Why Standard Home Insurance Isn't Enough
Most standard home insurance policies cover jewellery and watches up to a nominal limit — often no more than a few thousand euros per item. For serious collectors, this leaves significant coverage gaps.
A single modern stainless steel Rolex Daytona now commands €15,000–€35,000+ on the secondary market. A vintage Patek Philippe Nautilus can exceed €100,000. Standard policies simply don't adequately cover these values.
Specialised Watch Insurance: What to Look For
- Agreed value vs. market value: Agreed value policies pay out the insured amount without depreciation; market value policies pay replacement cost at time of claim
- Worldwide coverage: Essential for travellers
- Mysterious disappearance coverage: Covers loss without evidence of theft
- Full replacement cost: Including appreciation in value
Getting the Right Valuation
The foundation of proper watch insurance is an accurate, current valuation. Watch values can fluctuate significantly — some models have appreciated 300% in just five years! Using an outdated valuation means being underinsured when you need coverage most.
Objais provides real-time AI valuations (uncertified) for watches, as a starting point for your journey. Our system integrates with major watch auction databases and platforms to give you a first idea of what insuring your collection might cost. If this non-binding estimate interests you, we can then help you find a suitable offer backed by specialised insurance partners. We are insurance brokers and can find you solutions worldwide.
Annual Review is Essential
We recommend reviewing your watch collection insurance annually, and immediately following any significant market movements. If you wish, the Objais platform can send you automated alerts when a watch in your collection experiences a significant valuation change.