40 Discussions and CommentsMember since Nov. 27, 2012
United States
I was curious if folks here insure their watches against damage or theft? Most homeowners policies would not cover either unless they had an additional policy.
2,905 Discussions and CommentsMember since Nov. 14, 2008Taylor, TX,
United States
Mark1958 Wrote:I was curious if folks here insure their watches against damage or theft? Most homeowners policies would not cover either unless they had an additional policy.
I do maintain an addendum policy to my homeowner's coverage that insures my watches against theft.
Best regards, Jim
"We are the other people, we are the other people...you're the other people too!" Frank Zappa
I think it's absolutely essential. Some policies will also cover in the case of loss outside the home (mugging, for example). It's inexpensive peace of mind.
5,019 Discussions and CommentsMember since May 29, 2003Sarasota, FL,
United States
Yes, I insure all of my watches. And if you do make sure you check the value of each piece every year. Insurance companies generally add to the insured value based on inflation. I set the value according to market value.
5,417 Discussions and CommentsMember since Dec. 22, 2006
Frank_E Wrote:I also insure all our watches. They are individually listed on our policy. Whenever I buy a new watch I add it. If I sell a watch, I have it deleted.
1,870 Discussions and CommentsMember since Oct. 28, 2002
I have a picture of my mother in law next to my watch box, "beware..." But since you do not have a mother in law like mine, insurance is indeed the next best thing.
5,025 Discussions and CommentsMember since Aug. 9, 2006
Tonny B Wrote:I have a picture of my mother in law next to my watch box, "beware..." But since you do not have a mother in law like mine, insurance is indeed the next best thing.
This wins the Joke of the Year Award and the year is only three days old.
1,908 Discussions and CommentsMember since Aug. 4, 2001
Tonny B Wrote:I have a picture of my mother in law next to my watch box, "beware..." But since you do not have a mother in law like mine, insurance is indeed the next best thing.
Hi Tonny You must have married my wife's younger sister. :-)
58 Discussions and CommentsMember since Jan. 9, 2007Washington, DC,
United States
We recently got robbed and I had two of my IWC watches stolen. Because my wife had had a "mysterious loss" within the last 3 years, we would not have been able to get an insurance addendum until Feb 2013. As a result, we are only able to get back $1500 for a loss obviously well above that number. Because the value of these watches goes up significantly every year, any investment you make in insurance is well worth it and will be easily recovered. Just my two cents.
Last edited: 13 January, 2013 - 19:17
I do maintain an addendum policy to my homeowner's coverage that insures my watches against theft.
Best regards,
Jim
"We are the other people, we are the other people...you're the other people too!"
Frank Zappa
Best regards,
David
Last edited: 8 January, 2013 - 17:49
Same for me.
Andrew
andrew.thomas1@mac.com
Last edited: 13 January, 2013 - 19:17
But since you do not have a mother in law like mine, insurance is indeed the next best thing.
tonny.berteloot@pandora.be
This wins the Joke of the Year Award and the year is only three days old.
Bill
Hi Tonny
You must have married my wife's younger sister. :-)
clepsydra
ad fontes...
Last edited: 3 January, 2013 - 12:50
WD