Exploring options to insure my watch collection approx 50k value. What are you guys using. Was looking into hodinkee but seems pricey any other recommendations?

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Sell them all, take the cash and deposit in a bank account and it’ll be insured up to $250k for free.

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I just called up my home insurance company and added a rider for watches

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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.

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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

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👍

Hodinkee. $1,000 for like $60K.

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Think will go with them thanks

Hodinkee. I looked at jewelers mutual but for some reason their quote was higher.

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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

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Homeowners policies will absolutely cover losses outside of the house.

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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

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Jewelers Mutual is a bit cheaper than Hodinkee, but you need appraisals, so you’ll incur that one-time cost to set it up.

Only within a certain timeframe I thought - policy may have changed.

Thanks will check out hodinkee!

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