Luxury watch on a wrist — watch insurance at MWB Watches

Watch Insurance

Watch insurance for luxury watches

For watches that mean more than the time of day. What a policy costs, what home contents insurance does not cover, and how to set the sum insured correctly.

Make an enquiryWhat does it cost?
All-risks cover
Worldwide wear cover
Agreed values, not depreciated
No excess on listed pieces

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Have your premium assessed personally

Watch insurance with all-risks cover costs roughly 2 to 4 percent of the watch value per year. For a watch worth 10,000 euros that is about 220 to 340 euros a year. Where exactly you land comes down to two things: how the watch is kept, and how often it leaves the house.

The premium calculator is being updated We are reworking the policy together with our insurance partner at the moment. Until the new terms are settled we do not show a premium estimate here. Your enquiry still reaches us as usual, and you will receive a personal assessment as soon as the new figures are in.

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Costs

What does watch insurance cost?

What moves the premium, and how the sum insured is arrived at.

A dedicated all-risks watch policy costs roughly 2 to 4 percent of the insured value per year. All risks means the policy also pays when you simply lose the watch or leave it behind, it comes without an excess for listed pieces, and it settles at the value agreed up front. Two things decide where in that corridor you land: how the watch is kept while you are not wearing it, and how often it leaves the house. A certified safe can pull the rate down to around 1.5 percent, daily wear abroad pushes it towards 4 percent.

The most expensive mistake is not the premium, it is the sum insured. Most owners insure at the price they paid, while sought-after references trade well above their former list price — and that difference is carried by the owner, not by the insurer. The second point is the settlement basis. A listed watch is replaced at the value agreed in advance; an unlisted one only against proof of value after the event. Which is why the value list matters more than the rate.

The solution

Insurance with a feel for value

A watch that matters is a timepiece, an asset, a collector item and often a memory. Together with Douglas · Machat & Cie. we offer cover built for high-value wristwatches, jewellery and collections grown over years.

A valuable watch usually needs more protection than a standard home contents policy provides. Wearing it, travelling with it, an accidental knock, a loss — these are exactly the points where standard contracts leave substantial gaps or cap the payout at a low limit.

Advice, contract design and ongoing support come from Douglas · Machat & Cie. GmbH, an independent insurance broker based in Vienna and specialised in high-value private assets. They develop their own concepts for watches, jewellery, art, collections and exceptional property, and in a claim a named contact walks you through the whole process. MWB introduces you and contributes the valuation — the contract itself is concluded between you and the broker or insurer.

What sets it apart from a standard household policy

Any cause, not a named-perils list

Insured are destruction, damage, theft, loss and other disappearance from causes of any kind. It does not have to be one of a few named perils such as burglary or fire.

Worldwide wear cover

For wearing the watch and taking it along temporarily outside the agreed locations, worldwide cover can be arranged — subject to the sublimits set out in the policy.

Agreed values

For listed watches the insured value is fixed in advance. In a total loss or disappearance that figure is the basis of the settlement.

Provision for rising values

For increases in value and new acquisitions an automatic provision of 25 percent of the agreed sum insured is envisaged, provided the broker is informed by the end of the current period of insurance.

No excess on listed items

For individually listed valuables no excess is envisaged. For unlisted values a general excess can be agreed; the amount is shown in the quote and in the policy.

Personal claims support

All dealings with the insurer run through Douglas · Machat. Not an anonymous claims hotline but one contact, from the first report through to the payout.

What can be insured

  • Exceptional luxury watches
  • Extensive watch collections
  • Jewellery and gemstones
  • Gold, platinum and silver objects
  • Art and design pieces
  • Classic and performance cars
  • High-value property and its contents
  • Other collector items

Sums insured, wear risk and security requirements are matched to the actual value and to how you use the pieces.

From practice

What that means for real references

Four models we trade regularly, with a realistic market value and the resulting premium band for all-risks cover.

