Frequent cases of theft of watches
In recent years, watch thefts have increased significantly worldwide. According to international research data, thefts of luxury watches through robbery have risen by about 30% during the period from 2021 to 2023. In Europe, especially in major cities like London, New York, Paris, and Rome, thefts of high-end watches have increased by over 25%. It is estimated that in the past five years alone, watches worth a total of £162 million have been stolen in London, which amounts to more than £30 million per year. In Bulgaria, according to statistics from the Ministry of Interior, thefts of luxury watches have increased by about 20% over the same period. Public figures and collectors often become victims of these illegal acts, but ultimately, no one is immune. This alarming trend clearly highlights the need for reliable insurance to protect your valuable possessions.
Watch insurance
Watches are not just devices that tell time – they are symbols of style, status, and heritage. Whether you own a classic mechanical watch or an entire collection, it is important to protect them from unforeseen events. Unique in Bulgaria, the watch insurance from Besha-B, in collaboration with the largest asset insurance company, Bulstrad Vienna Insurance Group EAD, offers exactly that – peace of mind and security for your valuable accessories.
Theft and robbery
Our insurance plans cover the following risks:
· Theft or robbery: Protection against theft of your watch, including robbery from the wrist.
· Protection for entire collections: Insurance for entire watch collections stored in safes.
· Worldwide coverage
· Compensation for damages within 15 business days after the incident
Range
Our insurances are designed for anyone who owns a valuable watch or watch collection. We can cover brands the following watch brands - Patek Philippe, Rolex, Audemars Piguet, Cartier, Tag Heuer, Vacheron Constantin, Omega, Breitling, Panerai, IWC and more. The insurance is suitable for:
- Anyone who wants to protect their investment
- Luxury watch collectors
- People who frequently travel abroad for work or pleasure
- Professionals who rely on high-quality watches in their daily lives
- Owners of rare or limited edition watches
Limits
| Limit 1 / Limit 2* in EUR | Limit 1 in EUR | Limit 2 in EUR | ||
| Option 1 | 10,000 | Option 1+ | 10,000 | 20,000 |
| Option 2 | 15,000 | Option 2+ | 15,000 | 30,000 |
| Option 3 | 20,000 | Option 3+ | 20,000 | 50,000 |
| Option 4 | 25,000 | Option 4+ | 25,000 | 100,000 |
| Option 5 | 30,000 | Option 5+ | 30,000 | 120,000 |
| Option 6 | 40,000 | Option 6+ | 40,000 | 160,000 |
| Option 7 | 50,000 | Option 7+ | 50,000 | 200,000 |
| Option 8 | 70,000 | Option 8+ | 70,000 | 300,000 |
| Option 9 | 100,000 | Option 9+ | 100,000 | 400,000 |
* Options are duplicated WITH and WITHOUT an increased aggregate limit for checkout collections.
Ask our consultants
The process is easy and convenient:
Appointment: Schedule a meeting with our consultant.
Watch evaluation: Based on the purchase document and serial number you provide, our experts will assess the value of your watch to determine the appropriate insurance coverage. If you do not have such a document, an expert evaluation of the value will be made.
Plan selection: We offer various insurance packages according to your personalized needs and budget.
Policy activation: After you choose a plan and pay the corresponding insurance premium, the insurance will be activated immediately.
Why choose Besha?
Standing on its family values, professionalism and watchmaking expertise for more than 30 years, BESHA-B EOOD brings the luxury and perfection of the Rolex company to Bulgaria, by building long-lasting relationships with customers, offering uncompromising quality of watches and service. In addition to selling luxury watches, we offer official Rolex watch service, tax free services and now watch insurance. Our commitment is to provide our customers with the best and complete service and protection for their valuable accessories.
Insurer
ZEAD "BULSTRAD VIENNA INSURANCE GROUP" Vienna Insurance Group (VIG) is the leading insurance group in the Central and Eastern Europe (CEE) region. Over 50 insurance companies and pension funds from 30 countries form the Group, which boasts a long tradition, strong brands and a close relationship with customers. Nearly 29,000 VIG employees look after the needs of around 32 million customers every day. VIG shares have been traded on the Vienna Stock Exchange since 1994, the Prague Stock Exchange since 2008 and the Budapest Stock Exchange since 2022. The group has an "A+" rating with a stable outlook from the internationally recognized rating agency Standard & Poor's. VIG cooperates actively with Erste Group, the largest bank for individual banking in Central and Eastern Europe.
Consultations
For more information about our watch insurance, to receive a free consultation, or to schedule an appointment, please contact us at:
Phone: +359 2 981 38 70
Mobile: +359 882 908 244
Email: beshashield@besha.bg
Address: 34 Vitosha Blvd., 1000 Sofia, Bulgaria
Don't leave the security of your valuable watches to a chance. Contact Besha-B today and ensure their protection!
besha collections
Rolex Boutique
34 Vitosha Blvd.
,
1000 Sofia, Bulgaria
+359 2 981 38 70
+359 899 876 369
info@besha.bg
Service
34 Vitosha Blvd. ,
1000 Sofia, Bulgaria
+359 2 980 84 39,
+359 882 908 244
service@besha.bg
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