Do You Need Cartier Watch Insurance? What You Need to Know
While Cartier may be better known for its jewelry collection, the company also produces a variety of high-end timepieces that easily compete with watches produced by other luxury brands such as Patek Philippe and Piaget. But alongside long legacies and timeless beauty, one thing that Cartier watches share with these brands is a high price tag.
You can easily drop tens of thousands of dollars on a luxury timepiece like those Cartier produces, which is why protection is critical for your investment. But what exactly is Cartier watch insurance? What does watch insurance cover, and how does insurance for Cartier watch models differ from other insurance coverage or a warranty? Here’s everything you need to know.
What You Will Learn
- Cartier Watch Insurance Vs. the Cartier Watch Warranty
- What to Expect from the Cartier Watch Warranty
- What Will Cartier Watch Insurance Cover?
- Can You Get Luxury Watch Coverage Through Your Homeowners Insurance?
- How to Insure Cartier Watch Models
- How to Insure Cartier Watch FAQs
- Get the Coverage Your Cartier Watch Deserves
Cartier Watch Insurance Vs. the Cartier Watch Warranty
When you purchase a Cartier creation, you may receive some information regarding a warranty for your new piece. However, it’s important to realize that, while the Cartier warranty may give you some protection under certain circumstances, warranties are generally very different from insurance coverage.
What to Expect from the Cartier Watch Warranty
Cartier offers three customer warranty options: a limited overall warranty, a limited repair warranty, and a pre-owned limited warranty.
The overall warranty allows you to have your watch repaired or replaced free of charge. However, this is only if you bring your Cartier watch to the brand’s technical services team and they determine that there is a manufacturing defect. Also, the warranty is only valid for 24 months after the date of purchase.
Cartier’s warranty does not cover:
- Accidental damage
- Damage to watch materials stemming from misuse or negligence
- Watches without a legible or original serial number
- Routine maintenance or cleaning
- Damage due to contact with water
- Service due to normal wear and tear
The limited repair warranty only guarantees that any paid repairs to your watch have been completed correctly. If the repair results in a defect, you can have that issue remedied free of charge, at Cartier’s discretion. Again, though, this warranty comes with the same limitations listed above.
Lastly, the brand’s pre-owned warranty applies to pre-owned Cartier watches purchased from an official dealer. The same limitations apply.
As you can see, Cartier’s warranty only helps if your watch has a problem that was ultimately Cartier’s fault.
What Will Cartier Watch Insurance Cover?
In contrast, Cartier watch insurance is significantly more comprehensive. It can be purchased through an insurance provider specializing in watch and jewelry insurance (like BriteCo!). A policy will often fully cover the following:
- Theft
- Accidental damage
- Loss or mysterious disappearance
Furthermore, a company like BriteCo offers worldwide coverage. This means if your watch is stolen or lost while you’re traveling far from home, you can still get the necessary repair or replacement at no cost to you.
Can You Get Luxury Watch Coverage Through Your Homeowners Insurance?
While you may already have a home insurance policy that could protect your Cartier watch or jewelry collection, it’s only to some degree, and there are many limitations. A typical homeowners policy will often pay a small amount if personal items are stolen from your home, or if they’re damaged in specific, covered disasters, such as home fires.
However, the amount these policies pay is often insufficient to cover the full value of high-end items like a Cartier watch. Most payouts are limited to a few thousand dollars and incur a deductible. When you paid possibly $20,000 for a premium watch, a mere $2,000 from your home insurance policy isn’t going to help all that much. For example, you’ll be on your own to cover the remaining $18,000 needed to replace a stolen watch.
As mentioned, watch and jewelry insurance will cover the full cost of replacing or repairing your items after a claim is filed, leaving you with no out-of-pocket costs.
How to Insure Cartier Watch Models
If you realize there are too many gaps in the protection provided by your watch warranty and existing insurance policies, you may wonder where to insure Cartier watch purchases. The good news is that the process is incredibly easy. With BriteCo, it takes just a few minutes.
First, you’ll need to fill out BriteCo’s quick and easy watch insurance quote request form. You’ll be asked to provide some basic information regarding your timepiece. Appraisals are also required for insurance purposes in order to gauge your item’s real-time value.
You’ll quickly receive a quote, and then you can purchase your policy and enjoy complete protection within minutes. The total cost will be about 1–5% of your watch’s total value per year. You can pay monthly or annually (the annual payment option includes a discount).
If you ever need to make a claim, doing so is just as easy. Simply log in to your account and fill out the BriteCo online claim form via your phone or desktop. From there, BriteCo will help you repair or replace your watch via a local jeweler at no cost to you.
How to Insure Cartier Watch FAQs
What Will Cartier Watch Insurance Not Cover?
Cartier watch insurance from a specialty jewelry insurance provider typically covers instances of theft, loss, and damage. Ineligible claims are generally related to intentional damage or extreme circumstances, such as if your watch was damaged during an “act of God” or military service.
How Much Does It Cost to Insure a Cartier Watch?
BriteCo’s watch insurance policies typically work out to a cost of about 1–5% of your watch’s total value, per year. That means if you purchased a $20,000 Cartier watch, your coverage would cost between $200 and $1,000 per year.
What Does BriteCo’s Cartier Watch Insurance Cover?
BriteCo’s luxury watch insurance covers theft, disappearance, loss, and damage. Even if you lose your watch and have no idea where it went, you can make a claim. It also means that if you accidentally damage your watch, repairs are covered — a perk no luxury watch warranty provides!
Will My Homeowners or Renters Insurance Cover My Cartier Watch?
If your watch is stolen from your home or is damaged in a natural disaster, that may be covered by your home insurance. However, it’s unlikely that you will get the full amount necessary to make the repairs or buy a replacement.
How Often Do You Need to Pay for Watch Insurance?
You can choose to pay for a year’s worth of coverage or pay your watch insurance premium on a month-to-month basis.
Get the Coverage Your Cartier Watch Deserves
In the event the worst happens, you don’t want all that money you spent on your Cartier watch to go down the drain. Rather, insure your timepiece to fully protect it. Just be sure to invest in specialized jewelry insurance like BriteCo for the most comprehensive coverage.
Only policies dedicated to fully protecting your high-end watch collection, jewelry collection, or engagement ring are equipped to provide you with the peace of mind to wear your favorite pieces daily.
Get your quick and easy BriteCo luxury watch insurance quote now!
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