Rolex

Submariner Date 126610LN

Market value 12,000 €

List price 10,500 €

270 – 410 € per year, all-risks cover

Rolex

Cosmograph Daytona 116500LN

Market value 28,000 €

List price 14,800 €

620 – 960 € per year, all-risks cover

Audemars Piguet

Royal Oak 15500ST

Market value 35,000 €

List price 24,200 €

780 – 1,200 € per year, all-risks cover

Patek Philippe

Nautilus 5711/1A

Market value 90,000 €

List price 32,000 €

1,730 – 2,810 € per year, all-risks cover

Damage does not happen in the safe.

The watch left on the hotel nightstand after a swim. The fall from the basin onto a stone floor, two weeks after buying it. The wrist that stayed visible a little too long in an unfamiliar city.

None of these happen at home. Which is exactly where home contents insurance stops.

Three cases and who pays

The scenarios we hear most often when a customer calls after a loss.

Snatched off the wrist abroad

A steel sports model is torn off the wrist in a busy city centre while travelling. The watch is gone in seconds, there is no break-in and no locked room involved.

Home contents insurance: usually nothing — the loss happened outside the home Dedicated watch policy: the agreed worldwide wear cover applies, up to the limit set in the policy

Dropped, crystal and bezel damaged

The watch slips off a table onto a stone floor. Sapphire crystal cracked, bezel dented, movement needs a service. Nothing was stolen — this is pure damage.

Home contents insurance: no — accidental damage is not an insured peril Dedicated watch policy: sudden damage is insurable, repair and restoration costs are covered

Burglary, several watches in the safe

Burglars force the flat and take a safe holding four watches with a combined value of 80,000 euros. The home contents sum insured is 120,000 euros.

Home contents insurance: pays in part — the valuables cap of 20 to 30 percent stops at roughly 24,000 to 36,000 euros Dedicated watch policy: pays the agreed value for listed watches, and the defence of underinsurance is waived

Where a dedicated policy has limits too

Hotel and room safes carry their own sublimit. A simple room safe usually has a lower limit than a rated safe. For theft from a vehicle, how it was locked and how the watch was kept are examined. A sublimit of EUR 25,000 can be agreed. Watches kept in the open or merely locked away carry lower limits than those in a rated safe.

What applies are the sublimits agreed in your own policy. The points above describe the pattern, not your contract.

Guide

Home contents or watch insurance?

Where the standard policy ends and a dedicated one begins.

Criterion Home contents Watch policy
Cover away from home Rarely — usually only inside the flat Yes, as agreed worldwide wear cover
Valuables cap 20 to 30 % of the total sum insured No flat cap — the agreed sum applies
Settlement basis Depreciated value Agreed value for listed watches
Robbery off the wrist Usually not Covered
Accidental damage and breakage Not covered Covered
Simple loss Not covered Covered
Underinsurance Pro-rata reduction possible Waived
Excess Depends on the contract None envisaged for listed items
Annual cost approx. 40 EUR as an add-on roughly 2 to 4 % of the value

Swipe the table sideways to see all columns.

Luxury watches are only partly covered by a standard home contents policy, and usually not in the way owners expect. Three gaps come up again and again in conversations with our customers.

The first is the valuables cap. Most policies limit jewellery and watches to a flat share of the total sum insured, typically 20 to 30 percent. Anything above that is simply not covered, no matter how carefully you documented the watch.

The second is the away-from-home gap. Home contents insurance insures things in your flat. Wear the watch in town, at the office or on holiday and it is stolen there, and the policy generally does not respond. This wearing risk is exactly what a dedicated watch or valuables policy with external cover is for.

The third, and the most expensive one, is depreciated value instead of market value. Many policies settle at the original purchase price less depreciation. That makes sense for a washing machine. For sought-after sports references from Rolex, Patek Philippe or Audemars Piguet it does not, because those watches often trade well above their former list price. If your policy reimburses what you paid five years ago and ignores today market price, you carry the difference yourself.

