Whether you inherited a vintage Rolex Submariner or recently spent thousands on new Grand Seiko, your first priority is to make sure your timepiece is serviced with care. That means you’ll need to make some time to research the watch repair businesses in your area. The most critical question to put at the top of your list: Does the shop carry insurance? We asked our readers to weigh in on that all-important topic and here’s what they had to say:
Yes. To Shield the Company From Financial Culpability
In general, watch repair firms should have insurance in case something goes wrong during service. Accidents can happen in any sector, including watch repair. If a watch is broken or lost while being repaired, the repair shop may be held accountable for the expense of repairing or replacing the watch.
In the event of an accident or incident, insurance might help to shield the repair company from financial culpability. It can also help to reassure clients that their timepieces are safe in the hands of the repair shop.
However, not every watch repair shop is insured. Smaller repair shops or those that specialize in less costly timepieces may have fewer insurance policies since the cost of coverage is excessive. Customers may be required to sign a waiver or release form in some situations, which releases the shop from obligation in the event of damage or loss during the repair procedure.
This is a crowdsourced article. Contributors' statements do not necessarily reflect the opinion of this website, other people, businesses, or other contributors.