{"id":220,"date":"2023-04-06T10:00:00","date_gmt":"2023-04-06T10:00:00","guid":{"rendered":"https:\/\/www.luxurybazaar.com\/grey-market\/audemars-piguet-to-replace-stolen-watche\/"},"modified":"2024-11-14T15:42:21","modified_gmt":"2024-11-14T20:42:21","slug":"audemars-piguet-to-replace-stolen-watche","status":"publish","type":"post","link":"https:\/\/www.luxurybazaar.com\/grey-market\/audemars-piguet-to-replace-stolen-watche\/","title":{"rendered":"Audemars Piguet Will Replace Stolen Watches for Free"},"content":{"rendered":"\n<p>Audemars Piguet made major waves this week after announcing an industry-first, free replacement service for stolen and damaged Audemars Piguet watches. Dubbed &#8220;AP Coverage Service&#8221;, this service is big news not only for horology, but the luxury goods market writ large.  Of course, some limitations apply. Read on for a clean sweep of the new AP Coverage Service. <\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"683\" data-src=\"https:\/\/i0.wp.com\/www.luxurybazaar.com\/grey-market\/wp-content\/uploads\/2023\/04\/ap-roc.jpg?resize=1024%2C683&#038;ssl=1\" alt=\"Audemars Piguet Royal Oak Chronograph\" class=\"wp-image-23510 lazyload\" data-srcset=\"https:\/\/i0.wp.com\/www.luxurybazaar.com\/grey-market\/wp-content\/uploads\/2023\/04\/ap-roc.jpg?w=1024&amp;ssl=1 1024w, https:\/\/i0.wp.com\/www.luxurybazaar.com\/grey-market\/wp-content\/uploads\/2023\/04\/ap-roc.jpg?resize=400%2C267&amp;ssl=1 400w, https:\/\/i0.wp.com\/www.luxurybazaar.com\/grey-market\/wp-content\/uploads\/2023\/04\/ap-roc.jpg?resize=768%2C512&amp;ssl=1 768w\" data-sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" src=https://www.luxurybazaar.com/"data:image//gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==/" style=\"--smush-placeholder-width: 1024px; --smush-placeholder-aspect-ratio: 1024\/683;\" \/><noscript><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"683\" src=https://www.luxurybazaar.com/"https:////i0.wp.com//www.luxurybazaar.com//grey-market//wp-content//uploads//2023//04//ap-roc.jpg?resize=1024%2C683&amp;ssl=1\%22 alt=\"Audemars Piguet Royal Oak Chronograph\" class=\"wp-image-23510\" srcset=\"https:\/\/i0.wp.com\/www.luxurybazaar.com\/grey-market\/wp-content\/uploads\/2023\/04\/ap-roc.jpg?w=1024&amp;ssl=1 1024w, https:\/\/i0.wp.com\/www.luxurybazaar.com\/grey-market\/wp-content\/uploads\/2023\/04\/ap-roc.jpg?resize=400%2C267&amp;ssl=1 400w, https:\/\/i0.wp.com\/www.luxurybazaar.com\/grey-market\/wp-content\/uploads\/2023\/04\/ap-roc.jpg?resize=768%2C512&amp;ssl=1 768w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" \/><\/noscript><figcaption class=\"wp-element-caption\"><strong><a href=https://www.luxurybazaar.com/"https:////www.luxurybazaar.com//brands//audemars-piguet//royal-oak///" target=\"_blank\" rel=\"noreferrer noopener\">Audemars Piguet Royal Oak<\/a><\/strong> Chronograph Ref. 26240ST.OO.1320ST.07<\/figcaption><\/figure><div id=\"ez-toc-container\" class=\"ez-toc-v2_0_69_1 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=https://www.luxurybazaar.com/"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=https://www.luxurybazaar.com/"https:////www.luxurybazaar.com//grey-market//audemars-piguet-to-replace-stolen-watche//#what-is-ap-coverage-service\" title=\"What is AP Coverage Service?\">What is AP Coverage Service?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=https://www.luxurybazaar.com/"https:////www.luxurybazaar.com//grey-market//audemars-piguet-to-replace-stolen-watche//#why-is-this-big-news\" title=\"Why it matters\">Why it matters<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=https://www.luxurybazaar.com/"https:////www.luxurybazaar.com//grey-market//audemars-piguet-to-replace-stolen-watche//#eligibility-and-duration-of-ap-coverage-service\" title=\"Eligibility and duration\">Eligibility and duration<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=https://www.luxurybazaar.com/"https:////www.luxurybazaar.com//grey-market//audemars-piguet-to-replace-stolen-watche//#how-to-register-your-watch-for-ap-coverage-service\" title=\"How to Register your Watch for AP Coverage Service\">How to Register your Watch for AP Coverage Service<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=https://www.luxurybazaar.com/"https:////www.luxurybazaar.com//grey-market//audemars-piguet-to-replace-stolen-watche//#what-is-excluded-from-ap-coverage-service\" title=\"What&#039;s excluded?