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TheLino · 20 July 2010, 02:34 AM

Do you guys insure your watches? And if so, do you have them appraised?

jcherskine · 20 July 2010, 02:39 AM

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.

Naples09 · 20 July 2010, 02:50 AM

Quote:

Originally Posted by TheLino

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.

colpol · 20 July 2010, 02:56 AM

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 (?)

z32turbo · 20 July 2010, 02:59 AM

Quote:

Originally Posted by Naples09

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

shirtguy · 20 July 2010, 03:30 AM

how much does it cost to insure per thousand?

Kapture1 · 20 July 2010, 03:33 AM

Quote:

Originally Posted by shirtguy

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.

shirtguy · 20 July 2010, 05:16 AM

im in ny and i was given approx $39 for every 1,000 insured

Dan Pierce · 20 July 2010, 05:16 AM

www.jewelersmutual.com .

dP

dddrees · 20 July 2010, 06:44 AM

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.

scl6118 · 20 July 2010, 11:36 AM

Yes, it's insured and the AD where I bought it gave me an official appraisal that I provided my insurance agent.

EE33 · 20 July 2010, 11:43 AM

AU$36/$1000, similar to insuring a car

mitchy · 20 July 2010, 12:02 PM

Quote:

Originally Posted by EE33

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

EE33 · 20 July 2010, 12:16 PM

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?

mitchy · 20 July 2010, 12:28 PM

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

EE33 · 20 July 2010, 12:39 PM

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

Lion · 20 July 2010, 12:49 PM

Yes, I have all my jewelry and Rolex insured through the company I have my car and homeowner's policy with!!!

20 July 2010, 02:34 AM	#1
TheLino Retired Join Date: Sep 2009 Location: Planet Earth Posts: 196	Insurance? Do you guys insure your watches? And if so, do you have them appraised?

20 July 2010, 05:16 AM	#9
Dan Pierce 2024 Pledge Member Join Date: Dec 2006 Real Name: D'OH! Location: Kentucky Watch: Rolex-1 Tudor-3 Posts: 36,215	www.jewelersmutual.com . dP __________________ TRF Member# 1668 Bass Player in TRF "AFTER DARK" Bar & NightClub Band Commander-in-Chief of The Nylon Nation The Crown & Shield Club Honorary Member of P-Club

20 July 2010, 06:44 AM	#10
dddrees "TRF" Member Join Date: May 2010 Real Name: Dan Location: USA Watch: This N That Posts: 34,253	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. __________________ When it captures your imagination, that's when you know you have found your passion. Loyal Foot Soldier of The Nylon Nation. Card Carrying Member of the Global Association of Retro-Grouch-Curmudgeons

20 July 2010, 11:36 AM	#11
scl6118 "TRF" Member Join Date: Oct 2009 Real Name: Shawn Location: United States Watch: SS GMT IIC Posts: 1,624	Yes, it's insured and the AD where I bought it gave me an official appraisal that I provided my insurance agent. __________________ Current: SS GMT IIC Former: Panerai 114 Former: Breitling Hercules :

20 July 2010, 12:49 PM	#17
Lion "TRF" Member Join Date: Jan 2009 Real Name: Leo Location: Midwest Watch: GMT-II 16710 PEPSI Posts: 21,461	Yes, I have all my jewelry and Rolex insured through the company I have my car and homeowner's policy with!!! __________________ SS GMT-II 16710 PEPSI(Z-serial#) THE ONLY DIFFERENCE BETWEEN MEN AND BOYS IS THE PRICE OF THE TOYS!!! MontBlanc Meisterstuck Doue Silver Barley MontBlanc Meisterstuck Solitaire Doue Signum Proud Card Carrying Member of the Curmudgeons.....Yikes!!!

20 July 2010, 02:39 AM	#2
jcherskine "TRF" Member Join Date: Feb 2010 Real Name: John Location: Scotland Watch: DJII 116300 Posts: 1,970	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.

20 July 2010, 02:56 AM	#4
colpol "TRF" Member Join Date: Jul 2010 Location: Scotland Posts: 2,895	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 (?)

20 July 2010, 03:30 AM	#6
shirtguy "TRF" Member Join Date: Jul 2010 Location: ny Watch: sub-c Date Posts: 1,322	how much does it cost to insure per thousand?

20 July 2010, 11:43 AM	#12
EE33 "TRF" Member Join Date: Feb 2010 Real Name: Des Location: China Watch: 16613 16710 116520 Posts: 2,841	AU$36/$1000, similar to insuring a car

20 July 2010, 12:16 PM	#14
EE33 "TRF" Member Join Date: Feb 2010 Real Name: Des Location: China Watch: 16613 16710 116520 Posts: 2,841	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?

20 July 2010, 12:28 PM	#15
mitchy "TRF" Member Join Date: Apr 2010 Real Name: Mitch Location: . Watch: 116710LN Posts: 2,495	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

20 July 2010, 12:39 PM	#16
EE33 "TRF" Member Join Date: Feb 2010 Real Name: Des Location: China Watch: 16613 16710 116520 Posts: 2,841	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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