Owning a Rolex, Patek Phillipe, Cartier, Jaeger LeCoultre or Lange & Sohne is a statement as well as an investment. It is important to think about protecting your investment especially your luxury watches. In order to avoid the trouble of dealing with a lost, stolen or damaged model of your pre-owned or rare luxury watches insurance is really essential.
We all know that the insurance policies can be confusing so it is important to consult with a licensed insurance agent when setting up the policy. However David Duggan’s experienced luxury watch specialist are happy to share some useful tips on the key factors when it comes to making the right decisions on insuring your luxury watches.
- Protect your luxury time piece via purchasing a suitable safe in that way you can avoid an insurance claim.
- Make sure you keep all the insurance policy paperwork in case you ever have to make a claim. This is the only way to confirm the value of your possession with your insurer.
- Be cautious on the occasions you choose to wear your precious timepiece. There will always be some occasions where you might be vulnerable to theft so avoid wearing it those times.
- Find the most reputable insurer and always check the details of your insurance policy
If you are unsure about how to find the right insurer, get in touch with luxury watch specialists David Duggan. David Duggan can advise on the right way to insure your watch and point you in the direction of reputable insurers you can trust.
David Duggan is an independent, unbiased luxury watch broker, specialising in pre-owned timepieces of the highest quality. Our specialist team has been immersed in the world of timekeeping for a combined length of 150 years, and David Duggan himself has a 40 year pedigree in sourcing and servicing pre-owned watch brands including Patek Philippe, Rolex, Cartier, Vacheron, Panerai, Jaeger-LeCoultre, Lange & Sohne and IWC. www.daviddugganwatches.co.uk
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