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Old 30 July 2023, 08:50 AM   #1
rod727
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116610 Insurance question

I have an early 116610 that has been a faithful companion over the years. I was just checking my policy at Jewelers Mutual and it is currently insured for $10,800. If I have an new appraisal done and it comes back higher will they make the adjustment or will they stick to what appears to be current MSRP? I appreciate the insight.
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Old 30 July 2023, 09:03 AM   #2
hutch300
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Leave JM and go to Hodinkee. I did and love the ease of use and you don't need an appraisal. Chubb underwrites it.
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Old 30 July 2023, 10:40 AM   #3
Moskus99
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I purchased a DJ36 last month from an AD for MSRP @ 8900 and they provided an appraisal at 10,950. Your watch should be insured at current value. Good luck!
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Old 30 July 2023, 10:47 AM   #4
DJ2020
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If you have a written appraisal, JM will gladly increase the insured amount.
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