\">What's excluded?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=https://www.luxurybazaar.com/"https:////www.luxurybazaar.com//grey-market//audemars-piguet-to-replace-stolen-watche//#do-new-ap-purchases-still-require-independent-all-risk-watch-insurance\" title=\"Do I still need all-risk watch insurance?\">Do I still need all-risk watch insurance?<\/a><\/li><\/ul><\/nav><\/div>\n\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-what-is-ap-coverage-service\"><span class=\"ez-toc-section\" id=\"what-is-ap-coverage-service\"><\/span>What is AP Coverage Service? <span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Audemars Piguet now provides two years of complimentary coverage for theft and for damage due to &#8220;sudden&#8221; and &#8220;unexpected external factors&#8221;. The Coverage Service offers the repair, replacement or refund of the watch, depending on the situation, at AP&#8217;s sole discretion.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">What You Need to Know About AP Coverage Service:<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>it is completely free of charge, with no premiums or deductibles<\/li>\n\n\n\n<li>it applies to any AP watch purchased in 2022 or after<\/li>\n\n\n\n<li>it does not apply automatically (you need to register your watch with AP)<\/li>\n\n\n\n<li>it is transferable to a new owner (via sale or gift), as long the new owner registers<\/li>\n\n\n\n<li>it covers instances of theft and damage (but there are <a href=https://www.luxurybazaar.com/"https:////www.luxurybazaar.com//grey-market//wp-admin//post.php?post=12010&amp;action=edit#excluded\">limitations on the coverage<\/a>)<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-why-is-this-big-news\"><span class=\"ez-toc-section\" id=\"why-is-this-big-news\"><\/span>Why is This Big News?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>This is the first time in history that a <a href=https://www.luxurybazaar.com/"https:////www.luxurybazaar.com//watches/">luxury watch<\/a> brand has offered free insurance coverage for theft and related damage.  What&#8217;s more, we&#8217;re unaware of any other luxury brands that have similar coverage. The timing for this program is imperative, as<a href=https://www.luxurybazaar.com/"https:////www.nytimes.com//2022//08//10//fashion//watches-thefts-london-los-angeles.html/" target=\"_blank\" rel=\"noreferrer noopener\"> <\/a>luxury watch theft <a href=https://www.luxurybazaar.com/"https:////www.nytimes.com//2022//08//10//fashion//watches-thefts-london-los-angeles.html/" target=\"_blank\" rel=\"noreferrer noopener\">has been on the rise<\/a> around the world over the last few years.  <\/p>\n\n\n\n<p>Audemars Piguet is no stranger to trailblazing in watchmaking, being the first to produce a <a href=https://www.luxurybazaar.com/"https:////www.luxurybazaar.com//grey-market//what-is-a-minute-repeater-watch///" target=\"_blank\" rel=\"noreferrer noopener\">minute repeater watch<\/a>, a jump hour complication and a <a href=https://www.luxurybazaar.com/"https:////www.luxurybazaar.com//grey-market//what-is-a-grand-complication-watch///" target=\"_blank\" rel=\"noreferrer noopener\">grand complication watch<\/a>, to name a few. Being the first to offer this level of customer service is a bold pronouncement about Audemars Piguet&#8217;s positioning in respect of its clientele. <\/p>\n\n\n\n<p><strong>Learn More:<\/strong> <a href=https://www.luxurybazaar.com/"https:////www.luxurybazaar.com//grey-market//the-history-of-audemars-piguet///">History of Audemars Piguet<\/a><\/p>\n\n\n\n<p>Presumably, this would reduce concerns that some prospective buyers might have had about walking around with six figures on their wrist. In other words, it seems like AP doesn&#8217;t want you to worry.  Just enjoy the watch. <\/p>\n\n\n\n<p><strong><strong>Related Content:<\/strong><\/strong><a href=https://www.luxurybazaar.com/"https:////www.luxurybazaar.com//grey-market//how-can-i-recover-my-stolen-rolex-take-these-steps-before-it-happens///" target=\"_blank\" rel=\"noreferrer noopener\"> How Can I Recover My Stolen Rolex? Take These Steps Before It Happens!