BMW i
Forum for the BMW i3, i4 and i8
BMW i3 BMW i8
BMW Garage BMW Meets Register Search Today's Posts Mark Forums Read

  BMW i Forums > BIMMERPOST Universal Forums > Off-Topic Discussions Board > Watches

Post Reply
 
Thread Tools Search this Thread
      06-20-2018, 03:51 PM   #1
twin fed
Doc Brown
twin fed's Avatar
853
Rep
2,121
Posts

Drives: 2016 MG MT M2
Join Date: May 2008
Location: Isle of Long

iTrader: (2)

Watch Insurance

I was just curious if anyone here insures their watches? I have a nice collection but only 3 that I would consider insuring. I have some of my wife's jewelry insured through our homeowners policy. I could just add it to that I guess. Or is there any watch specific insurers out there? And if you do insure a watch what do you pay, if you don't mind stating?
__________________


Appreciate 0
      06-20-2018, 04:33 PM   #2
eatsleepboost
Captain
eatsleepboost's Avatar
393
Rep
661
Posts

Drives: Evo
Join Date: Aug 2017
Location: Boston

iTrader: (1)

I am curious about this as well as I will have my Daytona in less than 2 months.
Appreciate 0
      06-20-2018, 04:56 PM   #3
jpdchicago
Major
714
Rep
1,008
Posts

Drives: M4 gts
Join Date: Feb 2016
Location: Chicago area

iTrader: (0)

Quote:
Originally Posted by eatsleepboost View Post
I am curious about this as well as I will have my Daytona in less than 2 months.
I have mine insured as an itemized item on my homeowners policy. Not a huge increase and worth it on a $15,000 watch (SS Daytona).
I wear it every day.
Definitely do it. Just takes a phone call.
Appreciate 0
      06-20-2018, 05:36 PM   #4
BEM-S4
Major General
BEM-S4's Avatar
United_States
3775
Rep
8,197
Posts

Drives: Dinan M235, Dinan Sport Wagon
Join Date: Oct 2012
Location: Philadelphia

iTrader: (3)

You should always put a decent timepiece on your insurance policy, it's not expensive. If you didn't buy it within the last 12 months (at least for my carrier) you need to take it to a jeweler and get it appraised. That's it. Very easy.
__________________
2016 F23 M235 xDrive Convertible • Dinan Stage 2 • AA IC • Apex EC-7 • MPE
2016 F31 328 xDrive Sport Wagon • Dinan Stage 1 • Vorsteiner V-FF 105 • BBK
2006 E46 330ci ZHP Convertible • Apex ARC-8
Appreciate 0
      06-20-2018, 11:54 PM   #5
ny325
Colonel
United_States
459
Rep
2,662
Posts

Drives: Jet Black E90
Join Date: Feb 2007
Location: Yankee Stadium

iTrader: (0)

Your looking at around $300-$550 a year. It depends on the value of your watches.
Appreciate 0
      06-21-2018, 09:03 AM   #6
twin fed
Doc Brown
twin fed's Avatar
853
Rep
2,121
Posts

Drives: 2016 MG MT M2
Join Date: May 2008
Location: Isle of Long

iTrader: (2)

Thanks for the replies. That was pretty much what I was expecting to hear.
__________________


Appreciate 0
      06-21-2018, 09:08 AM   #7
1MOREMOD
2018 track days - 0 ridge 1:52:24 pacific 1:33:30
1MOREMOD's Avatar
United_States
9059
Rep
22,089
Posts

Drives: Race car->
Join Date: Mar 2009
Location: check your mirrors

iTrader: (5)

Quote:
Originally Posted by jpdchicago View Post
I have mine insured as an itemized item on my homeowners policy. Not a huge increase and worth it on a $15,000 watch (SS Daytona).
I wear it every day.
Definitely do it. Just takes a phone call.
Yeah I've done the same for my watches wives ring and some of my more spendy guns
Appreciate 0
      06-21-2018, 09:18 AM   #8
Clark_Kent
Major
Clark_Kent's Avatar
1120
Rep
1,417
Posts

Drives: Retired
Join Date: Jul 2014
Location: Atlanta, GA

iTrader: (0)

I have a VPP rider for all of our jewelry not just the watches. It’s a small price to pay and worth it. There’s no deductible either so that’s nice.

