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20 November 2008, 09:11 AM | #1 |
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Stinking Jeweler's Mutual refused to cover my Rolex
Well guys,
I submitted my application to Jeweler's Mutual and they said they will not insure my Rolex while in Kuwait. What a shame! I don't have many other options except to leave it at home for a year or to sell it or take my chances. I know I could insure it via my home owner's policy, but there are many risks associated with that choice. (lose your Rolex and your whole policy premium goes up in price for many years!!!!). I am in a quandary as to what to do. Any suggestions would be appreciated.
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Rolex Yacht-Master 40mm (SS-YG / Deep Space MOP) 16623 Breitling Aerospace Titanium / 18K with UTC. Omega Speedmaster 3510.50 Oris TT1 Pro Diver Regulator 43MM |
20 November 2008, 09:14 AM | #2 |
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Just take it with you. It'll be safe, it's not like you're going to battle.
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20 November 2008, 09:15 AM | #3 |
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can it be covered under your "travel insurance" or some sort of cover from your work policy?
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20 November 2008, 09:19 AM | #4 |
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Can you call you insurance agent and ask if they have any options?
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20 November 2008, 09:21 AM | #5 |
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A safe deposit Box is about $80 a year Richard, not a bad option.
~Scott
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20 November 2008, 09:22 AM | #6 |
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Just take it with you. Enjoy a nice Platty in the Mideast.
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20 November 2008, 09:44 AM | #7 |
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travel insurance covers belongings, you may have to extend the cover for a rolex though.
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20 November 2008, 09:48 AM | #8 |
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Richard just carry a different watch...im sure you have one!!
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20 November 2008, 09:58 AM | #9 |
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My US Bank safe deposit box is 35 bucks/year
However, I'd just wear it...it could provide you some major bargaining leverage if the need arises........... |
20 November 2008, 10:11 AM | #10 |
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Have you tried State Farm Insurance. I have a personal article policy on my fiances ring. It is like $100-$150 for a year. No deductible, and it doesn't matter where you are if/when you loose or damage your item.
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20 November 2008, 10:13 AM | #11 |
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richard, as a fellow forum member i dont mind looking after it for...umm... err... say $20? cheaper than some stinky old deposit box! what say you? lol
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20 November 2008, 10:32 AM | #12 |
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just wear the darn watch!!
thats what you got it for right?? I wear mine evrywhere,warzones included! good luck though..lol |
20 November 2008, 10:36 AM | #13 |
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Richard, try another insurance agent....I'm sure one will cover you
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20 November 2008, 10:36 AM | #14 |
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Just take it with you. It's not like you're taking a newborn to Iraq.
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20 November 2008, 10:37 AM | #15 | |
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Quote:
Thanks!
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Rolex Yacht-Master 40mm (SS-YG / Deep Space MOP) 16623 Breitling Aerospace Titanium / 18K with UTC. Omega Speedmaster 3510.50 Oris TT1 Pro Diver Regulator 43MM |
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20 November 2008, 10:38 AM | #16 |
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Hehehehehehe!!! Crap!
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20 November 2008, 10:39 AM | #17 |
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I'm disappointed that Platty wont be going with you.
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20 November 2008, 10:41 AM | #18 |
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But I don't have a Platty. I have this one.
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20 November 2008, 12:17 PM | #19 |
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Really? I got quoted from them and asked the agent repeatedly, This will be covered all over the world correct? In ANY country I travel to, and they told me yes it was covered.
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20 November 2008, 12:26 PM | #20 |
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Some of the these watches sure do lead a pampered life. :) I find that fact that you wont leave the country without insurance on your Rolex...a little bit funny. :) Put the darn thing on your wrist, and enjoy yourself. You have more of a chance of getting robbed in any major USA metro city, vs Kuwait City. I used to live in Kuwait...VERY safe. :)
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20 November 2008, 12:36 PM | #21 |
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Keep the box and papers at home and take the watch with you in a slim travel case !
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20 November 2008, 12:52 PM | #22 |
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Are you at all associated with the US Govt, or the military? If so, give USAA a call. You might also look into a rider on your home owners, specifically for jewelry and watches. If you use the rider when/if you lose the watch, I think the rider only goes up, not your entire policy (only speculating here, as I don't really know for sure).
Good luck.
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20 November 2008, 01:30 PM | #23 |
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The probability of theft is low, wear the watch and get the rider on your home owner's. Your watch isn't meant to sit in your safe/
J
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20 November 2008, 04:09 PM | #24 |
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Sounds prudent to me. In the meantime, buy a "Kuwait" watch.
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20 November 2008, 05:18 PM | #25 |
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insured with your homeowners and bring it with you unless you have another one which will satisfy you and you can live a year without your Rolex. It'll be hard for me.
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20 November 2008, 09:04 PM | #26 |
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Thanks for all the advice guys.
If I can't insure it while living in Kuwait, it will go in the safe deposit box. Still trying.
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20 November 2008, 09:15 PM | #27 |
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Cannot understand all the fuss. You are going to one of the wealthiest & safest places on earth.
Wear it and enjoy your time there.
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20 November 2008, 09:47 PM | #28 |
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Could not agree more they have quite a good deterant for any thieves over there.Was there for several weeks early 2000 felt a lot safer there than walking around large towns even in Wales late at night.And I am sure you could get insurance to cover your watches world wide mine did.I lost SD in the Red Sea it was replaced full retail price by my all risks diving insurance.
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20 November 2008, 11:01 PM | #29 |
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20 November 2008, 11:57 PM | #30 | |
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Quote:
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