Rolex Watch Insurance
Rolex is probably the most famous watch brand in the world, ask anyone to name a prestigious watch brand and almost everyone will say Rolex. Renowned the world over for quality and style Rolex produce a range of watches utilising automatic, mechanical and quartz movements in a seemingly endless variations, models include; the Datejust, Daytona, Oyster & Submariner. Some of these models have been in existence for decades with the first Oyster being produced as long ago as 1926. Subtle changes are introduced by Rolex and regular intervals to ensure that the watches stay as contemporary as possible.
Insurance for your Rolex or Rolex Collection
At Assetsure, it’s fair to say that more than any other watch; it’s a Rolex that we are asked to quote on. We also note that once a Rolex is obtained, then there is often a tendency to purchase another, such is the appeal of this marquee brand. We have developed a policy that is suitable for owners and collectors of Rolex watches. Unlike many insurers, we are happy to issue a policy for a single Rolex, or indeed for an entire collection. Our policy offers the wide insurance cover that watch owners require including worldwide all risks insurance without excess. Our policy is underwritten at Lloyd’s of London and your insurance can be paid by monthly direct debit if required.
We are quite happy to issue an insurance policy for a single watch and you can add to your policy throughout the year and only pay a pro-rata additional premium without any adjustment fees.
Obtaining an Insurance quote for your Rolex
This is very straight forward, either complete one of our online forms or telephone our office; we can usually provide a quotation within a couple of minutes and insurance the same day. Your full policy documents can be emailed to you immediately cover is issued. We offer a full 30 days for you to review the documents we send you. We also offer a service where we can store your purchase receipt or valuation documents. Normally we would ask that you have some documentation to support your application but this should not normally delay a quote being obtained.
Insure your Rolex watch with Assetsure
We understand Rolex is a premier watch brand, so we have ensured we have specific Rolex cover for those of you looking for type of insurance. Fill out and complete our online form to get a quote on your Rolex today.
Why do I need Rolex watch insurance?
With Rolex arguably being the most famous watch brand in the world, their prestigiousness means their watches offer long term value with them being seen as great investments. Ensuring your Rolex(s) is covered by specific insurance protects you against it being damaged, lost or stolen. Our Rolex insurance ensures you are covered for needing a repair or including obtaining a replacement.
Why is Rolex valuations important?
Rolex valuations are extremely important to ensure you can insure your Rolex watch at an accurate replacement price. This is especially important as Rolex do increase in value and the brand have regular price increases as the cost of a Rolex can range in price from as low as £2,000 second hand to £50,000 and above brand new, it’s important that valuations are obtained at least every two years on the watch in question. This ensures we can give you the best Rolex insurance quote to ensure your item is fully covered. Full details of how much to insure your Rolex for can be found in our policy document available on our website.
At Assetsure, for your Rolex insurance quote, we want to ensure your item is correctly insured, so we ask for the watches latest valuation, we do not insist that valuations are signed by a National Association of Jewellers registered valuer.
If you do not have a valuation, we can put you in touch with a valuer who should be able to provide you with an online valuation which would be suitable to obtain a quotation from Assetsure, subject to our standard underwriting criteria regarding age and value of item etc.
Please also note that a valuation is not proof of ownership in itself, so it is important to study our requirements in respect of this, full details are contained in our policy document.