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Berserker · 3 September 2011, 01:47 AM

Just curious, How many of you specifically let your insurance company know the make, model and value of your time piece collection? As this is my first watch that's over $2k, I am of the opinion that I should just wear it versus calling the insurance company any getting it specifically added to the policy.

After all, I haven't left the house without it yet.

wantonebad · 3 September 2011, 01:49 AM

I do not have any of my watches associated to my homeowners policy. My watches and my wife's jewelery are all insured by Jewelers Mutual.

dcash0615 · 3 September 2011, 01:59 AM

I have insured all my pieces, but it is up to the individual if they want to. It is nice to know they are covered if something were to happen. The premium is not that much.

Remember, you can lose the watch after you have left the house with it. It could get stolen or fall off and lost. Probably not likely, but who knows. If you think the risk is not worth the added cost of insuring your watch than don't worry about it. Just wear and enjoy.

Quote:

Originally Posted by Berserker

Just curious, How many of you specifically let your insurance company know the make, model and value of your time piece collection? As this is my first watch that's over $2k, I am of the opinion that I should just wear it versus calling the insurance company any getting it specifically added to the policy.

After all, I haven't left the house without it yet.

SteKos · 3 September 2011, 02:01 AM

I have the watch info including SN on file with my home insurance carrier. If it's stolen, I'm covered.

HDHNTER · 3 September 2011, 02:03 AM

Quote:

Originally Posted by wantonebad

I do not have any of my watches associated to my homeowners policy. My watches and my wife's jewelery are all insured by Jewelers Mutual.

Same for me

matt4hand · 3 September 2011, 02:06 AM

Mine are all insured as well as my wife's jewelery. We have a separate policy with our insurance company. We pay like $200 a year and it covers over $40,000 for theft or any loss.

It's not very expensive and well worth it to me for piece of mind.

Do a search as there are a TON of posts on the same subject

Matt

never2late · 3 September 2011, 02:12 AM

Quote:

Originally Posted by wantonebad

I do not have any of my watches associated to my homeowners policy. My watches and my wife's jewelery are all insured by Jewelers Mutual.

scarab007 · 3 September 2011, 02:16 AM

I have insurance on all of my watches and I provided them the model and serial number along with the receipt at time of purchase. This is for replacement if I have to file a claim for them.

salo75 · 3 September 2011, 04:30 AM

Quote:

Originally Posted by wantonebad

I do not have any of my watches associated to my homeowners policy. My watches and my wife's jewelery are all insured by Jewelers Mutual.

Best way to insure.

mrbill2mrbill2 · 3 September 2011, 05:18 AM

Make sure your policy covers damage. Tile floors and a dropped Rolex almost always means a shattered crystal.

Eliza · 3 September 2011, 07:47 AM

I, too, use Jewelers Mutual. I like having the coverage at a reasonable premium.

NBB · 3 September 2011, 08:47 AM

Whether you have insurance or contemplating insurance make sure you get coverage for all perils and re-evaluate the policy from time to time so that your replacement coverage is good enough for the ever increasing high end watch and jewellry market.

Jinder · 3 September 2011, 10:30 AM

My wife set up my future 116713 with HB insurance here in Canada. It is 100% covered for anything, damage, lost or stolen. Came to $120 a year.

Yoda · 3 September 2011, 10:34 AM

I pay over £2k a year to insure my watches. Most household insurance policy's won't touch them.

Andad · 3 September 2011, 10:39 AM

I gave my Insurance Company a list of my watches.
As my wife and I only wear one each at a time they have given us cover to 18k for any two watches that we wear - unspecified.

Jinder · 3 September 2011, 10:52 AM

Quote:

Originally Posted by Yoda

I pay over £2k a year to insure my watches. Most household insurance policy's won't touch them.

£2000 a year for just watches?

Yoda · 3 September 2011, 11:00 AM

Lol. Jinder they are not just watches, they are my watches! I have a safe, alarm usual security measures at home and trust me that is cheap. Most UK insurance policy's have a £20k policy limit on specified single items, anymore the they wont cover. If any members are aware of a cheaper alternative please let me know.

Jinder · 3 September 2011, 11:02 AM

Quote:

Originally Posted by Yoda

Lol. Jinder they are not just watches, they are my watches! I have a safe, alarm usual security measures at home and trust me that is cheap. Most UK insurance policy's have a £20k policy limit on specified single items, anymore the they wont cover. If any members are aware of a cheaper alternative please let me know.