This is where trading knowledge beats insurance knowledge. We see what comparable references actually change hands for, every week — visible in our current stock. That figure is what belongs in the policy, not the price you paid five years ago. How it gets documented, and why a listed watch settles differently from an unlisted one, is further down this page.

What to look for when comparing

Agreed value, not depreciated value

For valuable pieces the policy should fix the insured value in advance. That single clause decides whether you can actually buy the same reference again after a loss.

Wear cover

Check whether the watch is insured away from home, and in which countries. Without it the policy only works while the watch sits at home.

Safe and custody obligations

Above a certain sum insured a rated safe to EN 1143-1, a security grade or an alarm system can be required. Unrealistic obligations become a reason to reduce the payout.

Sublimits

The interesting numbers are rarely in the headline sum: hotel safes, vehicles and watches kept in the open each carry their own limit. Ask for them in writing.

Proof requirements

Ask what the insurer accepts as proof of value and ownership. Invoice, photographs, serial number and an independent certificate are the usual set.

Sum insured per piece and in total

For collections check both the cap per watch and the overall limit, and whether the defence of underinsurance is waived.

Value list

Values that grow with your collection

Whether a watch is listed individually in the policy decides what a settlement is based on when something happens.

Listed watch

Maker, model, reference number and an agreed value are recorded individually in the policy or value list.

In a total loss the agreed value is the basis of the settlement No excess envisaged for listed items

Unlisted watch

Insured within a shared sum insured, without being named individually.

Flexible, no individual notification needed The value has to be evidenced after the event

For particularly valuable or rare watches, listing them individually is therefore usually the better answer.

Agreed value

The amount fixed for a specific watch before the contract starts. If it disappears completely or is destroyed, that figure is the basis of the settlement, limited by the sums insured and sublimits agreed.

Not the purchase price

What matters is the amount needed to replace a watch of the same kind and quality at the time of valuation. For rare models the two can differ sharply.

25 percent provision

For increases in value and new acquisitions an automatic provision of 25 percent of the agreed sum insured is envisaged. The broker has to be informed by the end of the current period of insurance.

Waiver of underinsurance

The insurer waives the defence of underinsurance, so a claim is not reduced merely because the collection is worth more in total than the sum insured. The agreed maximum payouts and sublimits still apply.

Cover for defective title

If a watch acquired after the contract started has to be handed back to its rightful owner, the financial loss can be insured up to the agreed maximum — provided the usual care was taken at purchase.

Family included

Further people can be named as insured persons, if necessary for an additional premium. The insurer waives recourse against the policyholder, family members and partners unless intent is proven.

The value list is our discipline

What the insurer wants for a listed watch — maker, model, reference and serial number, current value, photographs, invoice — is exactly what the MWB-CHECK documents anyway. We see every week what comparable references actually change hands for, visible in our current stock. That valuation is the basis for your value list, for a claim, and for the day you decide to sell the watch on consignment.

About the MWB-CHECK

Claims

When something has happened

The process from the first call to the payout — and the documents needed along the way.

Step 1

Report the claim

Tell Douglas · Machat as soon as you reasonably can. The next steps are agreed with you from there.

Step 2

File a report

In case of theft, robbery or loss, report it to the police without delay. Do not alter a damaged watch before repair unless immediate action is needed to limit the damage.

Step 3

Gather the documents

Put together what evidences the course of events, the piece affected and its value. The list below covers what is usually asked for.

Step 4

Assessment

Damage can be assessed by a suitable expert, and you may bring in one of your own. The cost of an assessment commissioned by the insurer is borne by the insurer.

Step 5

Settlement

Once the claim has been established in principle and in amount and released by the insurer, settlement within seven working days is envisaged. If the released amount does not arrive in time, interest at the statutory default rate is provided for. Payment normally goes directly to the policyholder.

