Everything You Need to Know About Tudor Watch Insurance
While the Tudor brand isn’t as much of a household name as Rolex, it is a sister company that produces similarly high-end timepieces — but at a much more accessible price point.
However, despite the fact that popular models like the Tudor Black Bay are available for a few thousand dollars, compared to the tens of thousands of dollars you might spend on a Rolex, it’s still a hefty investment.
In the same way, a Tudor watch is an investment worth protecting. After all, you don’t want to save up to buy your dream Tudor timepiece, only for accidental damage or unforeseen loss to leave you out nearly $5,000. Here’s how Tudor watch insurance can help.
What You Will Learn
Do You Really Need Insurance for Tudor Watches?
If you’ve already spent a large portion of your budget on a timepiece, luxury watch insurance for Tudor models may seem like a nice-to-have option rather than a necessity.
However, it’s absolutely crucial that you insure Tudor watch purchases. There are so many realistic, everyday scenarios that could make it necessary to repair or replace your Tudor watch.
After a long day, you could fumble while taking off your watch, only to notice a small ding or scratch on the metal band or face. Or maybe you thought you tucked it into the side of your carry-on bag while going through airport security, but now it’s mysteriously missing. Or, worst of all, you forget to take your watch off before jumping into the pool, and it’s not waterproof.
Luckily, it is possible to find very affordable Tudor watch insurance, so you won’t have to break the bank investing in this type of protection.
What About the Tudor Five-Year Watch Guarantee?
When you purchase a Tudor watch, it comes with a five-year brand guarantee. It has applied to all Tudor watches sold by an official retailer since 2020. However, this type of policy, which is basically a warranty, is very different from Tudor watch accidental damage insurance or Tudor watch theft protection that you’d buy from a specialized provider.
Tudor’s five-year guarantee assures consumers that their watch will perform at the highest level of precision and reliability. If an issue can be traced to the watch’s manufacturing, you’ll get the issue remedied free of charge.
However, Tudor’s coverage will not help if you’re dealing with the following exclusions:
- Normal wear and tear
- Loss
- Theft
- Damage due to misuse
Additionally, the Tudor guarantee becomes invalid if you add anything to the watch that was not made by the brand originally, or if the watch is serviced by a third party.
How to Insure Tudor Watch Purchases via Homeowners or Renters Insurance
If your watch is stolen from your home or damaged due to certain disasters (like a tornado), you may be able to somewhat rely on your homeowners or renters insurance coverage. While this is not the overall best insurance for Tudor watches, it may provide you with some existing, immediate coverage.
Typically, homeowners or renters insurance cover high-value personal items like jewelry or watches, but to a limited degree. You’ll still need to pay your deductible. And if you’re making a covered claim related to a watch replacement or repair, your policy may only give you up to $2,000 to put toward the cost.
The Big Problem
If you noticed something wrong with that number, you’re right. Even if you get a full $2,000 from your homeowners or renters insurance, that’s not enough to cover replacing a watch like the Tudor Black Bay Fifty-Eight, which can go for upwards of $4,000. That means you’re still left paying another $2,000 out-of-pocket to replace it.
Beyond this financial issue, your homeowners insurance isn’t comprehensive enough to protect you from all the various threats that could cause you to damage or lose your watch. Your homeowners insurance isn’t going to help if your watch is stolen while you’re traveling, and it won’t assist if you accidentally damage it.
The High-Value Watch Insurance Tudor Watches Need
The best and most comprehensive option is luxury watch insurance offered by a company specializing in protecting high-end timepieces and jewelry.
With BriteCo, you’re covered all over the world, no matter where you travel. Even better? When you make a claim, the full cost of repairs or replacement is covered, so you won’t need to spend any money beyond your annual or monthly premium.
Tudor Watch Insurance FAQs
Is Watch Insurance for Tudor Collection Necessary?
Yes! Even if Tudor watches are more budget-friendly than timepieces from other luxury watch brands, protecting them is still necessary. After all, if you have five Tudor watches, your total collection would have a value of $20,000 or more — and who wants to be out $20,000 in the event of a theft or damage?
What Do Watch Warranties Require?
Many luxury watch brands provide a warranty that guarantees the watch’s quality for two to five years. However, these warranties often have certain requirements for them to remain valid. You may have to bring the watch in on a biannual basis for full service or regular servicing, for example, and you may have to avoid a third party for repairs or service.
What Risks Does Watch Insurance Cover?
Watch insurance from BriteCo will cover you in the event of loss, theft, or accidental damage.
How Much Does Watch Insurance Cost?
Watch insurance costs 1–5% of your watch’s total value, per year. So, if your Tudor watch is worth $4,000, you can expect to pay between $40 and $200 per year for coverage.
What Does Watch Insurance Not Cover?
Watch insurance will not cover a few exceptions, such as intentional damage or damage that occurred under rare and extreme circumstances, such as nuclear fallout.
How to Insure Luxury Watches, Tudor and Beyond
If you’re ready to explore insuring your luxury watches, whether a Tudor or a watch from any other high-end brand, the process is easy, and peace of mind could be yours as soon as today.
To get a Tudor watch insurance quote from BriteCo, you just need to provide some basic information regarding your watch and its value. Sometimes this will require an appraisal to guarantee that your watch’s insured value is correct.
When you have your quote in hand, you can choose to pay the premium either annually or monthly. It’s that easy! Then, if you ever do need to make a claim, the process is similarly straightforward and streamlined. Just fill out the online claim form, and BriteCo will get to work lining up repairs or a replacement.
Learn more about BriteCo’s comprehensive coverage and get your free watch insurance quote now!
Related Article:
Why You Need Omega Watch Insurance
Get a Quote:
The Easy Way to Insure Your Jewelry - and Save Money!
UP NEXT: IWC Watch Insurance: Everything You Need to Know
Author
