Insuring Your Collection, Simplified. Exclusively Through Precision Watches & WonderCare.
Luxury watches are more than accessories—they’re assets and heirlooms worth protecting. Through our partnership with WonderCare, Precision Watches clients can access luxury watch insurance designed specifically for high-value timepieces and collections, with coverage underwritten by Chubb, a global leader in high-net-worth insurance.
Enrollment is fast and fully digital: enter your watch details, receive an instant quote, and activate coverage online in minutes with no paperwork. Policies can be held alongside existing homeowners insurance, personal articles policies, or current Chubb coverage without conflict. Coverage supports everything from a single watch to significant collections, with additional documentation sometimes required for pieces over $100,000 or collections exceeding $200,000.
If a loss occurs, claims are handled directly through WonderCare, with Chubb assigning a dedicated claims specialist who works with the policyholder for a streamlined, white-glove experience. Policyholders can manage their insured collection online at any time, including adding newly acquired watches and submitting claims digitally.
Precision Watches does not sell or advise on insurance. All pricing, policy details, and coverage questions are handled directly by WonderCare’s licensed team. Premiums often average around 2% of the insured value annually, with final pricing determined during the online application based on the watch, insured value, location, and underwriting factors.
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Fast Quotes, Fast Activation
Get a tailored quote in moments and activate coverage online, often immediately.
Global Coverage
Coverage travels with you, helping protect your timepiece at home and abroad.
No Deductible
Most policies include a $0 deductible, so protection is straightforward when you need it.
Frequently Asked Questions About Insuring Your Watch
Why shouldn’t I rely on my homeowners or renters insurance?
Most homeowners and renters policies were not designed for luxury watches. Common limitations include:
- Low sub-limits for jewelry and watches (often $1,000–$2,500 total)
- Higher deductibles that reduce or eliminate payouts
- Limited covered causes of loss (theft may be covered, accidental damage often isn’t)
- Claims impacting your primary home policy, which can affect future premiums or renewal
WonderCare policies are standalone, watch-specific coverage, meaning:
- Your home policy remains untouched
- Coverage is tailored to high-value timepieces
- Claims are handled independently through Chubb
What types of losses are typically covered?
While exact terms vary by policy, WonderCare coverage is designed to protect against real-world watch risks, including:
- Theft
- Accidental damage
- Loss (including mysterious disappearance)
- Damage while traveling or wearing the watch
Full coverage details are provided during the WonderCare application and policy issuance.
Is my watch covered outside the United States?
Yes. WonderCare policies offer worldwide coverage.
Your watch remains protected whether you are:
- Traveling internationally
- Wearing it abroad
- Shipping it for service or repair
There are no country-specific restrictions for normal travel use.
Do I need an appraisal to get coverage?
In many cases, no appraisal is required.
- Recently purchased watches can often be insured using the purchase invoice
- Higher-value watches or collections may require an appraisal or additional documentation
- WonderCare will clearly indicate what’s needed during enrollment
What if I buy another watch later?
You don’t need to start over.
Policyholders can:
- Log into their WonderCare dashboard
- Add new watches to their collection at any time
- Receive updated pricing instantly
This is especially useful for collectors who add pieces throughout the year.
Will filing a claim increase my homeowners insurance premiums?
No.
Because WonderCare policies are separate from your homeowners or renters insurance, any claim filed:
- Does not impact your home insurance history
- Does not affect your home insurance premiums
- Is handled directly by Chubb’s dedicated claims team
This separation is one of the primary reasons collectors choose specialized coverage.
How does pricing typically work?
Premiums vary based on the watch and location, but many policies average around:
~2% of the insured value per year
Final pricing is calculated automatically based on:
- Declared watch value
- Geographic factors
- Underwriting considerations
Exact pricing is always shown before coverage is activated.
Is depreciation applied if I file a claim?
No depreciation is applied for covered losses.
Policies are structured so that claims are settled based on the insured value and applicable policy terms—not depreciated market estimates commonly found in generic policies.
Who handles claims if something happens?
Claims are handled directly by Chubb, one of the world’s most respected insurers for high-value personal assets.
The process typically includes:
- Digital claim submission through WonderCare
- Assignment of a dedicated claims specialist
- Direct communication between you and the claims team
There is no need to involve the retailer after purchase.
Does Precision Watches sell or advise on insurance?
No.
Precision Watches does not sell, quote, or advise on insurance. Insurance services are provided exclusively by WonderCare and its licensed professionals.
Precision Watches’ role is limited to:
- Educating clients on the importance of protecting their timepieces
- Introducing WonderCare as an available option
Where can I get official answers about coverage details?
For authoritative guidance, clients should reference:
- The WonderCare website
- The in-platform FAQ and chat support
- WonderCare’s licensed support team
📧 support@wondercare.com
Insurance described is offered by WonderCare Insurance Services LLC (California license no. 6014216). Insurance is underwritten and provided by ACE American Insurance Company or one of its U.S. based Chubb underwriting company affiliates. Chubb is the marketing name used to refer to subsidiaries of Chubb Limited providing insurance and related services. For a list of these subsidiaries, please visit our website at www.chubb.com. All products may not be available in all states. This communication contains product summaries only. Coverage is subject to the language of the policies as actually issued. Surplus lines insurance sold only through licensed surplus lines producers. Chubb, 202 Halls Mill Road, Whitehouse Station, NJ 08889-1600.