Documents for a claim

A description of how the damage occurred An extract from the value list showing which listed watch is affected Photographs of the damage Purchase receipt or invoice Certificate, warranty card or archive extract Reference and serial number A current proof of value Police report or loss notification Repair quote or statement from a specialist workshop

Only the documents actually needed to assess your specific claim are requested.

Total loss

For a listed watch the agreed value is paid. For an unlisted one the settlement follows the evidenced replacement price of a watch of the same kind and quality. On full settlement, ownership of the damaged or recovered watch can pass to the insurer.

Repairable damage

The necessary repair and restoration costs are covered. If a demonstrable loss in value remains despite a proper repair, that can be taken into account as well. The total settlement is capped at the agreed value.

The watch turns up again

If full settlement has already been paid, the watch generally becomes the property of the insurer. You keep a contractual right to buy it back at the lower of the settlement paid or the market value at the time of recovery, exercisable within 60 days of being told it was found.

Additional costs

Alongside the loss itself, further necessary costs can be covered: limiting the damage, transport and storage, changing locks, travel to recover the piece, legal advice and psychological support after a robbery, burglary or fire. The maximum amounts set out in the terms apply.

Contract

Contract and personal support

What the contract settles, and what Douglas · Machat needs in order to quote.

Excess

For individually listed valuables no excess is envisaged. For unlisted values a general excess can be agreed; the amount is shown in the quote and in the policy.

Cancellation

Under the intended contract design the policyholder can cancel on any day. The insurer can end the contract at the annual renewal date, observing the agreed notice period.

Your contact

All dealings with the insurer run through Douglas · Machat — from the first report through assessment to repair, replacement or payout.

What we need for a quote

Maker and model Reference and serial number Purchase price or current value Purchase receipt or valuation Current photographs of the watch and all accessories Where it is usually kept Any safe and its security grade Whether worldwide wear cover is wanted Details of further watches or valuables

For larger collections we work out a structure for the value list, storage and wear risk together with you.

Start an enquiry

FAQ

Frequently asked questions about watch insurance

Insurance with a feel for value

What does watch insurance cost?
All-risks cover for a watch costs roughly 2 to 4 percent of the insured value per year. For a watch worth 10,000 euros that is about 220 to 340 euros a year in the typical case. Two things move the figure: how the watch is kept when you are not wearing it, and how often it leaves the house. A rated safe can bring the rate down to around 1.5 percent, daily wear abroad pushes it towards 4 percent.
Why does my watch need its own policy?
Because a valuable watch usually needs more protection than a standard household policy provides. Wearing it, travelling with it, accidental damage, a loss: these are exactly the points where standard contracts leave substantial gaps or cap the payout at a low limit.
Are watches covered by home contents insurance?
At home usually yes, but only up to a valuables cap that often sits at 20 to 30 percent of the total sum insured. As soon as you wear the watch away from home, that cover generally no longer applies.
Can you insure luxury watches?
Yes. Specialist watch and valuables policies are built for exactly this. Pre-owned watches are insurable too, and the current market value rather than the original invoice is what counts.
Which insurance covers watches?
For a watch on your wrist you need a dedicated watch or valuables policy with wear cover. Home contents insurance covers the watch inside your home, and even there only up to a limit.
Who is behind this solution?
Advice, contract design and ongoing support come from Douglas · Machat & Cie. GmbH, an independent insurance broker based in Vienna, specialised in high-value private assets. MWB introduces you and contributes the valuation. The insurance contract is concluded between you and the broker or the respective insurer.
Who is it for?
For people who own an exceptional watch, and especially for collectors with several pieces. Alongside watches, jewellery and gemstones, gold, platinum and silver objects, art and design pieces, classic cars and other collector items can be included.
What sets it apart from a standard household policy?
Instead of a standardised cover it is an all-risks concept: protection against damage, destruction, theft, loss and disappearance, worldwide wear cover, agreed values, provision for rising values, a waiver of underinsurance, no excess on listed items and personal support in a claim. What applies in your case is what the individual policy sets out.
Is watch insurance worth it?
It is worth it as soon as you wear the watch away from home regularly. If the watch almost always stays in the safe, extending your home contents policy with valuables cover can be the cheaper answer.
What does it cost to insure a Rolex?
At a market value of around 12,000 euros the annual premium sits at roughly 270 to 410 euros for all-risks cover in the typical case. What matters is the current market value, which for sought-after references can be well above the former list price.

