Quote:
Originally Posted by vinny84
Alright, quick question. Everyone that has Hodinkee insurance. Did you put down the actual secondary market value of your watches or a little bit less?
If they pay up to 150% of the value you put down for agreed value, that means I shouldn’t put down the secondary value of my watches on the high side? Or maybe my thinking is wrong?
My quote was $671/year for $50,700 worth of coverage. Which is not bad at all I feel considering this will be way better than my current State Farm policy
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I take the average price I see on trusted secondary dealer websites and set the watch value to that. I review every 6 months and am comfortable the 150% provision will handle any market price changes.
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