<\/a><\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"683\" data-src=\"https:\/\/i0.wp.com\/www.luxurybazaar.com\/grey-market\/wp-content\/uploads\/2023\/04\/maroonc-ode.jpg?resize=1024%2C683&#038;ssl=1\" alt=\"Audemars Piguet Code 11.59 ref. 15210BC.OO.A500KB.01\" class=\"wp-image-23517 lazyload\" data-srcset=\"https:\/\/i0.wp.com\/www.luxurybazaar.com\/grey-market\/wp-content\/uploads\/2023\/04\/maroonc-ode.jpg?resize=1024%2C683&amp;ssl=1 1024w, https:\/\/i0.wp.com\/www.luxurybazaar.com\/grey-market\/wp-content\/uploads\/2023\/04\/maroonc-ode.jpg?resize=400%2C267&amp;ssl=1 400w, https:\/\/i0.wp.com\/www.luxurybazaar.com\/grey-market\/wp-content\/uploads\/2023\/04\/maroonc-ode.jpg?resize=768%2C512&amp;ssl=1 768w, https:\/\/i0.wp.com\/www.luxurybazaar.com\/grey-market\/wp-content\/uploads\/2023\/04\/maroonc-ode.jpg?resize=1536%2C1024&amp;ssl=1 1536w, https:\/\/i0.wp.com\/www.luxurybazaar.com\/grey-market\/wp-content\/uploads\/2023\/04\/maroonc-ode.jpg?resize=2048%2C1366&amp;ssl=1 2048w\" data-sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" src=https://www.luxurybazaar.com/"data:image//gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==/" style=\"--smush-placeholder-width: 1024px; --smush-placeholder-aspect-ratio: 1024\/683;\" \/><noscript><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"683\" src=https://www.luxurybazaar.com/"https:////i0.wp.com//www.luxurybazaar.com//grey-market//wp-content//uploads//2023//04//maroonc-ode.jpg?resize=1024%2C683&amp;ssl=1\%22 alt=\"Audemars Piguet Code 11.59 ref. 15210BC.OO.A500KB.01\" class=\"wp-image-23517\" srcset=\"https:\/\/i0.wp.com\/www.luxurybazaar.com\/grey-market\/wp-content\/uploads\/2023\/04\/maroonc-ode.jpg?resize=1024%2C683&amp;ssl=1 1024w, https:\/\/i0.wp.com\/www.luxurybazaar.com\/grey-market\/wp-content\/uploads\/2023\/04\/maroonc-ode.jpg?resize=400%2C267&amp;ssl=1 400w, https:\/\/i0.wp.com\/www.luxurybazaar.com\/grey-market\/wp-content\/uploads\/2023\/04\/maroonc-ode.jpg?resize=768%2C512&amp;ssl=1 768w, https:\/\/i0.wp.com\/www.luxurybazaar.com\/grey-market\/wp-content\/uploads\/2023\/04\/maroonc-ode.jpg?resize=1536%2C1024&amp;ssl=1 1536w, https:\/\/i0.wp.com\/www.luxurybazaar.com\/grey-market\/wp-content\/uploads\/2023\/04\/maroonc-ode.jpg?resize=2048%2C1366&amp;ssl=1 2048w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" \/><\/noscript><figcaption class=\"wp-element-caption\">Audemars Piguet Code 11.59 ref. 15210BC.OO.A500KB.01<\/figcaption><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"eligibility-and-duration-of-ap-coverage-service\"><\/span>Eligibility and Duration of AP Coverage Service<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>All Audemars Piguet watches since 2022 from an official sales channel (boutique, AP house, or official retailer) are eligible for the program:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>watches purchased in 2022 are covered until December 31, 2024; and<\/li>\n\n\n\n<li>watches purchased in 2023 or later are covered for two years from date of purchase.<\/li>\n<\/ul>\n\n\n\n<p>For the AP owners lucky enough to have purchased their watch in January 2022, they now get 19 months of insurance for a watch they purchased 16 months prior.<\/p>\n\n\n\n\n    <div class=\"product-slider-placeholder\" id=\"product-slider-placeholder-673d8bacdfd6c\">\n        <p style=\"color: grey; font-size: 12px; font-weight: 600; text-transform: uppercase;\">Loading, please wait&#8230;<\/p>\n    <\/div>\n    \n\n    <script type=\"text\/javascript\">\n            var data673d8bacdfd6c = {\"title\":\"Browse Audemars Piguet Watches\",\"term_ids\":[4330],\"display_style\":\"simple\",\"site_url\":\"\",\"product_ids\":[],\"height_ratio\":\"2.5\",\"max_width\":\"none\",\"display_mode\":\"swiper\",\"arrow_style\":\"none\",\"pagination_style\":\"default\",\"attribute_relation\":false,\"term_operator\":\"IN\",\"order_by\":\"none\",\"order_asc\":false,\"space_between\":0,\"slides_per_view_small\":1,\"slides_per_view_medium\":2,\"slides_per_view_large\":4,\"slides_per_view_xlarge\":6,\"breakpoint_small\":0,\"breakpoint_medium\":320,\"breakpoint_large\":640,\"breakpoint_xlarge\":960,\"limit\":10,\"skus\":\"\",\"min_price\":0,\"max_price\":0,\"className\":\"is-style-greymarket\"};\n            