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Prayers up for anyone who's locked in

Additional Posts in Luxury Watches
Omega or Tag? Please advise.
So much to love about this one.

Why am I considering this???

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Chief
Sell them all, take the cash and deposit in a bank account and it’ll be insured up to $250k for free.
Rising Star
I just called up my home insurance company and added a rider for watches
Chief
I have a homeowners rider for most, but it only covers appraised value. Cost was a little under 1%. I used Hodinkee for my latest grey market purchase which was significantly above retail. I think it was around 1.5% but it covers actual value which is nice if we go through another bubble down the road.
I use travelers along with everything else. I’m sure I get a bundling discount but ends up being about $700 annually with about $120k in jewelry insured between my wife and I
Chief
👍
Visual Storyteller
Hodinkee. $1,000 for like $60K.
Think will go with them thanks
Hodinkee. I looked at jewelers mutual but for some reason their quote was higher.
Visual Storyteller
Check out your homeowners or renters insurance. It will cap out at some amount, but may be cheaper for that coverage. I have some of my watches on my homeowners policy (up to coverage limit) and some on Hodinkee
Chief
Homeowners policies will absolutely cover losses outside of the house.
Chief
I use Hodinkee. Looked at some others but they required i keep the watches in a bank soft deposit when not wearing to insure them. My policy is a little over $700 for ~$50ish k
Chief
Jewelers Mutual is a bit cheaper than Hodinkee, but you need appraisals, so you’ll incur that one-time cost to set it up.
Chief
Only within a certain timeframe I thought - policy may have changed.
Thanks will check out hodinkee!