What is covered

Which perils is my watch insured against?
Insured watches are covered in principle against destruction, damage, theft, loss and other disappearance from causes of any kind. It does not have to be one of a few named perils such as burglary or fire. Cover generally also applies to other sudden and unforeseen events, unless an express exclusion applies.
Is my watch insured if I lose it?
Yes. Loss and other disappearance can be covered. What matters is the agreed worldwide wear cover, how the watch was kept, and the sums insured and sublimits set out in the policy.
What happens if I drop my watch?
Sudden damage, for instance from a fall, is insurable in principle. That can cover the crystal, the case, the bracelet or the movement. Not insured are ordinary signs of use, age-related wear and damage arising purely from normal use.
Are my own mishaps covered?
In principle yes. Cover extends to unforeseen damage caused by clumsiness or negligence. Under the intended terms the insurer even waives the defence of gross negligence in causing the loss. Damage caused deliberately remains excluded.
Are technical defects covered?
Sudden and unforeseen technical or mechanical damage can be covered under the clause for technical defects. Not covered are ordinary wear, lack of servicing, faults already known, foreseeable age-related changes, and damage the manufacturer or supplier is legally or contractually responsible for. Whether a technical fault is covered is assessed from its specific cause.
Is my watch insured worldwide?
Yes. Worldwide cover can be arranged for wearing the watch and taking it along temporarily outside the agreed locations, subject to the sublimits and storage conditions set out in the policy. If a watch is kept permanently at a second residence, that address should be named in the policy.
What exactly does wear cover mean?
Wear cover applies when an insured person wears the watch as intended or carries it safely in personal custody in a suitable container, within their immediate control and accessible at any time. That can cover the watch at a restaurant, on a business trip, on holiday or at an event, up to the individually agreed limit.
Is the watch insured on holiday?
Yes, cover can extend worldwide while travelling. Different limits can apply depending on whether the watch is worn, carried personally or kept in a hotel or room safe. A simple room safe usually carries a lower limit than a rated safe.
Can I leave my watch in the hotel room?
In principle yes, provided it is kept securely in line with the contract. A separate sublimit is agreed for hotel and room safes. Valuable watches should not be left out in the open in a hotel room or simply in your luggage.
Is my watch insured in the car?
That depends on the situation and on what was agreed. Valuables should not be left visible or in an unlocked vehicle. For theft from a vehicle, how it was locked, how the watch was kept and the circumstances of the loss are examined. A sublimit of EUR 25,000 can be agreed.
Do I have to keep my watch in a safe at home?
That depends on the value of the watch or collection and on the sum insured you want. For higher values certain requirements can apply, for instance a rated safe to EN 1143-1, a particular resistance or security grade, an alarm system, or a connection to a monitoring service or the police. Which measures are required is settled transparently before the contract starts.
Is my watch insured outside the safe?
Yes, but watches kept in the open or merely locked away often carry lower limits than those in a rated safe. The limits can also depend on whether the location has an alarm system.
What is not covered?
An all-risks policy has limits too. Not covered are in particular deliberately caused damage, ordinary wear and age-related change, damage from normal use and consumption, gradual effects such as rust or oxidation, known pre-existing damage and its worsening, certain warranty and guarantee cases, official seizure, and war, nuclear and certain cyber risks. The full list of exclusions follows from the respective policy and the agreed terms.