jQuery.post(\"https:\/\/www.luxurybazaar.com\/wp-json\/luxurybazaar\/v1\/query-products\/\", data673d8bacdfd6c, function(response) {\n                jQuery('#product-slider-placeholder-673d8bacdfd6c').replaceWith(response);\n            }).fail(function() {\n                console.log( \"error\" );\n            });\n        <\/script>\n\n        \n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"how-to-register-your-watch-for-ap-coverage-service\"><\/span>How to Register your Watch for AP Coverage Service<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>To check eligibility and activate the coverage, watches must be <a href=\"https:\/\/www.audemarspiguet.com\/com\/en\/form\/account\/registration.html\" target=\"_blank\" rel=\"noreferrer noopener\">registered<\/a> with AP prior to theft or damage. While the qualifying conditions are simple, and it is not necessary to keep you watch in a safe, AP still must approve the coverage first. To register:<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.audemarspiguet.com\/com\/en\/form\/account\/registration.html\" target=\"_blank\" rel=\"noreferrer noopener\">Create an online AP Account<\/a> (or<a href=\"https:\/\/www.audemarspiguet.com\/com\/en\/form\/account\/login.html?successfulRedirectPath=\/com\/en\/secure\/account\/portfolio.html\" target=\"_blank\" rel=\"noreferrer noopener\"> login<\/a> if you already have one) on the AP website, Your watch should already be in your account.<\/li>\n\n\n\n<li>Register your watch. (You can also now extend the Sales Warranty from 2 to 5 years now.)<\/li>\n\n\n\n<li>Open your watch details, click \u201cActivate AP Coverage Service,&#8221; and upload the requested documents. <strong>Note<\/strong>: if this option isn\u2019t there, your watch isn\u2019t eligible.<\/li>\n\n\n\n<li>Wait for Audemars Piguet to review and confirm the Coverage Service.<\/li>\n<\/ol>\n\n\n\n<figure class=\"wp-block-image size-large\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"683\" data-src=\"https:\/\/i0.wp.com\/www.luxurybazaar.com\/grey-market\/wp-content\/uploads\/2023\/04\/AUDEMARS_PIGUET_26420_309729_1.jpg?resize=1024%2C683&#038;ssl=1\" alt=\"\" class=\"wp-image-23521 lazyload\" data-srcset=\"https:\/\/i0.wp.com\/www.luxurybazaar.com\/grey-market\/wp-content\/uploads\/2023\/04\/AUDEMARS_PIGUET_26420_309729_1.jpg?resize=1024%2C683&amp;ssl=1 1024w, https:\/\/i0.wp.com\/www.luxurybazaar.com\/grey-market\/wp-content\/uploads\/2023\/04\/AUDEMARS_PIGUET_26420_309729_1.jpg?resize=400%2C267&amp;ssl=1 400w, https:\/\/i0.wp.com\/www.luxurybazaar.com\/grey-market\/wp-content\/uploads\/2023\/04\/AUDEMARS_PIGUET_26420_309729_1.jpg?resize=768%2C512&amp;ssl=1 768w, https:\/\/i0.wp.com\/www.luxurybazaar.com\/grey-market\/wp-content\/uploads\/2023\/04\/AUDEMARS_PIGUET_26420_309729_1.jpg?resize=1536%2C1024&amp;ssl=1 1536w, https:\/\/i0.wp.com\/www.luxurybazaar.com\/grey-market\/wp-content\/uploads\/2023\/04\/AUDEMARS_PIGUET_26420_309729_1.jpg?w=1800&amp;ssl=1 1800w\" data-sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" style=\"--smush-placeholder-width: 1024px; --smush-placeholder-aspect-ratio: 1024\/683;\" \/><noscript><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"683\" src=\"https:\/\/i0.wp.com\/www.luxurybazaar.com\/grey-market\/wp-content\/uploads\/2023\/04\/AUDEMARS_PIGUET_26420_309729_1.jpg?resize=1024%2C683&#038;ssl=1\" alt=\"\" class=\"wp-image-23521\" srcset=\"https:\/\/i0.wp.com\/www.luxurybazaar.com\/grey-market\/wp-content\/uploads\/2023\/04\/AUDEMARS_PIGUET_26420_309729_1.jpg?resize=1024%2C683&amp;ssl=1 1024w, https:\/\/i0.wp.com\/www.luxurybazaar.com\/grey-market\/wp-content\/uploads\/2023\/04\/AUDEMARS_PIGUET_26420_309729_1.jpg?resize=400%2C267&amp;ssl=1 400w, https:\/\/i0.wp.com\/www.luxurybazaar.com\/grey-market\/wp-content\/uploads\/2023\/04\/AUDEMARS_PIGUET_26420_309729_1.jpg?resize=768%2C512&amp;ssl=1 768w, https:\/\/i0.wp.com\/www.luxurybazaar.com\/grey-market\/wp-content\/uploads\/2023\/04\/AUDEMARS_PIGUET_26420_309729_1.jpg?resize=1536%2C1024&amp;ssl=1 1536w, https:\/\/i0.wp.com\/www.luxurybazaar.com\/grey-market\/wp-content\/uploads\/2023\/04\/AUDEMARS_PIGUET_26420_309729_1.jpg?w=1800&amp;ssl=1 1800w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" \/><\/noscript><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"excluded\"><span class=\"ez-toc-section\" id=\"what-is-excluded-from-ap-coverage-service\"><\/span>What is Excluded from AP Coverage Service?