Help! My watch was stolen right off my wrist!

01 Aug 24, Sofia

<strong>Help! My watch was stolen right off my wrist!</strong>

Imagine the following situation: you’re heading home after work, tired, stuck in traffic, your mind racing with thoughts from the busy day, trying to relax with some good music playing in your car. Suddenly, a motorcyclist speeds by, displacing your side mirror. Startled, you open the window to adjust your mirror and… someone grabs your left hand and snatches your expensive watch. You’re stunned, and the thief is already out of sight…

Here’s another scenario: you’re packing for a trip to a favorite destination, planned everything down to the last detail, made reservations at the best restaurants and bars. You arrive, settle in, and get ready for dinner. On your way, a stranger approaches you, asks something harmless, even pays you a compliment. Unexpectedly, someone from behind grabs your left hand, and in the next moment,

you see your watch disappear in a split second.

You’ve probably seen similar videos on social media, and unfortunately, they are no longer rare but a trend in big cities and busy tourist destinations frequented by wealthy people. Over the past few years, watch thefts have significantly increased worldwide. In Europe, especially in capitals like London, Paris, and Rome, high-quality watch robberies have risen by over 25%. In Bulgaria, according to Ministry of Interior statistics, luxury watch thefts have increased by about 20% over the same period. It is estimated that in the last 5 years, watches worth a total of 162 million pounds have been stolen in London alone.

Can we protect our watches?

Being more cautious, not trusting too easily, always being aware, and choosing the places you visit carefully can help, but there’s no guarantee it will protect you, and it’s impossible to always be on guard. What do you do to protect your car from theft, for example? The answer is simple: insurance.

For the first time in our country, it is now possible to protect your luxury watch from being snatched off your wrist, as well as an entire collection of valuable watches from theft from a home safe or bank vault, with worldwide coverage. Besha Shield, developed by BESHA-B in collaboration with Bulstrad Vienna Insurance Group, a leading insurance group in the Central and Eastern Europe region, offers this protection. Brands that can be insured include Patek Philippe, Rolex, Audemars Piguet, Cartier, Tag Heuer, Vacheron Constantin, Omega, Breitling, Panerai, IWC, and others. Compensation for damages is processed within 15 working days following the incident. The process involves the appraisal of the watch or collection, determining insurance coverage, selecting the appropriate plan, and activating the policy.

Benefits of Insurance

The loss of a valuable item causes not only emotional but also financial damage. Insuring your valuable watches offers numerous advantages and is a reliable tool for protecting your investments. It is the only sure way to recover the value of your timepieces in case of robbery or theft at home or while traveling abroad. This way, you ensure peace of mind and security even in the event of an unpleasant incident, and the quick payout of damages will allow you to recover the loss. Insurance plans are flexible enough to be adapted to the specific needs of your collection, providing maximum protection worldwide. Luxury watches are not only valuable possessions but also significant financial investments. Insurance guarantees that they will be protected from unexpected losses. Doctors say that prevention is the best way to avoid treatment. Although we want to believe that "this can’t happen to me," we all know that nothing in this world is certain. However, there are measures we can take to prevent and minimize the risks of potential unpleasant events. Insuring our valuable possessions is a form of prevention and the most reliable tool to save us from painful financial losses.

Book an Appointment

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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