Values that grow with your collection

What sum should I insure my watch for?
At the current replacement value, not at the purchase price. For sought-after sports references the market value is often above the former list price, so anyone insuring at what they paid ends up underinsured.
What is the difference between a listed and an unlisted watch?
A listed watch is recorded individually in the policy or value list with maker, model, reference number and a specific insured value. In a total loss that agreed value is in principle the basis of the settlement. An unlisted watch is insured within a shared sum insured, but its value has to be evidenced with suitable documents when a claim arises. For particularly valuable or rare watches, listing them individually is therefore usually worthwhile.
What does agreed value mean?
The agreed value is the amount fixed for a specific watch before the contract starts. If the watch disappears completely or is destroyed, that amount is in principle the basis of the settlement, limited by the sums insured and sublimits agreed. It creates clarity in particular for rare, discontinued or appreciating models.
Does the insured value have to match the purchase price?
No. The original purchase price and the current replacement or market value can differ considerably. What matters is the amount that would be needed to replace a watch of the same kind and quality at the time of valuation. For rare models a current valuation can therefore make sense.
What happens if my watch rises in value?
For increases in value and new acquisitions an automatic provision of 25 percent of the agreed sum insured is envisaged. The condition is that Douglas · Machat is informed of the increase or the new purchase by the end of the current period of insurance. That is a valuable buffer, but keeping the value list current still matters.
Is a newly bought watch covered straight away?
New acquisitions can initially be protected by the automatic provision. The new watch should still be reported as early as possible. Valuable individual pieces are then added to the contract with their value and the required details.
What does waiver of underinsurance mean?
The insurer waives the defence of underinsurance. A claim is therefore not reduced pro rata merely because the total value of the insured collection is arithmetically higher than the agreed overall sum insured. The maximum payouts and sublimits agreed in the policy still apply.
What if the seller was not the rightful owner?
For such cases the insurance includes cover for defective title. If a watch acquired after the contract started has to be handed over to its rightful owner, the financial loss can be insured up to the agreed maximum. One condition is that the usual care was taken at purchase. This is of particular interest to collectors buying on the international secondary market.
Can I insure several watches together?
Yes. Individual watches can be listed with agreed values and supplemented by a shared sum insured for further pieces that are not named individually. For larger collections, storage, wear risk and limits are structured individually.
Can family members be insured too?
Yes. Further people can be named expressly as insured persons in the policy, if necessary for an additional premium. That makes sense when spouses, partners or other family members wear watches or jewellery from a shared collection. If a family member causes damage accidentally, the insurer in principle waives recourse unless intent is proven.
Can I insure jewellery and other valuables as well?
Yes, cover can go well beyond wristwatches. Insurable are in particular jewellery, gems, gemstones, pearls, gold, platinum and silver objects, coins, medals, stamps and other high-value collector items. Depending on need, valuable handbags, historic luggage, cameras, wines, firearms and other special objects can be included.

When something has happened

What do I have to do when a claim arises?
Inform Douglas · Machat about the damage as quickly as you reasonably can. In case of theft, robbery or loss a police report should also be filed without delay. Damaged watches should not be altered before repair unless immediate action is needed to limit the damage. The next steps are then agreed with you.
What proof do I need when I make a claim?
Depending on the case the following can be needed: a description of how the damage occurred, an extract from the value list showing which listed watch is affected, photographs of the damage, purchase receipt or invoice, certificate, warranty card or archive extract, reference and serial number, a current proof of value, the police report or loss notification, and a repair quote or a statement from a specialist workshop. Only the documents actually needed to assess your specific claim are requested.
What do I get in a total loss?
For a listed watch the value agreed in advance is in principle paid. For an unlisted watch the settlement follows the evidenced replacement price of a watch of the same kind and quality. The maximum payouts agreed in the contract remain decisive. On full settlement, ownership of the damaged or recovered watch can pass to the insurer.
What happens with repairable damage?
For an insured partial loss the necessary repair and restoration costs are covered. If a demonstrable loss in value remains despite a proper repair, that can be taken into account as well. The total settlement is capped at the agreed value or the relevant replacement value.
Can I bring in my own expert?
Yes. Damage can be assessed by a suitable expert, and the policyholder is entitled to bring in one of their own. The cost of an assessment commissioned by the insurer is borne by the insurer.
How quickly is a claim paid out?
Once the claim has been finally established in principle and in amount and released by the insurer, settlement within seven working days is envisaged. If the released amount does not arrive within that period, the terms provide for interest at the statutory default rate.
Who is the settlement paid to?
Payment is normally made directly to the policyholder. On request, payment to another insured person or an entitled third party can be agreed in an individual case.
What if a stolen watch turns up later?
If full settlement has already been paid, the recovered watch generally becomes the property of the insurer. The original owner keeps a contractual right to buy it back. The price is the lower of the settlement paid or the reasonable market value at the time of recovery. Once you have been informed of the recovery, 60 days are available to exercise that right.
Are additional costs covered too?
In an insured claim, further necessary costs can be covered alongside the loss itself, for instance limiting the damage and securing the property, transport and interim storage, changing locks, travel to recover the piece, legal advice, and psychological support after a robbery, burglary or fire. The maximum amounts set out in the terms apply to each type of cost.