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Common causes and types of damage from normal wear and tear and environmental factors aren\u2019t covered, but they can still be fixed by<a href=\"https:\/\/www.audemarspiguet.com\/com\/en\/services\/all-services.html\" target=\"_blank\" rel=\"noreferrer noopener\"> AP\u2019s usual servicing<\/a>.  Notably the following is not covered:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>watches that have been serviced or modified by a third-party<\/li>\n\n\n\n<li>damage to a strap (leather, rubber, rubber-coated)<\/li>\n\n\n\n<li>voluntary (intentional) damage<\/li>\n\n\n\n<li>damage when the watch is in the possession of a third party<\/li>\n<\/ul>\n\n\n\n<p>See <a href=\"https:\/\/www.audemarspiguet.com\/com\/en\/services\/faq.html\">AP&#8217;s FAQ section <\/a>for the full list of exclusions. And no, your brother can&#8217;t just &#8220;steal&#8221; your watch. The policy specifically also excludes members of your household&#8230;. and also fraud. <\/p>\n\n\n\n<p>AP retains sole discretion replace or refund a stolen watch.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"do-new-ap-purchases-still-require-independent-all-risk-watch-insurance\"><\/span>Do New AP Purchases Still Require Independent, All-Risk Watch Insurance?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>This ground-breaking free insurance with no premium or deductible goes beyond all-risk watch insurance generally offered by insurance companies. However, it only works with proper documentation, including a photo of the watch, proof of purchase, and the serial number. A police report should it get stole is required as well. <\/p>\n\n\n\n<p>It is important to note that not all AP watches meet the criteria. If a watch isn&#8217;t insurable through this new program, we still highly recommend luxury watch insurance.<\/p>\n\n\n\n<p>Obviously, this is all subject to AP&#8217;s terms and conditions, <a href=\"https:\/\/www.audemarspiguet.com\/com\/en\/services\/faq.html\">which you can read in legalese<\/a> for more information.<\/p>\n\n\n\n<div class=\"wp-block-group has-border-color has-contrast-3-border-color has-background has-global-padding is-layout-constrained wp-container-core-group-is-layout-1 wp-block-group-is-layout-constrained\" style=\"border-width:1px;background-color:#fafafa;margin-top:var(--wp--preset--spacing--20);margin-bottom:var(--wp--preset--spacing--20);padding-top:var(--wp--preset--spacing--10);padding-right:var(--wp--preset--spacing--10);padding-bottom:var(--wp--preset--spacing--10);padding-left:var(--wp--preset--spacing--10)\">\n<h4 class=\"wp-block-heading is-style-gradient-fill-banner\" id=\"h-more-on-audemars-piguet\" style=\"font-size:clamp(14px, 0.875rem + ((1vw - 3.2px) * 0.625), 20px);font-style:normal;font-weight:600\">More on Audemars Piguet:<\/h4>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><tbody><tr><td class=\"has-text-align-left\" data-align=\"left\">\u27a2<\/td><td class=\"has-text-align-left\" data-align=\"left\"><a href=\"https:\/\/www.luxurybazaar.com\/grey-market\/rolex-serial-number\/\" target=\"_blank\" rel=\"noreferrer noopener\"><span style=\"font-size: 10pt; text-decoration-skip-ink: none; color: rgb(17, 85, 204);\"><\/span>Audemars Piguet Watch Prices: Historical and Current From Actual Sales Numbers<\/a><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">\u27a2<\/td><td class=\"has-text-align-left\" data-align=\"left\"><a href=\"https:\/\/www.luxurybazaar.com\/grey-market\/rolex-serial-number\/\" target=\"_blank\" rel=\"noreferrer noopener\"><span style=\"font-size: 10pt; text-decoration-skip-ink: none; color: rgb(17, 85, 204);\"><\/span>How to Avoid Buying a Fake Audemars Piguet<\/a><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">\u27a2<\/td><td class=\"has-text-align-left\" data-align=\"left\"><a href=\"https:\/\/www.luxurybazaar.com\/grey-market\/types-of-watch-hands\/\" target=\"_blank\" rel=\"noreferrer noopener\"><span style=\"font-size: 10pt; text-decoration-skip-ink: none; color: rgb(17, 85, 204);\"><\/span>How Much Does An Audemars Piguet Royal Oak Cost?