Oh ok! Lol! Thanks for explaining that for me :)
I got worried there ... Haha.
I'll be visiting the UK next month...leeds

Yoda · 3 September 2011, 11:12 AM

Jinder, you will enjoy Leeds very laid back in a nice way. If you happen to come to London let me know?

Kringkily · 3 September 2011, 11:30 AM

2k pounds a year for insurance? crazy...might as well open a safety deposit box at a nearby bank...how much is normal insurance btw...

MortgageGuy · 3 September 2011, 11:38 AM

Quote:

Originally Posted by wantonebad

I do not have any of my watches associated to my homeowners policy. My watches and my wife's jewelery are all insured by Jewelers Mutual.

X2... here too

rodrob59 · 3 September 2011, 11:49 AM

I have mine covered with a Personal Articles Floater, an endorsement to my homeowners policy. Covers damage as well as loss. Most homeowners policies cover jewelry to a certain amount, something like $2000. Couple hundred a year, but of course a thief will take them all. Better safe than sorry.

Jinder · 3 September 2011, 11:58 AM

Quote:

Originally Posted by Yoda

Jinder, you will enjoy Leeds very laid back in a nice way. If you happen to come to London let me know?

Cheers brother! I travel to Leeds every year, I'll be in London as well. I'll drop you a line. Hopefully uncle will allow me the use of his Bentley...highly doubt it but never know! He did last time... I'll drop you a line for sure mate!

oneillba · 3 September 2011, 01:32 PM

I insured mine after almost loosing it while mowing my lawn. I was on my lawn tractor and looked at my watch to check the time. It's bracelet lost a pin and it was caught against my wrist by just the elastic of my hoodie. I've seen things I've mowed overwith the blades running. Mywatchwould have been chopped liver at worst and lost in the grass at best. Now I don't worry!

Jinder · 3 September 2011, 01:37 PM

Quote:

Originally Posted by oneillba

I insured mine after almost loosing it while mowing my lawn. I was on my lawn tractor and looked at my watch to check the time. It's bracelet lost a pin and it was caught against my wrist by just the elastic of my hoodie. I've seen things I've mowed overwith the blades running. Mywatchwould have been chopped liver at worst and lost in the grass at best. Now I don't worry!

Oh my that was close!!!

mjrennie · 3 September 2011, 06:39 PM

I added our 3 Subs to our house policy for about £30 a year, with specific model numbers and exact replacement values, accidental damage cover and applicable anywhere in the world.

It amazes me how much other people are paying. LV (Liverpool Victoria) are a really good insurance company, in my opinion. Hey, LV...lol!

Rigsby1 · 3 September 2011, 06:44 PM

All mine are insured.

3 September 2011, 01:47 AM	#1
Berserker "TRF" Member Join Date: Aug 2011 Real Name: Paul Location: San Diego Watch: Sub-C Posts: 39	Insurance Just curious, How many of you specifically let your insurance company know the make, model and value of your time piece collection? As this is my first watch that's over $2k, I am of the opinion that I should just wear it versus calling the insurance company any getting it specifically added to the policy. After all, I haven't left the house without it yet.

3 September 2011, 01:49 AM	#2
wantonebad 2024 SubLV41 Pledge Member Join Date: Nov 2007 Location: USA Watch: 126600, 116500LN Posts: 12,849	I do not have any of my watches associated to my homeowners policy. My watches and my wife's jewelery are all insured by Jewelers Mutual. __________________ "I'm kind of a big deal... on a fairly irrelevant social media site that falsely inflates my fragile ego"

3 September 2011, 05:18 AM	#10
mrbill2mrbill2 "TRF" Member Join Date: Nov 2010 Real Name: Mr. Bill Location: South Florida Watch: 16610 Posts: 6,148	Make sure your policy covers damage. Tile floors and a dropped Rolex almost always means a shattered crystal. __________________ Card Carrying Member of the Global Association of the Retro-Grouch-Curmudgeons - ID # 13

3 September 2011, 10:39 AM	#15
Andad 2024 SubLV41 Pledge Member Join Date: Nov 2006 Real Name: Eddie Location: Australia Watch: A few. Posts: 37,488	I gave my Insurance Company a list of my watches. As my wife and I only wear one each at a time they have given us cover to 18k for any two watches that we wear - unspecified. __________________ E

3 September 2011, 01:32 PM	#24
oneillba "TRF" Member Join Date: Apr 2008 Real Name: Brian Location: Hamilton, MI USA Watch: My beloved TT DJ Posts: 3,831	I insured mine after almost loosing it while mowing my lawn. I was on my lawn tractor and looked at my watch to check the time. It's bracelet lost a pin and it was caught against my wrist by just the elastic of my hoodie. I've seen things I've mowed overwith the blades running. Mywatchwould have been chopped liver at worst and lost in the grass at best. Now I don't worry! __________________ My Trusty TT DJ

3 September 2011, 02:01 AM	#4
SteKos Member Join Date: Mar 2009 Location: Wisconsin Posts: 150	I have the watch info including SN on file with my home insurance carrier. If it's stolen, I'm covered.