Last edited by Clark_Kent; 06-21-2018 at 02:23 PM..
Appreciate 1
      06-21-2018, 09:23 AM   #9
uniqueMR
Colonel
uniqueMR's Avatar
United_States
1267
Rep
2,668
Posts

Drives: Hmmm
Join Date: Dec 2017
Location: Chicago

iTrader: (0)

Looking into watch insurance for myself as well..
__________________
Currently: 2020 Honda Civic & 2020 Porsche 911
Previous BMWs: 340i, 740i, 745Li, M3, M4
Previous Others: Audi, Ducati, Honda, Infiniti, Mercedes-Benz, MINI, Mitsubishi, Toyota, Volkswagen
Appreciate 0
      06-21-2018, 12:05 PM   #10
hooligan_COLD
Space Shuttle Door Gunner
hooligan_COLD's Avatar
4147
Rep
3,575
Posts

Drives: '15 X1 35i M Sport
Join Date: Nov 2017
Location: Back in the Mitten

iTrader: (0)

Quote:
Originally Posted by Clark_Kent View Post
I have a VPP rider for my all of our jewelry not just the watches. It’s a small price to pay and worth it. There’s no deductible either so that’s nice.
This.

We have my wife's jewelry and our watches on it.
Appreciate 0
      06-21-2018, 06:00 PM   #11
TheWatchGuy
Lieutenant Colonel
TheWatchGuy's Avatar
2049
Rep
1,590
Posts

Drives: 335xi
Join Date: Mar 2018
Location: CO

iTrader: (0)

i have jewelry coverage on my homeowners insurance up to a certain amount. should probably raise that coverage after a few purchases this last month though.

if you want a separate insurance, most jewelry insurers will insure watches as well, and you can get pretty good rates for $0 deductibles. Just a quick quote for ~30k worth of watches is $400 a year w/ 0$ deductibles from jewelers mutual.
Appreciate 1
FCobra942432.00

      06-21-2018, 08:06 PM   #12
Fender150
Lieutenant
United_States
242
Rep
406
Posts

Drives: F82 M4
Join Date: Apr 2015
Location: PA

iTrader: (0)

i have mine insured, its a 100lbs steel safe
Appreciate 0
      06-21-2018, 08:07 PM   #13
1MOREMOD
2018 track days - 0 ridge 1:52:24 pacific 1:33:30
1MOREMOD's Avatar
United_States
9059
Rep
22,089
Posts

Drives: Race car->
Join Date: Mar 2009
Location: check your mirrors

iTrader: (5)

Quote:
Originally Posted by Fender150 View Post
i have mine insured, its a 100lbs steel safe
Well that too but I wear them also and that's a pretty small safe.
Appreciate 0
      06-21-2018, 09:59 PM   #14
Fender150
Lieutenant
United_States
242
Rep
406
Posts

Drives: F82 M4
Join Date: Apr 2015
Location: PA

iTrader: (0)

its just for watches lol
Appreciate 0
      06-21-2018, 10:13 PM   #15
1MOREMOD
2018 track days - 0 ridge 1:52:24 pacific 1:33:30
1MOREMOD's Avatar
United_States
9059
Rep
22,089
Posts

Drives: Race car->
Join Date: Mar 2009
Location: check your mirrors

iTrader: (5)

Ah okay
Appreciate 0
      06-21-2018, 10:30 PM   #16
JamesWWIII
Banned
United_States
2849
Rep
416
Posts

Drives: 2019 440i Coupe
Join Date: May 2018
Location: South Carolina

iTrader: (0)

Garage List
Quote:
Originally Posted by Fender150 View Post
i have mine insured, its a 100lbs steel safe
Unless it's bolted to the floor or stuck in a wall, 100 lbs is pretty easy for a thief to carry out of your home.
Appreciate 0
      06-21-2018, 11:25 PM   #17
Fender150
Lieutenant
United_States
242
Rep
406
Posts

Drives: F82 M4
Join Date: Apr 2015
Location: PA

iTrader: (0)

Quote:
Originally Posted by JamesWWIII View Post
Unless it's bolted to the floor or stuck in a wall, 100 lbs is pretty easy for a thief to carry out of your home.
Nice big bolt into concrete floor 👍🏻
Appreciate 0
      06-25-2018, 09:31 AM   #18
twin fed
Doc Brown
twin fed's Avatar
853
Rep
2,121
Posts

