Insuring Your Rolex Watch

If you own a Rolex watch and you’re not yet asking the question, ‘how do I insure my Rolex?’, then you’re yet to recognize the importance of watch insurance. As a wristwatch, the Rolex is a brand to be reckoned with. Almost every person wants to own this watch. It has class and a status symbol feeling attached to it. It’s in your best interest to get a Rolex insurance to cover yourself against possible theft, loss or damage.

Rolex is from its Daytona, Datejust, Oyster to other models is renowned all over the world for its style and quality. Some of the Rolex models have been existing for many decades, making the brand a ‘giant’ when it to comes to watchmakers. In fact, ask anyone the best brand of wristwatch they would like to own and the first reply you would always get is ‘Rolex’. So, protecting a Rolex watch should be topmost on your to-do list right now if you don’t have insurance yet.

How Do I insure My Rolex?

If you’re asking this question, then you probably know that your home policy might not cover you fully for your watch if something happens to it. Yes, you only get a fraction of the actual value of your wristwatch when you put in a claim. You might want to discuss that with your home policy issuer. However, the suitable option for your Rolex insurance will be to go for a standalone policy with a separate jewellery insurer. You need a jewellery insurer that understands the watch insurance market. At least this way, you know exactly what you’re getting with your watch insurance.

Insuring your Rolex against possible theft or loss with a separate jewellery insurer is a good thing because that way you know you’re fully covered for any unforeseen circumstances outside your home.

TMI Online’s Rolex Insurance

Here at TMI Online, we have an insurance policy which is suitable for your Rolex watch collections. Now, not many insurers will issue a policy for a single item. But, that’s not the way we operate. We can issue you a Rolex insurance for a single watch or an entire collection. The choice is up to you. Our insurance offers you just the right coverage every watch owner would require. We also provide a wide insurance cover that includes the worldwide all-inclusive risks insurance without any deduction for excess. All our insurance policies are underwritten at Lloyd’s of London, a reputable company with one of the best credit ratings in the world.

We will be very happy to answer any questions here at TMI Online, as we have professional UK-based staff available to answer any questions you might have. We understand the importance of customer satisfaction and we take that very serious.

How to get a Rolex insurance quote

Getting a quote is very simple and easy. You can choose to call our office telephone line or fill out one of our online forms. Usually, we would require some documentations to support your insurance application, but this shouldn’t delay obtaining a quote from us.

Once cover is issued, we will send your policy through the mail to you right away. When you get the policy, you’ll have 30 days to review it and return if you find any wording of the policy not to be what you hoped for. Normally, you can get your quote, as well as your insurance cover within the same day.

Is watch insurance really necessary?

Yes, Rolex watch insurance is necessary. Watches are very expensive piece of jewelleries and are quite easy to steal and resell. Therefore, they are mostly targeted at muggins. Additionally, the standalone insurance policy that we provide for your Rolex covers you against any loss, theft or damage to your watch wherever you’re in the world. This one alone is enough reason to get a Rolex insurance, as you never know what might happen in one of a business trip. You can easily leave your watch in a hotel or any other place in one of those business trips.

If you have a Rolex watch from the 70s that probably got passed to you by a family relative. You need to consider getting it insured, as watches of that time can rarely be seen these days and when seen, it’s actually very expensive. When you insure watches of that type with us, and have to put it a claim later due to loss or damage, you’ll get compensated in real-time value, rather than what it was worth when it was purchased or made.

Is my watch is included in my home contents policy?

If you have a home contents policy, then your Rolex watch is probably included in your home contents insurance. But, as said earlier, home policy with contents tend to limit the coverage on any single valuable item like a Rolex to a certain amount, say $1500. In addition, the home policy does not cover you for any loss or damage to your watch outside your home.

  • Some home contents policy do have options to extend coverage, however it’s not always the best solution.
  • Some of the home policy insurers will not provide coverage for loss or accidental damage for your wristwatch.
  • They do not cover you when you’re travelling, where there’s a higher risk of loss
  • You get to lose your no-claims bonus

We understand all of these and that’s why we issue our watch policies with you, the watch owner in mind. We make sure to cover you wherever you’re in the world.

Advantages of insuring with us

  • Worldwide coverage
  • Pay with direct debit, credit cards and PayPal
  • A standalone insurance policy designed with you in mind
  • 30 days money back guarantee; Return the policy within 30 days if you don’t like any of the wordings.

Contact us for a quote

For a preliminary rolex watch insurance quote, please either enter your details on the contact form or call us.

tmi rolex insurance quote