The Rolex Forums   The Rolex Watch

ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX


Go Back   Rolex Forums - Rolex Forum > Rolex & Tudor Watch Topics > Rolex General Discussion

Reply
 
Thread Tools Display Modes
Old 11 February 2014, 03:04 AM   #1
116618wannabee
"TRF" Member
 
116618wannabee's Avatar
 
Join Date: Jan 2014
Location: NYC
Watch: Your parking meter
Posts: 74
Off premises theft insurance rider .. $30 per $1000 sound right?

Just took delivery on my 116618, a wedding present from my wife.

I want to wear it daily and not keep it locked up like Rapunzel in a s.d. box.

My agent said it would cost $30 per thousand dollars value for full replacement. Does that sound about right?
116618wannabee is offline   Reply With Quote
Old 11 February 2014, 03:27 AM   #2
Keith1
"TRF" Member
 
Keith1's Avatar
 
Join Date: Jun 2013
Location: San Diego
Watch: Sub-C blue, DSSD
Posts: 2,482
Seem way to high. Go online to Jewelers Mutual Insurance, and you can get a quote within one minute. Congratulations on both, and welcome!

http://www.perfectcircleinsurance.com/
Keith1 is offline   Reply With Quote
Old 11 February 2014, 03:49 AM   #3
cop414
TRF Moderator & 2024 SubLV41 Patron
 
cop414's Avatar
 
Join Date: Apr 2012
Real Name: Tim
Location: Pennsylvania
Watch: 14060M
Posts: 72,134
Agree, my insurance on my Sub is less than $100.00 per year, appraised value is $7,500.00. This covers theft as well as damage. I'd ck with JM online.
__________________

Rolex Submariner 14060M
Omega Seamaster 2254.50
DOXA Professional 1200T

Card carrying member of TRF's Global Association of Retro-Grouch-Curmudgeons
TRF's "After Dark" Bar & NightClub Patron
P Club Member #17
2 FA ENABLED
cop414 is offline   Reply With Quote
Old 11 February 2014, 03:53 AM   #4
ec51
Banned
 
Join Date: Apr 2011
Real Name: Eric
Location: NY
Watch: 14060M
Posts: 1,642
To the OP, is this your homeowner's?

Quote:
Originally Posted by cop414 View Post
Agree, my insurance on my Sub is less than $100.00 per year, appraised value is $7,500.00. This covers theft as well as damage. I'd ck with JM online.
Appraised value on the 14060M is $7,500?
ec51 is offline   Reply With Quote
Old 11 February 2014, 03:57 AM   #5
116618wannabee
"TRF" Member
 
116618wannabee's Avatar
 
Join Date: Jan 2014
Location: NYC
Watch: Your parking meter
Posts: 74
Wow ... you just saved me $400. Thanks!
116618wannabee is offline   Reply With Quote
Old 11 February 2014, 03:58 AM   #6
116618wannabee
"TRF" Member
 
116618wannabee's Avatar
 
Join Date: Jan 2014
Location: NYC
Watch: Your parking meter
Posts: 74
Quote:
Originally Posted by ec51 View Post
To the OP, is this your homeowner's


Appraised value on the 14060M is $7,500?
Yes .. it was to ad a rider that bin clues off premise theft
116618wannabee is offline   Reply With Quote
Old 11 February 2014, 04:01 AM   #7
beshannon
"TRF" Member
 
beshannon's Avatar
 
Join Date: Jun 2009
Real Name: Brian
Location: Northern Virginia
Watch: One of Not Many
Posts: 17,892
Impossible to say as insurance is based on too may things.

Deductible, credit score, location . . .
__________________
IWC Portugieser 7 Day, Omega Seamaster SMP300m, Vacheron Constantin Traditionnelle Complete Calendar, Glashutte PanoInverse, Glashutte SeaQ Panorama Date, Omega Aqua Terra 150, Omega CK 859, Omega Speedmaster 3861 Moonwatch, Breitling Superocean Steelfish, JLC Atmos Transparent Clock
beshannon is online now   Reply With Quote
Old 11 February 2014, 04:16 AM   #8
Keith1
"TRF" Member
 
Keith1's Avatar
 
Join Date: Jun 2013
Location: San Diego
Watch: Sub-C blue, DSSD
Posts: 2,482
Quote:
Originally Posted by ec51 View Post



Appraised value on the 14060M is $7,500?
Replacement value for a new Rolex.
Keith1 is offline   Reply With Quote
Old 11 February 2014, 04:19 AM   #9
Keith1
"TRF" Member
 
Keith1's Avatar
 
Join Date: Jun 2013
Location: San Diego
Watch: Sub-C blue, DSSD
Posts: 2,482
Quote:
Originally Posted by 116618wannabee View Post
Wow ... you just saved me $400. Thanks!
Glad to help you. That's what we are here for!

You now need to change your name from 116618wannabee to 116618gotsmeone.
Keith1 is offline   Reply With Quote
Old 11 February 2014, 04:24 AM   #10
116618wannabee
"TRF" Member
 
116618wannabee's Avatar
 
Join Date: Jan 2014
Location: NYC
Watch: Your parking meter
Posts: 74
Quote:
Originally Posted by Keith1 View Post
Glad to help you. That's what we are here for!

You now need to change your name from 116618wannabee to 116618gotsmeone.
I had a nice pic to post but wifee said to take a new pic that doesn't reveal the serial number.

I don't know her rationale but she is usually right?
116618wannabee is offline   Reply With Quote
Old 11 February 2014, 04:35 AM   #11
wantonebad
2024 SubLV41 Pledge Member
 
wantonebad's Avatar
 
Join Date: Nov 2007
Location: USA
Watch: 126600, 116500LN
Posts: 12,849
I use Jewelers Mutual for my wife's jewelry and all of my watches. I don't want my home owners insurance to be affected if I need to make a claim.

If my wife looses a stone or I drop my sub in the Marianas Trench, they could cancel my coverage or shoot my premiums to the sky. I prefer to have them separate!
__________________
"I'm kind of a big deal...
on a fairly irrelevant social media site
that falsely inflates my fragile ego"
wantonebad is offline   Reply With Quote
Old 11 February 2014, 04:35 AM   #12
WyoWatch
"TRF" Member
 
WyoWatch's Avatar
 
Join Date: Oct 2009
Real Name: Chad
Location: USA
Watch: 1675 GMT and Sub C
Posts: 1,443
Yeah that sounds too high. I recently switched insurance companies and my watch policy is $9 per $1000 per year.
WyoWatch is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

Asset Appeal

Wrist Aficionado

DavidSW Watches

Takuya Watches

My Watch LLC

OCWatches


*Banners Of The Month*
This space is provided to horological resources.





Copyright ©2004-2024, The Rolex Forums. All Rights Reserved.

ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX

Rolex is a registered trademark of ROLEX USA. The Rolex Forums is not affiliated with ROLEX USA in any way.