Often, a watch is among the most valuable possessions a person owns. Popular brands like Omega, Rolex or vintage collectibles from Patek Philippe can also be very expensive. You will understandably want to make sure that your investment is adequately insured.
Wearing your watch every day means that you will face risks like damage and theft. And while any sentimental value is irreplaceable, financial remuneration can at least be put towards repairing or replacing the watch.
Watch insurance cost
At HomeProtect, you can insure your watch along with your home contents. You may well find that it is cheaper to include your watch in your home insurance rather than taking out a standalone policy. It’s also easier to manage at renewal!
Home insurance for watches will often provide more cover than a standalone policy too, with worldwide cover for specified items or cover on a new for old basis. Make sure to read the policy terms when getting a quote as insurance provider terms vary.
HomeProtect provides single item insurance at £1,500. Items worth more than that must be specified individually in your policy to be covered up to its replacement value. Be prepared to provide evidence of ownership and a valuation of your watch. You will need to know its true value to source the right level of cover.