<\/a><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">\u27a2<\/td><td class=\"has-text-align-left\" data-align=\"left\"><a href=\"https:\/\/www.luxurybazaar.com\/grey-market\/rolex-serial-number\/\" target=\"_blank\" rel=\"noreferrer noopener\"><span style=\"font-size: 10pt; text-decoration-skip-ink: none; color: rgb(17, 85, 204);\"><\/span>Audemars Piguet x Arnold Schwarzenegger Watches<\/a><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">\u27a2<\/td><td class=\"has-text-align-left\" data-align=\"left\"><a href=\"https:\/\/www.luxurybazaar.com\/grey-market\/rolex-serial-number\/\" target=\"_blank\" rel=\"noreferrer noopener\"><span style=\"font-size: 10pt; text-decoration-skip-ink: none; color: rgb(17, 85, 204);\"><\/span>Audemars Piguet vs. Patek Philippe<\/a><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<figure class=\"wp-block-image aligncenter size-full is-resized\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" width=\"280\" height=\"75\" data-src=\"https:\/\/i0.wp.com\/www.luxurybazaar.com\/grey-market\/wp-content\/uploads\/2024\/06\/AMP-Logo-Retina.png?resize=280%2C75&#038;ssl=1\" alt=\"\" class=\"wp-image-13445 lazyload\" style=\"--smush-placeholder-width: 280px; --smush-placeholder-aspect-ratio: 280\/75;width:100px\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" \/><noscript><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" width=\"280\" height=\"75\" src=\"https:\/\/i0.wp.com\/www.luxurybazaar.com\/grey-market\/wp-content\/uploads\/2024\/06\/AMP-Logo-Retina.png?resize=280%2C75&#038;ssl=1\" alt=\"\" class=\"wp-image-13445\" style=\"width:100px\"\/><\/noscript><\/figure>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Audemars Piguet made major waves this week after announcing an industry-first, free replacement service for stolen and damaged Audemars Piguet [&hellip;]<\/p>\n","protected":false},"author":20,"featured_media":23506,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[215],"tags":[6],"class_list":["post-220","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-audemars-piguet"],"raw_content":"<!-- wp:paragraph -->\n<p>Audemars Piguet made major waves this week after announcing an industry-first, free replacement service for stolen and damaged Audemars Piguet watches. Dubbed \"AP Coverage Service\", this service is big news not only for horology, but the luxury goods market writ large.  Of course, some limitations apply. Read on for a clean sweep of the new AP Coverage Service. <\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:image {\"id\":23510,\"sizeSlug\":\"full\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-full\"><img src=\"https:\/\/www.luxurybazaar.com\/grey-market\/wp-content\/uploads\/2023\/04\/ap-roc.jpg\" alt=\"Audemars Piguet Royal Oak Chronograph\" class=\"wp-image-23510\"\/><figcaption class=\"wp-element-caption\"><strong><a href=\"https:\/\/www.luxurybazaar.com\/brands\/audemars-piguet\/royal-oak\/\" target=\"_blank\" rel=\"noreferrer noopener\">Audemars Piguet Royal Oak<\/a><\/strong> Chronograph Ref. 26240ST.OO.1320ST.07<\/figcaption><\/figure>\n<!-- \/wp:image -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"h-what-is-ap-coverage-service\">What is AP Coverage Service? <\/h2>\n<!-- \/wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Audemars Piguet now provides two years of complimentary coverage for theft and for damage due to \"sudden\" and \"unexpected external factors\". The Coverage Service offers the repair, replacement or refund of the watch, depending on the situation, at AP's sole discretion.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:heading {\"level\":3} -->\n<h3 class=\"wp-block-heading\">What You Need to Know About AP Coverage Service:<\/h3>\n<!-- \/wp:heading -->\n\n<!-- wp:list -->\n<ul class=\"wp-block-list\"><!-- wp:list-item -->\n<li>it is completely free of charge, with no premiums or deductibles<\/li>\n<!-- \/wp:list-item -->\n\n<!-- wp:list-item -->\n<li>it applies to any AP watch purchased in 2022 or after<\/li>\n<!