Contract and personal support

Is there an excess?
For listed valuables no excess is envisaged in the solution offered. For unlisted values a general excess can be agreed, and the amount is shown in the quote and in the policy.
Can I cancel the contract?
Yes. Under the intended contract design the policyholder can cancel on any day. The insurer can end the contract at the annual renewal date, observing the agreed notice period.
What is needed for a quote?
For an initial assessment the following are usually helpful: maker and model, reference and serial number, purchase price or current value, purchase receipt or valuation, current photographs of the watch and all accessories, where it is usually kept, any safe and its security grade, whether worldwide wear cover is wanted, and details of further watches or valuables. For larger collections a suitable structure for the value list, storage and wear risk is worked out together.
Who supports me when something happens?
Your contact stays Douglas · Machat. All dealings with the insurer run exclusively through them, which means personal support instead of an anonymous claims hotline, from the first report through assessment to repair, replacement or payout.
What should I look for when comparing policies?
Five points: settlement at an agreed value rather than a depreciated one, wear cover for taking the watch out and about, realistic safe and custody obligations, the sublimits for hotel safes, vehicles and open storage, and whether the defence of underinsurance is waived.

Important information

MWB AG is not an insurer and does not provide insurance advice or insurance mediation within the meaning of section 34d of the German Trade Regulation Act. On request we put you in touch with Douglas · Machat & Cie. GmbH, an independent insurance broker based in Vienna. Advice, contract design and mediation are provided exclusively there; the insurance contract is concluded between you and the broker or the respective insurer.

The figures given on this page are non-binding estimates based on customary market rates. Depending on how the watch is kept and how often it is worn away from home they run to roughly 1.5 to 4.5 percent of the insured value per year. They are gross figures including insurance premium tax and do not constitute an offer. No tariff rates from the partner underlie them. The premium calculator is being revised at present and is temporarily not showing an estimate. The actual premium depends on the provider, the tariff, the model, how the watch is used and any prior claims, and may differ considerably.

The descriptions of cover on this page reflect the concept as it stood at the time of writing. Only the terms and conditions of the respective insurer are authoritative. Please refer to the contract documents for the scope of cover, exclusions, sums insured, sublimits and any excess. The example values for market prices are benchmarks from our own trading and are not a valuation in the legal sense.

We prepare the content of this page with care and keep it up to date. We do not warrant that the information — in particular the market values, percentage rates, worked examples and descriptions of cover — is accurate, complete or current. The content is general in nature, does not replace an assessment of your individual case and creates no entitlement. Status: 08/2026.

Time for the right cover

Whether it is a first luxury watch, a rare collector piece or a collection grown over years — the cover is matched to your values, to how you keep them and to how you wear them. If you would first like to know what your watch is worth today, that is what the MWB-CHECK establishes.

Make a non-binding enquiry