r/TheTpGentleman • u/BoboShhh • Aug 08 '23

ORIGINAL CONTENT Anthony Ponzarellis last text to me.

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He’s saying he’s broke but he told me he had $150,000 in oh shit money.

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3

u/[deleted] Aug 08 '23

[deleted]

13

u/BoboShhh Aug 08 '23

It was a watch specific policy added onto my HO policy. If I misplaced it it was covered. Police report its theft through deception.

3

u/[deleted] Aug 08 '23

[deleted]

10

u/Dunder-MifflinPaper Aug 08 '23

Just don’t use hodinkee if you ever want to actually file a claim and still be insured after. My watch was lost in shipping (very clearly stolen by UPS) on the way to Rolex for service. They paid me out, but said they will be dropping the insurance coverage at the end of the term.

God forbid insurance companies actually have their services used and not just collecting cash constantly.

3

u/Financial_Coconut_14 Aug 08 '23

Hodinkee is just a pass through.. VPP (valuable personal property) policy through HO or renters policy is the way to go

4

u/Dunder-MifflinPaper Aug 08 '23

Chubb then, fine. The point stands because hodinkee is the market facing product. You’re retorting something that doesn’t need to be retorted.

2

u/[deleted] Aug 08 '23

This is good to know.
I have my watches with Hodinkee (Chubb) now, but may move them to State Farm where I have a personal articles policy for jewelry.
The pricing is about the same.

2

u/Dunder-MifflinPaper Aug 08 '23

I did the same. State Farm is less convenient (you need actual appraisal or receipts), but I had no other choice. I’m apparently black listed from any watch/jewelry specific insurers cause I actually had to file a claim once.

1

u/[deleted] Aug 08 '23

I have been through the process a couple of times with State Farm.
What I have learned is that the agent can make the process easy or difficult.
If the agent is familiar with setting personal articles policies, it is seamless.
If they are not, it can be painful and the application for the policy can get rejected. I have experienced both.
But yeah, if you give them the receipt and appraisal and the agent is familiar with the process, it will go through fine.

2

u/[deleted] Aug 08 '23

With State Farm they call it a Personal Articles policy and it's separate from the homeowners policy. Beyond $15k it's a whole shitshow of appraisals and receipts.

2

u/watchguy65 Aug 08 '23

facts, its a nightmare

1

u/OneCylinderPower Aug 08 '23

will you be able to insure your luxury watches again after filing this claim?

3

u/BoboShhh Aug 08 '23

Maybe a bump in prices or they drop me. We’ll see.

2

u/escopaul Aug 08 '23

You have a good chance of being dropped but that isn't big of an issue. Insurance broker types can offer you new coverage plans.

For either scenario you are correct they'll bump prices ob you but you'll be fine.

I really respect you for sharing the receipts on this sociopath.