Drives: 2016 MG MT M2
Join Date: May 2008
Location: Isle of Long

iTrader: (2)

I have a large safe too, the problem is a safe won't help when you get mugged on the street.
__________________


Appreciate 2
stooker2704.50

      06-27-2018, 12:09 PM   #19
NoMoreAudi
Lieutenant
United_States
201
Rep
410
Posts

Drives: F86
Join Date: Sep 2015
Location: California

iTrader: (3)

Garage List
2019 X6M  [0.00]
I do it through my homeowner's insurance. It's $6/month for an appraised 15k.
Appreciate 1
twin fed853.00

      06-27-2018, 04:24 PM   #20
Hawkeye
Brigadier General
Hawkeye's Avatar
No_Country
1005
Rep
4,264
Posts

Drives: '07 Z4 si Coupe, '08 R6
Join Date: Aug 2007
Location: Iowa

iTrader: (0)

Garage List
That's pretty dang cheap! I have my wife's jewelry and my guns on my homeowners policy.
__________________
2007 Z4 3.0si Coupe • 6 MT • Black Saphire Metallic • PP • SP • Heated M Seats • Clutch Stop • Stubby
2008 R6 • Raven Black • GPR Steering Stabilizer • Comp Werks FE • Hotbodies Flush Mount Blinkers
2016 GMC Sierra SLT Z71 Premium Plus 4x4 • K&N CAI • Toyo G2 LT305/55R20
Appreciate 0
      06-27-2018, 07:32 PM   #21
stooker
F80 n00b
stooker's Avatar
United_States
2705
Rep
376
Posts

Drives: '18 F80 / '06 S2K
Join Date: Apr 2017
Location: somewhere

iTrader: (0)

Quote:
Originally Posted by Fender150 View Post
Nice big bolt into concrete floor 👍🏻
Depending on the setup, that's nothing a little leverage can't overcome. When I had my gun safe delivered the guy advised me to cover any gaps that thieves could wedge a bar in. He'd seen all sorts of break ins, and in the end it really doesnt matter to a determined thief if it's bolted down. You can only buy some time before someone shows up, assuming you have a home alarm, someone reports the break in, etc. Take it for what it's worth, it really depends on your situation.
__________________

2018 F80 / 2006 S2K / 2005 WRX / 1990 E30 325i
Appreciate 1
twin fed853.00

      07-20-2018, 10:43 AM   #22
TSM330i
2006 330i, TSM, Black, manual, sport
TSM330i's Avatar
United_States
570
Rep
3,685
Posts

Drives: 2015 GTI, E86 Z4 3.0si Racecar
Join Date: Nov 2005
Location: Chester Springs, PA

iTrader: (2)

I do have mine in the gun safe, but I also have mine insured on my homeowners policy.
I'm in a unique situation compared to most people insuring watches though. I inherited my grandfathers 1971 Rolex Daytona Exotic Dial. It's worth about as much as my house is worth LOL! So, adding it to my homeowners policy was a pretty large jump in premiums (understandably).
In the end, I can't risk not insuring my watches. One of them is basically irreplaceable if something were to happen.
__________________
2015 GTI S, 6M, LP, Volk TE37SL 17x8.5, Michelin PSS 245/40, JRZ Coil-Overs, Peloquin LSD, Sachs SRE, SuperPro Control Arms, Remus Catback, IS38 Turbo, APR Stage 2+ Tune, APR DP/IC, CAI, Forge Turbo Blanket, Aero Force Gauge Pod, APR Boost Gauge, Kersher Front Lip, Short Shifter, Tyrolsport Deadset, Stoptech BBK, HPA Dogbone
2008 BMW Z4 3.0si Coupe - because racecar
Appreciate 1
twin fed853.00

Post Reply

Bookmarks

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off



All times are GMT -5. The time now is 05:10 AM.




bmw
Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2019, vBulletin Solutions Inc.
1Addicts.com, BIMMERPOST.com, E90Post.com, F30Post.com, M3Post.com, ZPost.com, 5Post.com, 6Post.com, 7Post.com, XBimmers.com logo and trademark are properties of BIMMERPOST