UK Insurance

[Rallyboat]

Where do you insure your watches is it through your house or do you have just one for your watches, if so who do you use. Many thanks

[SeaDweller50]

Mine is insured through normal house contents insurance, they will add it to your policy and send you new paperwork. I pay an extra few pounds a month for it.

[jay1988]

Whatever you do check the policy properly.

A lot of places will add it to the home owner policy for theft out of the home only. You have to cover it out of the home and I would advise trying to get it covered for accidental loss or damage as well. Small price to pay for peace of mind.

[winston]

TH MARCH insurance brokers first class service very competitive too.

[crs12]

Added mine onto my home policy.

Cost £40 a year for full replace value of £4200 and they index link this so valuation goes up each year in line with inflation/price rises.

[DiamondJack]

You wil generally find you can insure quite a few on an all risks basis through your home insurance.

I use Aviva and they allow me up to £25k of watches through the home policy.

I do the rest through TH March.... But its a fair bit more expensive.

[crs12]

Originally Posted by DiamondJack

You wil generally find you can insure quite a few on an all risks basis through your home insurance.

I use Aviva and they allow me up to £25k of watches through the home policy.

I do the rest through TH March.... But its a fair bit more expensive.

Hiscox do similar but charge an extortionate amount to begin with.

I came across them when Googling Watch Insurance and thought great as they say

"Individual items worth up to 15k each are included at no extra cost"

Did a quick quote on a like for like basis and they wanted

£1400 a year for a new policy (am guessing it was lower than renewal as an incentive)

We currently pay £400 a year for the same thing with extra high value items added via More Than/RSA.

[iain.cx]

TH March look interesting. What kind of valuation do they require and what value are you declaring for discontinued models?

Both my watches, GMT II 40mm and Explorer I 36mm, are discontinued so I'd prefer to insure for the cost of the equivalent new models rather than what I actually paid (less than £3k each).

I've just this week removed both pieces from my home insurance policy because the insurer required a valuation and I couldn't find anyone who would a) provide me with a valuation and b) wouldn't take the watches away for a month to do it. So I figured I am paying for a service I can't use and thus wasting my money.

[winston]

I have a few discontinued models, if I lost one through theft etc I would want to replace with a used example not the new model equivalent, most quality independent Jewellers should value each piece for around £40 each, maybe less or even zero if they know you well.... Mine does. My 16600 is covered for £8k because they are rising in price from reputable dealers all the time. Amanda Epps at TH MARCH will sort you out 01822 855555.