-- \/wp:list-item -->\n\n<!-- wp:list-item -->\n<li>it does not apply automatically (you need to register your watch with AP)<\/li>\n<!-- \/wp:list-item -->\n\n<!-- wp:list-item -->\n<li>it is transferable to a new owner (via sale or gift), as long the new owner registers<\/li>\n<!-- \/wp:list-item -->\n\n<!-- wp:list-item -->\n<li>it covers instances of theft and damage (but there are <a href=\"https:\/\/www.luxurybazaar.com\/grey-market\/wp-admin\/post.php?post=12010&amp;action=edit#excluded\">limitations on the coverage<\/a>)<\/li>\n<!-- \/wp:list-item --><\/ul>\n<!-- \/wp:list -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"h-why-is-this-big-news\">Why is This Big News?<\/h2>\n<!-- \/wp:heading -->\n\n<!-- wp:paragraph -->\n<p>This is the first time in history that a <a href=\"https:\/\/www.luxurybazaar.com\/watches\">luxury watch<\/a> brand has offered free insurance coverage for theft and related damage.  What's more, we're unaware of any other luxury brands that have similar coverage. The timing for this program is imperative, as<a href=\"https:\/\/www.nytimes.com\/2022\/08\/10\/fashion\/watches-thefts-london-los-angeles.html\" target=\"_blank\" rel=\"noreferrer noopener\"> <\/a>luxury watch theft <a href=\"https:\/\/www.nytimes.com\/2022\/08\/10\/fashion\/watches-thefts-london-los-angeles.html\" target=\"_blank\" rel=\"noreferrer noopener\">has been on the rise<\/a> around the world over the last few years.  <\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Audemars Piguet is no stranger to trailblazing in watchmaking, being the first to produce a <a href=\"https:\/\/www.luxurybazaar.com\/grey-market\/what-is-a-minute-repeater-watch\/\" target=\"_blank\" rel=\"noreferrer noopener\">minute repeater watch<\/a>, a jump hour complication and a <a href=\"https:\/\/www.luxurybazaar.com\/grey-market\/what-is-a-grand-complication-watch\/\" target=\"_blank\" rel=\"noreferrer noopener\">grand complication watch<\/a>, to name a few. Being the first to offer this level of customer service is a bold pronouncement about Audemars Piguet's positioning in respect of its clientele. <\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p><strong>Learn More:<\/strong> <a href=\"https:\/\/www.luxurybazaar.com\/grey-market\/the-history-of-audemars-piguet\/\">History of Audemars Piguet<\/a><\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Presumably, this would reduce concerns that some prospective buyers might have had about walking around with six figures on their wrist. In other words, it seems like AP doesn't want you to worry.  Just enjoy the watch. <\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p><strong><strong>Related Content:<\/strong><\/strong><a href=\"https:\/\/www.luxurybazaar.com\/grey-market\/how-can-i-recover-my-stolen-rolex-take-these-steps-before-it-happens\/\" target=\"_blank\" rel=\"noreferrer noopener\"> How Can I Recover My Stolen Rolex? Take These Steps Before It Happens!<\/a><\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:image {\"id\":23517,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"https:\/\/www.luxurybazaar.com\/grey-market\/wp-content\/uploads\/2023\/04\/maroonc-ode-1024x683.jpg\" alt=\"Audemars Piguet Code 11.59 ref. 15210BC.OO.A500KB.01\" class=\"wp-image-23517\"\/><figcaption class=\"wp-element-caption\">Audemars Piguet Code 11.59 ref. 15210BC.OO.A500KB.01<\/figcaption><\/figure>\n<!-- \/wp:image -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Eligibility and Duration of AP Coverage Service<\/h2>\n<!-- \/wp:heading -->\n\n<!-- wp:paragraph -->\n<p>All Audemars Piguet watches since 2022 from an official sales channel (boutique, AP house, or official retailer) are eligible for the program:<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:list -->\n<ul class=\"wp-block-list\"><!-- wp:list-item -->\n<li>watches purchased in 2022 are covered until December 31, 2024; and<\/li>\n<!-- \/wp:list-item -->\n\n<!-- wp:list-item -->\n<li>watches purchased in 2023 or later are covered for two years from date of purchase.<\/li>\n<!-- \/wp:list-item --><\/ul>\n<!-- \/wp:list -->\n\n<!-- wp:paragraph -->\n<p>For the AP owners lucky enough to have purchased their watch in January 2022, they now get 19 months of insurance for a watch they purchased 16 months prior.