Are all of you insuring your rolexes

[R.G]

Originally Posted by Grumpy Badger

I take the view that, insured or not, £100 timex or £10,000 Rolex, it's mine, I earned it, and if anyone wants to take it away from me one of us is going to end up in hospital!

Ha ha ha ha...

[novae500]

$260/year for my 3 rolexes and wife's ring

[Annan]

I have one Rolex (new this year) added on my homeowner's insurance, covered for theft and loss at full current retail. Cost is $76/year. Had my previous Rolex for about 10 years before I got around to insuring it. I thought "loss" is what happens to other people and used to tell myself that if anyone thinks they are tough enough to take it from me they deserve to have it. I got over that philosophy as I have grown older, wiser and admittedly, much less tough!

[Dan2010]

Mine is insured by Smith & Wesson. ALL the time.

[hsfrank]

That quote of $600 a year down from a thousand sounds a bit expensive. On a Valuable Personal Property Policy I pay about $6 per $1000 insured.

[Erix]

No insurance, I wear my sub all the time and if something happens to it, then I am likely to have a bigger problem with my arm ...anyway it is just a watch and can be replaced.


Erix

[dysondiver]

perhaps the question is ,,, have you ever claimed on your insurance ???

[jms_w]

I should probably insure mine.

[scarab007]

I go through USAA from my military days. I only pay $60 a year for watches and rings. I had to up my policy from $45 a year when I added the daytona being over 10k, but I think it is worth it. You never know when you will drop it, lose it, wife chucks it out the window or something. No hassle, just make a claim and watch is covered.

[errol0_7]

named and covered on contents policy

[Danand]

I have mine on a personal property insurance, it is about $175 per year. I do believe that jewelry and watches are more expensive to insure in Canada for some reason. I got a few quotes and they were all about the same. ( same with my boat-all four quotes were within $25 for a policy of about $500 per year)

[SaddleSC]

I have used Jeweler's Mutual for 15 years and I have always found their service to be top-notch. I like the idea of keeping my jewelry policy separate from Homeowners, etc.

[Sixxgrand1]

Of course ~ ! Which is one of the reasons my wife and I wore our ROLEX's everywhere in Negril, Jamaica for two months....with no worries Mon..!

[isampark]

Originally Posted by Suzy Cruisy

Jeweler's Mutual covers Canada as well. Did you click the link? I have some earrings covered in a policy there, but did the Rolexes as a personal articles policy with my homeowner's agent. I figure if someone broke into my house, I might have to contact her anyway and having them together seemed logical.

Cheers!

Suzy

Oh, I was too sleepy last night and totally missed your post...

Going through their quote section as I am typing this. Thanks!!

[gmh1013]

Mine are insured by Mr. Samuel L. Colt

[A.J.R.]

Jewelers mutual

Protects/insures inside and outside the home correct?

[threemonkeys]

Relative to the replacement cost of your watches, it doesn't really seem like that much money.

[landroverking]

No insurance for me.

[Passionata]

no

[drefrank]

Generally speaking, in the US, the best choices are either a separate policy with a company like Jewelers, or an endorsement to your Homeowners policy from one of the companies mentioned (or many others) that specifically describes your watch(es) and shows a value. The coverage provided by theses alternate methods is virtually identical. They provide protection against almost everything at 0 deductible. The cost is usually per hundred or thousand of coverage and varies from state to state depending on each company's loss experience with , in this case, watches in each state.
In either situation, if you have a loss, it may impact your future cost (this varies from company to company).
I currently have both my Sub and Daytona as well as my wife's DJ specifically covered via attachment to my Homeowners policy.

[East Bay Rider]

Yes my watches and wife's jewelry is insured.

[mrbill2mrbill2]

Originally Posted by wot_fan

I have mine insured with Jeweler's Mutual so if I have to make a claim my home owners insurance isn't affected.

Here is another thread on insurance you might want to check out.

I think some people are mis-stating what their policy is. When you call your homeowner insurance provider they write a personal article policy which is separate from your homeowners policy. That is what my insurance company, USAA, did.

[kyle L]

Not at the moment, but I'm going to get it done. I have too many watches!

[jay_man2]

I have a vintage TT DJ, Sub C LN, SUB C LV, and TT SUB C LB insured at replacement cost with a $500 deductible, personal article rider on my Homeowner's, and the premium is $223 a year.

[mrbill2mrbill2]

Originally Posted by Dan Pierce

Agreed.



That sounds a bit high. My GMT costs a third of that for $5K coverage.
dP

The rate depends on your location. You're in KY - he's in CA.

[Time2time]

Originally Posted by Barstools

I have mine insured on a personal articles policy, that is completely seperate from my homeowners policy. My wife just dropped it and I have now sent it in to rolex to have repaired, through my insurance company. When I was at the agency discussing the situation, they said it is much better to have on the seperate policy. Homeowners would not have covered the accidental breakage. I think it costs me around $40 a year. Oh, and this claim doesn't go against my homeowners either. I also, have no deductible.

In UK I have mine on Home Insurance and I do have accidental damage along with all the other clauses offered with a seperate one. Cost is minimal as long as I keep them up to date with all the price increases. (7 in last 12 months in UK).

[Zed Homme]

I only insure watches worth more than 10k. My concern is once you make a claim, you'll be blacklisted and I'd never make a claim to replace one of my lower cost pieces. Therefore no need to insure them.

Fwiw, I keep all of mine in a sdb and will only have two or three at the house at any given time...

[davenotize]

my insurance...not too sure if it will really cover me...

[00Seven]

Personal Articles Policy w/ State Farm. Haven't had to use it, thankfully.

[B. Doggy]

Fo sheezy