| Informational Websites | ChronoMaddox -- the legacy of Chuck Maddox | OnTheDash -- vintage Heuer website | Zowie -- Omega information |
| Discussion Forums | ChronoMaddox Forum | Heuer Forum | Omega Forum |
| Counterfeit Watchers | ChronoTools Forum | ChronoTrader Forum |
|
|
The largest independent, non-commercial, consumer-oriented resource on the Internet for owners, collectors and enthusiasts of fine wristwatches. Online since 1998. | |||||||
|
||||||||
|
||||||||
Feel free to discuss pricing and specific dealers. But 'for sale' postings, commercial solicitation and ads are not allowed. Full archive of all messages is accessible through options in the Search and Preferences features. Privacy, policies and administrivia are covered in the Terms of Use.
| For the answer to the NUMBER #1 most frequently asked question here--for details or value of a specific older Omega watch you have--go to: Tell Me About My Omega. | Learn more about How To Include Photos and HTML In Your Postings. | To contact someone with a question not relevant to other readers of the forum, please click on their email address and contact them privately. |
: Can Omega watches be insured like Rolex watches?
Sure, they all fall under the classification of jewelry. The brand makes no difference.
Your watch should already be covered generically as part of your personal property under a homeowners or renters policy. But your policy deductible applies. So if you lose a $3000 watch and have a $500 deductible, you would be covered for $2500 of the loss.
If you have multiple personal property items lost or stolen as part of the same incedent, the deductible applies to the total. So if your $3000 Rolex + $1750 Omega were stolen at the same time, you would be covered for $4750-500=4250 of loss.
The difference is that you can pay EXTRA to the insurance company to cover the watches specifically with no deductible. So by adding them to your policy separately and paying an an additional premium, you are only protecting yourself against the $500 (or whatever) deductible.
Generally, it is not economically advantageous paying to protect yourself from smaller losses. That is the most expensive part of insurance.
| Chronocentric and zOwie site design and contents (c) Copyright 1998-2005, Derek Ziglar; Copyright 2005-2008, Jeffrey M. Stein. All rights reserved. Use of this web site constitutes acceptance of the terms of use. | CONTACT | TERMS OF USE | TRANSLATE |