 Real Name: Jonathan Location: Ottawa Watch: 116610LN Posts: 1,246	Ive insured it so I never have to put my personal safety at risk for the cost of a watch, not to mention possible spring bar failures, etc. Peace of mind. I used a personal articles policy so as not to have a claim affect my home insurance. Cost wise it is proportional to my boat insurance dollar for dollar. Cheers!

20 September 2011, 10:13 AM	#25
Art 1 Banned Join Date: Feb 2008 Location: Florida, Canada Watch: Rol/Seik/Tud/Omega Posts: 30,244	Yes.

20 September 2011, 10:14 AM	#26
Dr. Robert "TRF" Member Join Date: Dec 2009 Real Name: Bob Location: U.S.A. Watch: 1655 Posts: 65,685	insured by Messrs. Smith & Wesson. __________________ Founder & Card Carrying Member of the Global Association of Retro-Grouch-Curmudgeons

20 September 2011, 02:12 PM	#28
Runnin' Rebel "TRF" Member Join Date: Jan 2010 Real Name: Mark Location: 🤔 Posts: 8,424	Yes..USAA __________________ ♛

20 September 2011, 03:01 PM	#29
blackmsport Banned Join Date: May 2009 Location: Melb - Australia Posts: 2,959	currently NO But I am gettting them valued so I can get a extra insurance cover

20 September 2011, 04:14 PM	#30
pacifichrono "TRF" Member Join Date: Aug 2011 Real Name: Tom Location: San Diego Watch: 1968 GMT 1675 Posts: 1,059	Yes, I only just thought of it last year. Hopefully I'll never need it. __________________ Regards from Sunny San Diego..........Tom

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