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 Post subject: Insurance
PostPosted: Thu Feb 18, 2010 8:39 pm 
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Im considering getting insuranec on my watches(just in case) using my esisting car/home insurance. They told me I have to get an official appraisal on them. 2 questions, How much should I pay for a appraisal? How much should I be paying for insurance?

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 Post subject: Re: Insurance
PostPosted: Thu Feb 18, 2010 9:11 pm 
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Try contacting the AD where you purchased the watch. They will probably do it for free. I would look into Jewelers Mutual. I have them on a few items and they are inexpensive and great to work with. It varies from state to state but I pay $1.30 for every $100 in value. If there is something better out there let me know.

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 Post subject: Re: Insurance
PostPosted: Thu Feb 18, 2010 9:14 pm 
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The first step is determining what model/(s) you have.. You should expect to pay around 1% per year premium. So lets say retail on your Super Avenger is $4550, you should be paying between $45-55 yearly depending on where you live... like mwheatley, I use Jewelers Mutual as well

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 Post subject: Re: Insurance
PostPosted: Fri Feb 19, 2010 6:06 am 
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There are quite a few threads on here about insurance, general consensus seems to be that there is no consensus - it varies wildly by jurisdiction and company.

In terms of appraisal, an AD appraisal should be plenty (and should be free) unless it's a really unusual piece.


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