3 September 2011, 02:06 AM	#6
matt4hand Banned Join Date: Jan 2011 Real Name: Matt Location: Atlanta Watch: Tramp Posts: 2,369	Mine are all insured as well as my wife's jewelery. We have a separate policy with our insurance company. We pay like $200 a year and it covers over $40,000 for theft or any loss. It's not very expensive and well worth it to me for piece of mind. Do a search as there are a TON of posts on the same subject Matt

3 September 2011, 02:16 AM	#8
scarab007 "TRF" Member Join Date: Apr 2011 Location: San Fran Watch: SS Daytona Posts: 385	I have insurance on all of my watches and I provided them the model and serial number along with the receipt at time of purchase. This is for replacement if I have to file a claim for them.

3 September 2011, 07:47 AM	#11
Eliza Member Join Date: Jun 2011 Location: USA Posts: 21	I, too, use Jewelers Mutual. I like having the coverage at a reasonable premium.

3 September 2011, 08:47 AM	#12
NBB Member Join Date: Aug 2011 Real Name: Roger Location: UK/USA Posts: 28	Whether you have insurance or contemplating insurance make sure you get coverage for all perils and re-evaluate the policy from time to time so that your replacement coverage is good enough for the ever increasing high end watch and jewellry market.

3 September 2011, 10:30 AM	#13
Jinder Banned Join Date: Sep 2010 Real Name: Jinder Location: Ontario Watch: 116713 Posts: 601	My wife set up my future 116713 with HB insurance here in Canada. It is 100% covered for anything, damage, lost or stolen. Came to $120 a year.

3 September 2011, 10:34 AM	#14
Yoda Member Join Date: Mar 2009 Location: London Watch: PP AP RM Posts: 794	I pay over £2k a year to insure my watches. Most household insurance policy's won't touch them.

3 September 2011, 11:00 AM	#17
Yoda Member Join Date: Mar 2009 Location: London Watch: PP AP RM Posts: 794	Lol. Jinder they are not just watches, they are my watches! I have a safe, alarm usual security measures at home and trust me that is cheap. Most UK insurance policy's have a £20k policy limit on specified single items, anymore the they wont cover. If any members are aware of a cheaper alternative please let me know.

3 September 2011, 11:12 AM	#19
Yoda Member Join Date: Mar 2009 Location: London Watch: PP AP RM Posts: 794	Jinder, you will enjoy Leeds very laid back in a nice way. If you happen to come to London let me know?

3 September 2011, 11:30 AM	#20
Kringkily "TRF" Member Join Date: Aug 2011 Real Name: George Location: New York Watch: Speedmaster, Rolex Posts: 3,082	2k pounds a year for insurance? crazy...might as well open a safety deposit box at a nearby bank...how much is normal insurance btw...

3 September 2011, 11:49 AM	#22
rodrob59 "TRF" Member Join Date: Jun 2011 Real Name: Rod Location: Atlanta, GA Watch: YG DD 18238 Posts: 1,540	I have mine covered with a Personal Articles Floater, an endorsement to my homeowners policy. Covers damage as well as loss. Most homeowners policies cover jewelry to a certain amount, something like $2000. Couple hundred a year, but of course a thief will take them all. Better safe than sorry.

3 September 2011, 06:39 PM	#26
mjrennie Banned Join Date: Aug 2010 Real Name: MJR Location: Midlands, UK Watch: 116618 LB Posts: 878	I added our 3 Subs to our house policy for about £30 a year, with specific model numbers and exact replacement values, accidental damage cover and applicable anywhere in the world. It amazes me how much other people are paying. LV (Liverpool Victoria) are a really good insurance company, in my opinion. Hey, LV...lol!

3 September 2011, 06:44 PM	#27
Rigsby1 Member Join Date: Apr 2010 Real Name: Darren Location: England Posts: 401	All mine are insured.

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