Can you get insurance for Rolex watch in Australia, yes you can get watch insurance via contents insurance specified portable valuables, standalone jewellery and watch insurance, or specialist watch insurance. Rolex watches worth $10K to $50K can be insured under home contents insurance as specified portable contents away from home, with most insurers like NRMA, Allianz, Budget Direct allowing you to list watch with valuation certificate, costing $100 to $300 per year for $10K Rolex, with excess $100 to $500, covering theft, loss, accidental damage and mysterious disappearance worldwide, with new for old replacement. For higher value Rolex $20K to $50K, specialist jewellery insurance from Q Report, Jewellers Mutual or Centrestone offers better cover with $0 excess, worldwide cover and no depreciation, costing $150 to $400 per year per $10K value, about 1.5% to 2.5% of value, so $20K Rolex $300 to $500 per year. You need valuation certificate from authorised dealer or valuer $100, and proof of purchase. Some insurers require watch to be worn or in safe. For example, Q Report covers Rolex for theft, damage and loss with $0 excess and same day replacement. So yes, you can insure Rolex watch via contents specified portable or specialist jewellery insurance for $150 to $500 per year for $10K to $20K Rolex, covering theft, loss and damage worldwide.
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