A typical homeowner’s policy is designed to protect your home and its contents, usually limiting coverage of watches to a maximum amount, typically $5,000 or less. So, if your watch costs more than that, you won’t be able to replace it with a similar item. If you claim a watch loss on your home insurance, it can affect the overall cost of your home insurance because everything is grouped together on one policy. Having a separate valuables policy preserves your home insurance premiums should only your watches be affected.
Why should I buy insurance for my watches? Are my watches not covered under my homeowner’s policy?
Written by Chris Benedetto
Updated this week