BriteCo - DavidSW - Watch Insurance

[Hands90]

Never have I really looked into wrist watch insurance. I pay around $100 a year for my wife's ring through Jewelers Mutual but since I just bought my Grail watch through DavidSW, they sent me a link for BriteCo.

There is no reason not to do it other than if there is an issue and they do not resolve it.
Here is what they sent me

Here are the top five reasons to insure your jewelry with BriteCo:
Safe and secure with AM Best A rated insurance carrier
Zero-deductible standard policy
Full replacement if lost, stolen, or damaged up to 125% of appraised value
Annual insurance value updates (no need to reappraise your jewelry)
Fast, easy claim service using your local jeweler

I've owned Rolex Sub's and never thought about Insurance but now it seems like maybe I should be insuring my watch. Honestly it sounds too good to be true.
So I'm at the airport and my watch is stolen at security or it somehow ends up in a trash bin and they will just refund me?
Sorry to sound like an idiot but I never needed to work with an insurance company for a claim before.

[BreguetRolex]

Sure sounds like a "SALES PITCH" to me...! and even has "OWNED" Subs....! Awesome

[Hands90]

Originally Posted by BreguetRolex

Sure sounds like a "SALES PITCH" to me...! and even has "OWNED" Subs....! Awesome

It's not a sales pitch. If you have a better option, I'd go with it. I'm just looking for some advice.

[BreguetRolex]

Originally Posted by Hands90

It's not a sales pitch. If you have a better option, I'd go with it. I'm just looking for some advice.

ok

[Johngalt1]

Originally Posted by Hands90

Never have I really looked into wrist watch insurance. I pay around $100 a year for my wife's ring through Jewelers Mutual but since I just bought my Grail watch through DavidSW, they sent me a link for BriteCo.

There is no reason not to do it other than if there is an issue and they do not resolve it.
Here is what they sent me

Here are the top five reasons to insure your jewelry with BriteCo:
Safe and secure with AM Best A rated insurance carrier
Zero-deductible standard policy
Full replacement if lost, stolen, or damaged up to 125% of appraised value
Annual insurance value updates (no need to reappraise your jewelry)
Fast, easy claim service using your local jeweler

I've owned Rolex Sub's and never thought about Insurance but now it seems like maybe I should be insuring my watch. Honestly it sounds too good to be true.
So I'm at the airport and my watch is stolen at security or it somehow ends up in a trash bin and they will just refund me?
Sorry to sound like an idiot but I never needed to work with an insurance company for a claim before.

Why not just add your new purchase to your JM policy?

[Hands90]

Originally Posted by Johngalt1

Why not just add your new purchase to your JM policy?

Was going to try the BriteCo since it came with a quote for SW.
Maybe I'll look into adding it.

[Hands90]

Just giving an update. I went with Hodinkee. I have an appraisal and my AD strongly urged me to go with Jewelers Mutual.
Hodinkee was nearly overnight, no questions asked about my watch. Hopefully I won't need use it, it was expensive but I'll revisit this next year so see if I still think I need it.

It feels really good wearing this on my wrist right now, knowing that if someone takes it from me or I drop it, I'm covered.

Note for BreguetRolex - my post was not an ad, as I went with a different company.

[mannyv11]

Originally Posted by BreguetRolex

Sure sounds like a "SALES PITCH" to me...! and even has "OWNED" Subs....! Awesome

what have you never heard of someone getting insurance on their jewelry?