Anticipate the risk : Watch insurance, a necessity amid rising thefts on the Côte d'Azur
The Côte d’Azur, particularly Cannes and Saint-Tropez, has recently been plagued by watch thefts.
Thieves are targeting prestigious watch brands such as Rolex, Patek Philippe, and Breguet. The most notable theft involved a “Richard Mille” watch worth 100,000 euros, snatched directly from Richard Mille’s wrist in Saint-Tropez. It is crucial to protect your watch against theft with luxury watch insurance. Don’t let a theft impact your safety and peace of mind—subscribe to Watch for Life watch insurance today!
Initially categorized as organized gang theft, this watch theft is now being prosecuted as violent robbery and criminal conspiracy.
The case began with the snatching of a Breguet watch valued at 34,000 euros. Witnesses to the watch theft reported the presence of a Golf car with Spanish plates, used to transport the aggressors. Analysis of the thieves’ phones connected various individuals, including a video showing two gang members simulating a watch snatching.
Gendarmes quickly linked the luxury watch theft to other similar thefts in Saint-Tropez and Cannes. The criminals operated in teams of four, with two thieves responsible for stealing the watch and two drivers. They followed their victims before striking.
Despite this organization, all the accused changed their stories multiple times in court, denying the facts except for one, who admitted to stealing a Patek Philippe watch in Saint-Tropez.
Given the rise in luxury watch thefts, it is crucial to take protective measures. Watch for Life offers specialized insurance for your luxury watch, ensuring peace of mind in case of theft, loss, or accident.
Insure your watch collection and protect yourself against theft
Your passion for exceptional watches is as unique as the fine pieces that adorn your collection. However, in this dynamic world, it’s crucial to guarantee the security and preservation of these timeless jewels. Accurately valuing your collection can help you ensure adequate coverage in the event of theft, loss or damage. That’s where we come in, to offer you a precise, personalized appraisal.