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Old 20 July 2010, 02:34 AM   #1
TheLino
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Insurance?

Do you guys insure your watches? And if so, do you have them appraised?
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Old 20 July 2010, 02:39 AM   #2
jcherskine
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Yes, I have mine insured.
My insurance company advised that I get an appraisal done at a local AD to confirm the authenticity of the Rolex and also to ascertain the value of the watch today, and its replacement value.
Only cost a few $ and well worth it in my opinion.
You may regret not having insurance one day.
Better to be safe than sorry.
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Old 20 July 2010, 02:50 AM   #3
Naples09
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Quote:
Originally Posted by TheLino View Post
Do you guys insure your watches? And if so, do you have them appraised?
My AD gave me an appraisal when I bought the watch. Go back and ask for one.
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Old 20 July 2010, 02:56 AM   #4
colpol
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Few weeks after I bought my SD - I got a letter through from the AD containing a "Valuation Schedule"

Didn't ask for it either so good of them to send on. Just looks like a more formal invoice & gives description which inc's S/N, model & T/S (?)
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Old 20 July 2010, 02:59 AM   #5
z32turbo
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Quote:
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My AD gave me an appraisal when I bought the watch. Go back and ask for one.
X2

To me the insurance was much less expensive than actually replacing the watch. My $.02

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Old 20 July 2010, 03:30 AM   #6
shirtguy
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how much does it cost to insure per thousand?
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Old 20 July 2010, 03:33 AM   #7
Kapture1
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how much does it cost to insure per thousand?
Depends on the company you're with and State you live in, but usally around 10.00 per thousand per year for insurance.
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Old 20 July 2010, 05:16 AM   #8
shirtguy
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im in ny and i was given approx $39 for every 1,000 insured
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Old 20 July 2010, 05:16 AM   #9
Dan Pierce
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Old 20 July 2010, 06:44 AM   #10
dddrees
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I have recieved an appraisal for both of my watches. These were provided to me and I didn't even have to ask for it from the AD who sold them to me. I have insured both of my watches and plan on insuring the third one when I pick it up.
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Old 20 July 2010, 11:36 AM   #11
scl6118
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Yes, it's insured and the AD where I bought it gave me an official appraisal that I provided my insurance agent.
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Old 20 July 2010, 11:43 AM   #12
EE33
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AU$36/$1000, similar to insuring a car
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Old 20 July 2010, 12:02 PM   #13
mitchy
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AU$36/$1000, similar to insuring a car
Good to see someone else from Perth here! Also what insurance company are u with? It only costs me $20 per $1000 per year to take all my watches out of the house and overseas for 30 days :D
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Old 20 July 2010, 12:16 PM   #14
EE33
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Hi Mitch, nice to meet you too I'm with Youi Insurance. Home, contents & 3 cars are insured with them as well. You have an awesome deal, who are you insured with?
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Old 20 July 2010, 12:28 PM   #15
mitchy
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Hello! Nice to meet u to Des,
I'm with my health insurance HBF, I think they did me a deal cause I have health insurance with them too!
Quick question whereabouts do you go Rolex shopping? Smales or Rosendorfs? I think we need more ADs in Perth :D
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Old 20 July 2010, 12:39 PM   #16
EE33
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Might have to get a quote from HBF, although I'm with GMHBA.
Bought my 16613 and my bro's 116613 at Eldorado's in Hong Kong earlier this year. Never even bothered looking at either Smales nor Rosendorfs, doubt they could match the HK prices, but then again I could be wrong.
Still super happy with our purchases and will be for a long time to come
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Old 20 July 2010, 12:49 PM   #17
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Yes, I have all my jewelry and Rolex insured through the company I have my car and homeowner's policy with!!!
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