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Why BriteCo™ Watch Insurance?
BriteCo™ takes pride in delivering fast, easy, and affordable watch insurance you need to protect your timepiece from theft, damage, mysterious disappearance, and more. With us, you’ll get comprehensive watch insurance coverage right from your smartphone in under two minutes
With service like this, it’s no wonder BriteCo™ is customer rated with 5-stars and trusted by 2,500+ independent jewelers nationwide:
- Convenient monthly payments
- Best in class customer service
- Fast & easy online insurance claims process
- ZERO out of pocket expenses
- 5-star rated, worldwide coverage on leading luxury watch brands like Rolex, Citizen, Tag Heuer, Patek Phillipe, Breitling, Chopard, Omega, Ulysse Nardin, and more
Approximate Watch Insurance Costs
| WATCH | COVERAGE AMOUNT* | LOW END COST/YR** | HIGH END COST/YR** |
|---|---|---|---|
| Tudor Black Bay 58 | $4,150 | $50.00 | $73.21 |
| Omega Seamaster Diver 300 | $5,900 | $66.63 | $104.08 |
| Omega Speedmaster Professional | $7,600 | $85.83 | $134.06 |
| TAG Heuer Carrera | $5,750 | $64.94 | $101.43 |
| Rolex Datejust | $9,500 | $107.29 | $167.58 |
| Cartier Santos de Cartier | $7,750 | $87.52 | $136.71 |
| Breitling Navitimer | $8,680 | $98.03 | $153.12 |
| Rolex Submariner | $9,100 | $102.77 | $160.52 |
| IWC Big Pilot | $12,900 | $145.68 | $227.56 |
| Rolex GMT-Master II | $22,500 | $254.00 | $396.75 |
| Rolex Daytona | $32,000 | $361.39 | $564.48 |
| Cartier Tank Française | $19,100 | $215.65 | $336.83 |
| Vacheron Constantin Overseas | $25,500 | $287.91 | $449.69 |
| Audemars Piguet Royal Oak | $48,000 | $542.08 | $846.72 |
| Patek Philippe Nautilus | $130,000 | $1,467.93 | $2,293.20 |
*Coverage Amount is based on insured value.
**Average Cost to Insure represents the estimated annual premium range. Costs can vary based on factors like your location and specific policy details. Exact premiums are provided upon application.
Frequently Asked Questions
How Much Does Watch Insurance Cost?
Estimating your watch or jewelry insurance cost is relatively easy. Most jewelry insurance rates are calculated at 1-5% of your piece's market value annually; BriteCo's premiums are even more affordable, around 1-2% of your watch's value. Once your watch is appraised, you can use these percentages to estimate your annual premiums.
How Does Watch Insurance Work?
To insure a watch, you'll first get insurance quotes based on your timepiece's market value. An underwriting review will determine your final coverage options. Of course, you'll want to read any policy contracts before signing on the dotted line, and then rest easy knowing that you can make a claim to repair or replace a damaged or lost watch at any time. Learn more about the differences between homeowners and jewelry insurance and why BriteCo's standalone policies protect you more comprehensively.
What Types of Watches Do You Cover?
BriteCo's luxury watch insurance covers a range of high-value timepieces, including new, designer timepieces and vintage watches.
What Brands of Watches Do You Cover?
BriteCo covers a range of popular and designer watch brands, including Patek Philippe, Audemars Piguet, Vacheron Constantin, Rolex, Omega, and Cartier.
What Does Watch Insurance Cover?
BriteCo's watch insurance policies will cover repairs or replacements for damaged, lost, or stolen watches. So, you're always protected from accidental damage, theft, and mysterious disappearance.
Is There a Difference Between “Damage” and “Normal Wear and Tear”? How Does Insurance Treat Them Differently?
Damage is considered any accidental cosmetic damage or breakage to a piece, while normal wear and tear is not the result of any specific accident. Insurance covers damage under most circumstances (unless intentional) and may or may not cover normal wear and tear. If a policy does cover wear and tear, as BriteCo does, examples often include prong re-tipping or clasp replacement.
What Does Watch Insurance Not Cover?
While it may differ from provider to provider, jewelry and watch insurance typically does not include coverage for intentional damage or damage or loss that occurs during extraneous circumstances, such as military action or a nuclear hazard.
How Does BriteCo Watch Insurance Compare to Other Options?
When comparing BriteCo watch and jewelry insurance to other providers, BriteCo often offers more affordable rates, more comprehensive coverage overall, and more convenient quote and claims processes. Both can be completed online within minutes.
