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27 July 2019, 10:12 PM
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#1 |
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Banned
Join Date: May 2018
Real Name: Jonathan
Location: USA
Watch: P-01
Posts: 11,772
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What happens with watch insurance when the prices of watches fall?
Just curious. I don’t know how it works.
So if you buy insurance it’s a premium for a specific value. But if the market price falls, do you adjust it down? |
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27 July 2019, 10:15 PM
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#2 |
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"TRF" Member
Join Date: Aug 2011
Real Name: Josh
Location: Lost in time
Watch: Me Nae Nae
Posts: 9,823
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Yes. Just adjust down. Shouldn’t be a problem at all as they will insure up to the appraised value but you can choose to do less.
__________________
"Sometimes the songs that we hear are just songs of our own." -Jerome J. Garcia, Robert C. Hunter 
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27 July 2019, 10:22 PM
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#3 |
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Banned
Join Date: May 2018
Real Name: Jonathan
Location: USA
Watch: P-01
Posts: 11,772
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Thanks man
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28 July 2019, 12:39 AM
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#4 |
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"TRF" Member
Join Date: Oct 2015
Location: U.K.
Posts: 469
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Do you know something we don’t?
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28 July 2019, 02:01 AM
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#5 | |
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"TRF" Member
Join Date: May 2015
Location: Northern Ontario
Watch: 19018N OQ
Posts: 848
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Quote:
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28 July 2019, 02:07 AM
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#6 | |
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2024 SubLV41 Pledge Member
Join Date: Nov 2007
Location: San Francisco, CA
Watch: Date & No Date
Posts: 10,868
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Quote:
 I was just thinking the same thing!!
__________________
"You might as well question why we breathe. If we stop breathing, we'll die. If we stop fighting our enemies, the world will die." Paul Henreid as Victor Laszlo in Casablanca |
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28 July 2019, 03:21 AM
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#7 | |
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"TRF" Member
Join Date: Feb 2013
Real Name: Flavio
Location: N/A
Posts: 14,654
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Quote:
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