Rolex insurance

Mungo76

*** I may be talking rubbish ***

I'm of the assumption that you should register a Rolex, for servicing etc, this happens when bought ?

sussexbhoy

Mungo76 wrote: »

*** I may be talking rubbish ***

I'm of the assumption that you should register a Rolex, for servicing etc, this happens when bought ?

You're correct, all of this is done for you by the Authorised Dealer when you buy a Rolex.

midimanuser

BrookesAndrew wrote: »

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

I am in the same position. I need to get cover for my Watch and I don't want to take out a single policy.


We have home insurance but I don't think it covers items outside of the house.

I am going to check.


In the meantime you take try asking on the Rolex forums. rolexforums.c o m

forgotmyname

midimanuser wrote: »

I am in the same position. I need to get cover for my Watch and I don't want to take out a single policy.


We have home insurance but I don't think it covers items outside of the house.

I am going to check.


In the meantime you take try asking on the Rolex forums. rolexforums.c o m

It usually will if you include it in the valuables section.

Weighty1

forgotmyname wrote: »

It usually will if you include it in the valuables section.

Not unless you selected cover for personal possessions away from the home it won't. Limits on valuables are mainly there to ensure an insurer isn't covering a house full of gold jewellery , furs and fine art.

mattk_180

sussexbhoy wrote: »

Why would you be "screwed"?

Because if someone stole it and you can't provide the papers to the insurer to prove you owned it and it was real then you might not get your money back.


I'd agree that putting it onto contents insurance is probably the easiest and cheapest way to do it. You should probably get some anyway. Regardless of whether you rent or own, it's still your possessions and therefore still require insurance. Unless you're happy to lose everything in the event of a fire, flood etc. or have an agreement with the landlord that they insure them which would be unusual.

sussexbhoy

mattk_180 wrote: »

Because if someone stole it and you can't provide the papers to the insurer to prove you owned it and it was real then you might not get your money back.

When i put my Rolex on my house insurance i had to email a copy of the valuation receipt to the insurers (this has all the relevant information on it) for them to add it to my policy, so the insurers have the proof from day one.
Rolexes don't come with "papers" it's just a plastic credit card style warranty card.

BrookesAndrew

forgotmyname wrote: »

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.

A jewelers in Bournemouth. I looked on the Rolex website for official dealers and it came up with a jewelers in Bournemouth so popped down for a 'look'.

Yeah a few of my friends have fake ones and they are incredible. The movement on them is the same as a real one! Crazy how good the fakes are.