Watch insurance

[SuffolkDefender]

I have a pretty decent household contents policy which covers me for single valuable items up to £15k. This is suitable for a couple of watches that I own, but one is now outside of those parameters by a few thousand. Can anyone recommend a decent watch insurer that won't break the bank?

Cheers

[tonyg58]

Why don't you speak to your normal company about getting it added as a specific item with an agreed value?
I'm with Directline and they had no problem with doing that, did not even need a value quote from a dealer.

[SuffolkDefender]

Thanks, but my insurer doesn't offer anything over £15k even on specified items - not without a huge policy jump of a further £400, plus individual valuations for each item, which is going to run me another £200 or so per watch I guess - so £600 for the valuations and another £400 premium ... meh.

I guess I'll just stick them in the safe next to the shotguns, they'll probably be sufficient deterrent by themselves. If I rack the pump action shotgun in the middle of the night, that sound ought to be enough to send anyone running a fking mile.

[anonymous-user]

SuffolkDefender said:

Thanks, but my insurer doesn't offer anything over £15k even on specified items - not without a huge policy jump of a further £400, plus individual valuations for each item, which is going to run me another £200 or so per watch I guess - so £600 for the valuations and another £400 premium ... meh.

I guess I'll just stick them in the safe next to the shotguns, they'll probably be sufficient deterrent by themselves. If I rack the pump action shotgun in the middle of the night, that sound ought to be enough to send anyone running a fking mile.

Before I got a safe, I used to stick our valuables in my gun safe when we went away on holiday or away for the weekend etc.

I was informed by a police officer that burglars rarely go anywhere near a gun safe as it isn't worth the risk. The crime of burglary is one thing, but stealing guns and therefore possessing stolen guns is a massive increase in offences... and usually burglars will do everything they can to keep their offences to a minimum and remain off any local 'most wanted' list. They won't be stealing guns.

I mean yes, if you live in a really terrible part of a city centre, then the burglars might want to pinch guns and sell them to the nearest street gang, but everywhere else, no.

As for insurance, I found all the usual home insurance providers were either difficult or expensive once you start adding a few watches or other valuable items. The policy home would jump from £350 or whatever to £1500 or more.

Therefore I found it was best to just keep my home insurance policy free from valuables, and used a separate insurer for watches and suchlike, because a separate valuables policy was only around another £350 or so.

Edited by anonymous-user on Thursday 30th September 17:47

[Ziplobb]

SuffolkDefender said:

Thanks, but my insurer doesn't offer anything over £15k even on specified items - not without a huge policy jump of a further £400, plus individual valuations for each item, which is going to run me another £200 or so per watch I guess - so £600 for the valuations and another £400 premium ... meh.

I guess I'll just stick them in the safe next to the shotguns, they'll probably be sufficient deterrent by themselves. If I rack the pump action shotgun in the middle of the night, that sound ought to be enough to send anyone running a fking mile.

THIS
binned insurance for watches and jewellery a long time agoWe are lowest of the lowest crime area anyway but anything not being worn is in with the guns along with my cash. In the event they are nicked it means the guns are at risk and / or nicked and the OldBill will go to town on it, two shotguns stolen a few weeks ago near where we live , 80 Police officers involved.

[SuffolkDefender]

Yes, they seem to be difficult once you go over the standard £15k item limit. May I ask who you have used to insure watches previously or currently?

[SuffolkDefender]

Ziplobb said:

THIS
binned insurance for watches and jewellery a long time agoWe are lowest of the lowest crime area anyway but anything not being worn is in with the guns along with my cash. In the event they are nicked it means the guns are at risk and / or nicked and the OldBill will go to town on it, two shotguns stolen a few weeks ago near where we live , 80 Police officers involved.

Perhaps this is, then, the best idea.... fking daylight robbery to insure a watch that gets worn once a month or so. Should probably sell the damn thing and be done with it.

[anonymous-user]

This thread has made me realise I need to renew my watch and jewellery insurance shortly.

Previously I have used T. H. March for my insurance, but can anyone else recommend a decent watch/jewellery insurer to get a quote from?

Thanks

[witten]

I took out separate watch insurance for my sub as I travel a lot. My watch is insured for accidental loss (like it falling off in the sea), accidental damage, theft etc. All of this is including no matter where in the world I go. The only time it isn't insured is if I leave it in the hotel room and go out without first putting it in the safe which is fair. Cost about £250 I think but I feel very secure as I travel a lot for work. That's with TH March

[Ed T]

This thread has made me realise I need to buy some guns!

[steve2]

Just remember that putting an expensive watch in a gun cabinet sounds like a good idea, what happens if there was a significant fire ?

[anonymous-user]

steve2 said:

Just remember that putting an expensive watch in a gun cabinet sounds like a good idea, what happens if there was a significant fire ?

The same as what would happen if there was a fire and the watch wasn’t in a gun cabinet… it would get burnt!

I don’t put my watches in a safe unless I’m going away on holiday. I keep them all on display in soft lined tray thingy in my wardrobe room, just so I can enjoy looking at them and select which one to wear that day.

So if there’s a fire, or anyone anyone burgles me during a normal week. They are all gone.

I don’t think I could be arsed to keep them in a safe all the time and keep opening it every time I wanted a watch.

Edited by anonymous-user on Monday 4th October 21:31