Rolex insurance

[Funk]

A mate of mine has a new Deepsea Sea-Dweller but is getting pricy quotes for insurance. Any recommendations?

[Tony1963]

Mine is on my house insurance. Current value £17k (the watch, not the house!). Added a few quid to the premium, and needed a proper valuation that’s valid for three years.

[Funk]

Cheers but his home insurers want it in a safe bolted to the floor plus an extra £500/yr on the policy...!

[Tony1963]

Well, whenever there’s nobody in the house, mine is on my wrist, so a burglary is unlikely to net my watch. It’s fully insured outside the house against theft, and my whole home and contents is under £400. Someone needs to get onto the Meerkat...

Edited by Tony1963 on Sunday 15th March 12:10

[andy tims]

Funk said:

Cheers but his home insurers want it in a safe bolted to the floor plus an extra £500/yr on the policy...!

That's a joke. He needs a new home contents policy with a decent insurer - Hiscox or NFU Mutual

[Tony1963]

Does the OP’s mate live in a dodgy postcode?

All a safe does is make a mess and cause lots of damage as the scum cut, batter and smash the hell out of the house to get it. And they will.

[55palfers]

Tony1963 said:

Well, whenever there’s nobody in the house, mine is on my wrist, so a burglary is unlikely to net my watch. It’s fully insured outside the house against theft, and my whole home and contents is under £400. Someone needs to get onto the Meerkat...

Edited by Tony1963 on Sunday 15th March 12:10

Same here.

[Big_Dog]

My DSSD is on my house policy, costs about £40 a year extra. Several insurers and never been a problem.

[Baldchap]

andy tims said:

Funk said:

Cheers but his home insurers want it in a safe bolted to the floor plus an extra £500/yr on the policy...!

That's a joke. He needs a new home contents policy with a decent insurer - Hiscox or NFU Mutual

We're with Hiscox and they are insisting that we install another safe before renewal next year. The alternative is a significant premium increase.

[andy tims]

Baldchap said:

andy tims said:

Funk said:

Cheers but his home insurers want it in a safe bolted to the floor plus an extra £500/yr on the policy...!

That's a joke. He needs a new home contents policy with a decent insurer - Hiscox or NFU Mutual

We're with Hiscox and they are insisting that we install another safe before renewal next year. The alternative is a significant premium increase.

Presumably that’s for quite a collection of valuables though, not a single watch?
I was with them for many years - switched to NFU when they wanted me to install a higher cash value safe.