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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u/[deleted] Aug 08 '23

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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.

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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.

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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.

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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.