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Why HODINKEE Insurance? FAQs From Our In-House Agent

How to set your watches value, lower your premium, and so much more.


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How to set your watches value, lower your premium, and so much more.
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From the launch of the UNIMATIC Limited Edition H Series to the latest additions to Ressence's ever-innovative collections, we've had a lot of exciting introductions in the HODINKEE Shop recently. 

But what happens after you've secured that new, vintage, or pre-owned timepiece? Let's hear from Pedro Vidal, our resident HODINKEE Insurance expert, on how to protect your collection, no matter its size or value.

HOW DO I SET THE VALUE OF MY WATCH?

HODINKEE Insurance only requires appraisals for watches over $100,000 in value. We can offer an internal appraisal at no extra cost through our own vintage and modern watch specialists. If you have a bill of sale or receipt for your purchase? No appraisal is needed, no matter the value.

When you insure multiple watches, you can benefit in certain situations from market value protection that insures a watch up to 150% of its value, subject to the total amount of coverage. Say you have a new 2021 Rolex Submariner purchased at $8,100 and a vintage 1970s Cartier Santos-Dumont purchased at $9,500. Your insurance policy would be issued with a $17,600 policy limit, or total amount of coverage.

ARE THERE WAYS TO LOWER MY QUOTED PREMIUM?

If you take certain security measures to better protect your insured watches, such as installing an alarm system and a home safe that's bolted in, or keeping a list of watches stored and rotated in and out of a security deposit box at a bank vault, you may qualify for a premium discount or reduced rate. 

WHAT HAPPENS WHEN I SELL MY WATCH?

When you sell a watch, you can simply remove it from your policy and then receive a prorated refund. That's why we made our program digital, so you can have the flexibility to manage your watch collection on the fly, whether on the app or on the site. And you can rest assured that your watch collection is covered and protected worldwide against theft, damage, and loss.

To protect your watches today and learn more about HODINKEE Insurance, click here.

STAFF PICKS

The Glashütte Original SeaQ offers smart vintage looks and excellent technical specs. It has quickly become a serious contender in the luxury dive watch category.

Image of Rolex Datejust II Ref. 116333 Two Tone With 'Wimbledon' Dial
Rolex Datejust II Ref. 116333 Two Tone With 'Wimbledon' Dial

$13,475

Image of 1970s Cartier Tank 'Jumbo' Automatique
1970s Cartier Tank 'Jumbo' Automatique

$18,000

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Disclaimer: All items are subject to availability. Prices subject to change without notification. Applicable sales tax and shipping costs not included. Products and offers may be withdrawn at any time. In the event of errors, typos, or omissions, this offer is void.

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