Rolex insurance

Hi everybody,

I got a Rolex yesterday, cost me £4800. I still live at home with my Mum at the moment and we don't have any home insurance as we rent. Does anybody have any expensive watches they have insured and are they able to recommend a good place to get it insured?

Thanks,
Andrew
«1

Comments

  • Get some home insurance and add it to that, it's most likely the cost effective way to insure it.

    You can get specialist watch/jewellery insurance just for the item, similar to gadget insurance; but it's not the cheapest.

    Google "watch insurance" and pick through the results.
  • steve1500
    steve1500 Posts: 1,458 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Just to add the insurance company will want proof that it is a real Rolex.
    Private Parking Tickets - Make sure you put your Subject Access Request in after 25th May 2018 - It's free & ask for everything, don't forget the DVLA :D
  • tasticz
    tasticz Posts: 773 Forumite
    Part of the Furniture 500 Posts Name Dropper Combo Breaker
    steve1500 wrote: »
    Just to add the insurance company will want proof that it is a real Rolex.

    for some reason this made me laugh:rotfl:
  • steve1500 wrote: »
    Just to add the insurance company will want proof that it is a real Rolex.

    Yeah that is not a problem, I have all the papers.

    Thank you.
  • Clive_Woody
    Clive_Woody Posts: 5,908 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Get home contents insurance and add this as a named item. My posh watch is covered this way in and out of the house.
    "We act as though comfort and luxury are the chief requirements of life, when all that we need to make us happy is something to be enthusiastic about” – Albert Einstein
  • csgohan4
    csgohan4 Posts: 10,600 Forumite
    Ninth Anniversary 10,000 Posts Name Dropper Photogenic
    Give the watch to me, I will ensure it is protected.... in a pawn shop
    "It is prudent when shopping for something important, not to limit yourself to Pound land/Estate Agents"

    G_M/ Bowlhead99 RIP
  • FutureGirl
    FutureGirl Posts: 1,252 Forumite
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    One thing I'd advise it to keep the watch and papers separate. Keep the papers somewhere 'hidden'.

    Someone breaks into your home and steals both you're a bit screwed! (Hopefully this will never happen, though)
  • FutureGirl wrote: »
    One thing I'd advise it to keep the watch and papers separate. Keep the papers somewhere 'hidden'.

    Someone breaks into your home and steals both you're a bit screwed! (Hopefully this will never happen, though)

    Why would you be "screwed"?
  • forgotmyname
    forgotmyname Posts: 32,845 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    The fake ones come with papers also. The BBC Fake Britain show raided a place full of watches.

    Boxed with paperwork and serials etc. They took it to a specialist who had to open the watch to know whether it was fake or not. They were that good.

    Where did you purchase it from? Receipts and a papertrail.
    Censorship Reigns Supreme in Troll City...

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