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Old 10 April 2018, 05:43 PM   #40
tyler1980
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Join Date: Apr 2015
Location: Houston
Posts: 17,622
Quote:
Originally Posted by SC11 View Post
In reality I don’t know the outcome!

But from my experience and a couple of separate incidents reported by forum members, M&S stated that going over thier watch limit invalidated the policy!

One instance a member called to add a gold Rolex I believe and just expected to pay a slight increase in premium but was put on hold and then advised as he had already purchased the watch and had it in his possesion it invalidate his insurance and they have cancelled his policy.

I called and just asked as I was with them, they said if I owned a watch outside thier max limit they would no longer be able to insure me, I asked about not listing the item with them and having a third party insurance but they just stated as it’s outside their limit the policy is invalid.

So in theory I guess if these rules are in place some people might own a high value watch and have chosen not even to insure it but the possession alone could invalidate thier current home insurance.

But as above I’ve not heard of anyone claiming being denied cover based on something like thi.

This was a year or so back so situation may of change but worth nothing as believe many wasn’t aware of this.
in short read the fine print

I have learned in my time here that in general UK insurers are a pain to deal with.
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current collection: Patek 5164A, Patek 5524G, Rolex Platinum Daytona 116506, Rolex Sea Dweller 43 126600, Rolex GMT II 116710LN, AP 15400ST (silver), Panerai 913, Omega Speedmaster moonwatch, Tudor Black Bay (Harrods Edition)
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