Note: This will take less than 30 minutes and it could easily save you thousands of dollars. If you're a hot-head it might even save your life – or save you from doing something stupid that could put your life at risk. --- This thread (and this IG <- just read some of these stories) had me reflecting on my current risk level and exposure, especially as I get ready to move from a country with almost no crime (especially residential break-ins) to one with much more burglary and petty crime, unfortunately. So I picked up the phone and called my insurance company. Explained my hobby, got specific about dollar amounts, and went through different scenarios. Scenarios like, someone breaks into my house and takes everything. Or, I'm on my way home late at night and someone puts a knife to my chest, etc. etc. I got a quote on a new policy that is, well, incredible and puts me completely at ease. And having dealt with this particular insurance company in the past, I know how good they are at actually paying out and following through with no fine-print gotchas or other BS. Find out what your current level of coverage offers. And if you don't like it, call around and compare it to what others offer. As someone who owns watches, these are the sorts of questions you need to ask re: your policy in addition to the obvious ones (such as the deductible). --- * Do I need to document and register valuable items in advance? * Do you make any distinction between coverage of watches made of precious metals v. watches made of steel (mine does) * Do they have a per item value limit for the purposes of reimbursement? * What about accidental damage? Flood and fire damage? * Does it cover just items in my house or also on my person when out and about? * Does it cover items not in my house or on my person? (e.g. in a friend's car, or in a locker at the gym) * All the same above questions / scenarios – but when traveling outside of my home country. --- ^ If you think of any questions to add to this post below and I'll add them. The point is be sure you're insured. And just as importantly, know when you're going into a situation where you are definitely not insured. For ex. knowing they don't cover a break-in to your gym locker may have you re-consider bringing that $35K dollar Rolex with you. The one everyone saw you walk in with only to leave behind a file cabinet wafer-lock any screw-driver can open ...and where there are zero security cameras. It could also save your life in the sense that knowing you are well and fully covered could make the difference between trying to resist v. fully cooperating. I've never been robbed at gunpoint or knifepoint so I don't know how I would react. I'm pretty sure I would fully comply. But knowing someone was walking away with tens of thousands of dollars that I couldn't get back might also encourage a really bad decision, ...especially if they were physically weaker and I saw what looked like an opportunity. I'm just not sure. Long story long – I can almost guarantee that if you don't do your homework beforehand you won't like the outcome later when you make that first call to your insurance company after the fact. Know where you stand, and improve that standing now if you can afford to.