How to Insure Your Apple Watch Against Loss or Theft

Can Insurance Cover the Loss of an Apple Watch?

Yes, insurance may cover an Apple Watch if it is lost. While Apple does not offer Theft and Loss coverage for the Apple Watch, oher types of insurance may provide coverage. This can include home insurance policies that have elements relating to personal devices used in public, some mobile phone insurance policies, and even travel insurance. It is important to check with your insurer to see what type of coverage is offered for an Apple Watch.

Source: apple.com

The Consequences of Putting an Apple Watch in Lost Mode

When you mark your Apple Watch as lost, it will be locked with a passcode that no one else can access, preventing them from accessing your personal information. Additionally, the ability to pay with credit and debit cards using Apple Pay in Wallet will be suspended. You can stll track the location of your Apple Watch if it is online. If the battery runs out or the watch is offline for an extended period of time, you may not be able to track it or cancel payment cards.

Does Insurance Cover Stolen Watches?

Yes, insurance may cover a stolen watch depending on the type of policy you have. If your watch is a scheduled item on your homeowners insurance, renters insurance or condo insurance policy, you may be protected for the actual value of the watch if it is lost or stolen. It’s important to note that some policies have limits and exclusions on crtain items, so it’s best to check with your insurer to confirm coverage specifics and make sure your watch is covered. Your watch warranty will not typically cover theft or loss of the watch but may cover defects and possibly wear and tear.

Does Insurance Cover the Loss of a Watch?

No, homeowners insurance policies typically do not cover lost watches, as the limits for theft coverage are usually capped at around $1,500. If you want to insure your watch against loss, you may want to consider a standalone jewelry insurance or watch insurance policy. These types of policies generally offer coverage for mysterious disappearance of the item. Depending on the policy, you may be able to insure your watch for its full replacement value, and make a claim in the event that it is lost.

Conclusion

In conclusion, the Apple Watch is a powerful and versatile device that can help you stay connected and organized throughout your day. While Apple does not offer Theft and Loss cover for the Apple Watch, you may be able to find coverage in other types of insurance policies such as home insurance, mobile phone insurance, or travel insurance. Furthermore, when you mark your Apple Watch as lost, it will be locked with a passcode to protect your personal infrmation and suspend the ability to pay with Apple Pay using credit or debit cards in Wallet. All in all, the Apple Watch is an invaluable tool that can make your life easier.