Blog: Time to check watch valuations

Tim Belson, managing director, Prestige Valuations

Tim Belson, of Prestige Valuations, says the skyrocketing value of some luxury watches can cause a problem for insurance brokers but solutions are at hand to keep cover at the right amount.

Luxury watches are so much more than just timepieces – they can also be sound investments that offer significant returns.

We’ve seen certain models of watches almost double in price over the last 12 months, which should be something to delight their owners.

However, the rapid rise in value in some luxury watches can cause a problem for insurance brokers and their clients, if the timepieces are not properly insured, because in the event of loss or theft, they would not be able to get a

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.

You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Insurance Age? View our subscription options

Register

Sign up and gain access to five complimentary news articles every month.

Already have an account? Sign in here

This address will be used to create your account

GIC completes Miller deal

Institutional investor GIC has completed the takeover of Miller, buying out previous co-investor private equity house Cinven.

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: