The cost of valuable articles coverage for your watch will vary based on the value of the timepiece, where you live, and what type of protection you have in place such as a jewelry safe or burglar alarm system. It typically ranges from 1% to 2% of the item’s appraised value.

If your watch is stolen, please call us at 1-800-CLAIMS-0 (1-800-252-4670). We recommend taking detailed notes regarding the loss (i.e., date, time, location, and any relevant details) and filing a police report. Once a claim has been resolved, Chubb provides payment as quickly as possible.

If the market value of a watch on your Chubb Valuable Articles policy increases before a loss, we’ll pay the market value before the loss – up to 150% of your item’s insured value. This is subject to the maximum amount of coverage of your watch or jewelry collection.

However, as each timepiece is unique and values fluctuate over time, we recommend periodically tracking the market value of your items — and updating your insurance to reflect the new value — so that you’re fully insured.

Yes, Chubb’s Valuable Articles Coverage covers your watch wherever you are in the world.

Yes, you can. We encourage you to insure all your valuable watches, whether newly purchased or long treasured.

We only require appraisals for individual watches valued at $100,000 or more. Otherwise, we just need a detailed description, an estimated value, and photos of your items.

A typical homeowner’s policy is designed to insure your home and its contents, usually limiting coverage of jewelry and watches to a maximum amount, typically $5,000 or less. If your timepiece costs more than that maximum limit, the insurance payment alone may not be enough to replace it with a similar item. A separate valuable articles policy provides broad, worldwide coverage for higher valued collections, with no deductible.

To care for your timepieces and keep them in good condition, regularly clean them with appropriate cloths, protect against water damage, and avoid contact with chemicals and fragrances. Mechanical watches should be wound regularly and ideally avoid any sudden shocks or impacts. In addition, keep valuable watches in a high security home safe that is professionally bolted or over 750 lbs with ideally a TL-15 rating or equivalent construction. Install a centrally monitored alarm system with contacts on all accessible openings, and motion or glass break sensors strategically placed throughout your home. Consider alarming your safe on a separate zone for even greater protection.

For more tips about caring for your mechanical watch, read this article.