A typical homeowner’s policy is designed to protect your home and its contents, usually limiting coverage of watches to a maximum amount, typically $5,000 or less. So if your watch costs more than that, you won’t be able to replace it with a similar item.

WonderCare Insurance will provide “all-risk” coverage for most causes of loss, with no deductible, so you can protect your watches without worry. That means, if you break a watch, lose it, can’t find it, or it’s stolen, you’ll be compensated in no time at all, so you can purchase another watch exactly like you had.

No, this is a $0 deductible policy. Adding a deductible is not available.

If the market value of a watch covered on your policy has increased before a loss, we’ll pay the market value before the loss – up to 150% of your watch’s insured value. This is subject to the maximum amount of coverage of your watch collection.

However, as each watch is unique and values fluctuate over time, we recommend periodically tracking the market value of your watches so that you’re best protected.

Appraisals are only needed for watches valued at $100,000 or more and can be submitted up to 90 days after your policy starts. WonderCare can assist in getting your digital appraisal completed.

If WonderCare recovers a lost or stolen watch, we will offer you the opportunity to buy it back at the same amount that was paid out at the time of loss. Should you prefer to keep the payout, WonderCare will retain the watch.