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:luxurybazaar\/product-selection-api {\"title\":\"Browse Audemars Piguet Watches\",\"term_ids\":[4330],\"display_style\":\"simple\"} \/-->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">How to Register your Watch for AP Coverage Service<\/h2>\n<!-- \/wp:heading -->\n\n<!-- wp:paragraph -->\n<p>To check eligibility and activate the coverage, watches must be <a href=\"https:\/\/www.audemarspiguet.com\/com\/en\/form\/account\/registration.html\" target=\"_blank\" rel=\"noreferrer noopener\">registered<\/a> with AP prior to theft or damage. While the qualifying conditions are simple, and it is not necessary to keep you watch in a safe, AP still must approve the coverage first. To register:<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:list {\"ordered\":true} -->\n<ol class=\"wp-block-list\"><!-- wp:list-item -->\n<li><a href=\"https:\/\/www.audemarspiguet.com\/com\/en\/form\/account\/registration.html\" target=\"_blank\" rel=\"noreferrer noopener\">Create an online AP Account<\/a> (or<a href=\"https:\/\/www.audemarspiguet.com\/com\/en\/form\/account\/login.html?successfulRedirectPath=\/com\/en\/secure\/account\/portfolio.html\" target=\"_blank\" rel=\"noreferrer noopener\"> login<\/a> if you already have one) on the AP website, Your watch should already be in your account.<\/li>\n<!-- \/wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Register your watch. (You can also now extend the Sales Warranty from 2 to 5 years now.)<\/li>\n<!-- \/wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Open your watch details, click \u201cActivate AP Coverage Service,\" and upload the requested documents. <strong>Note<\/strong>: if this option isn\u2019t there, your watch isn\u2019t eligible.<\/li>\n<!-- \/wp:list-item -->\n\n<!-- wp:list-item -->\n<li>Wait for Audemars Piguet to review and confirm the Coverage Service.<\/li>\n<!-- \/wp:list-item --><\/ol>\n<!-- \/wp:list -->\n\n<!-- wp:image {\"id\":23521,\"sizeSlug\":\"large\",\"linkDestination\":\"none\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"https:\/\/www.luxurybazaar.com\/grey-market\/wp-content\/uploads\/2023\/04\/AUDEMARS_PIGUET_26420_309729_1-1024x683.jpg\" alt=\"\" class=\"wp-image-23521\"\/><\/figure>\n<!-- \/wp:image -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\" id=\"excluded\">What is Excluded from AP Coverage Service?<\/h2>\n<!-- \/wp:heading -->\n\n<!-- wp:paragraph -->\n<p>Common causes and types of damage from normal wear and tear and environmental factors aren\u2019t covered, but they can still be fixed by<a href=\"https:\/\/www.audemarspiguet.com\/com\/en\/services\/all-services.html\" target=\"_blank\" rel=\"noreferrer noopener\"> AP\u2019s usual servicing<\/a>.  Notably the following is not covered:<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:list -->\n<ul class=\"wp-block-list\"><!-- wp:list-item -->\n<li>watches that have been serviced or modified by a third-party<\/li>\n<!-- \/wp:list-item -->\n\n<!-- wp:list-item -->\n<li>damage to a strap (leather, rubber, rubber-coated)<\/li>\n<!-- \/wp:list-item -->\n\n<!-- wp:list-item -->\n<li>voluntary (intentional) damage<\/li>\n<!-- \/wp:list-item -->\n\n<!-- wp:list-item -->\n<li>damage when the watch is in the possession of a third party<\/li>\n<!-- \/wp:list-item --><\/ul>\n<!-- \/wp:list -->\n\n<!-- wp:paragraph -->\n<p>See <a href=\"https:\/\/www.audemarspiguet.com\/com\/en\/services\/faq.html\">AP's FAQ section <\/a>for the full list of exclusions. And no, your brother can't just \"steal\" your watch. The policy specifically also excludes members of your household.... and also fraud. <\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>AP retains sole discretion replace or refund a stolen watch.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:heading -->\n<h2 class=\"wp-block-heading\">Do New AP Purchases Still Require Independent, All-Risk Watch Insurance?<\/h2>\n<!-- \/wp:heading -->\n\n<!-- wp:paragraph -->\n<p>This ground-breaking free insurance with no premium or deductible goes beyond all-risk watch insurance generally offered by insurance companies. However, it only works with proper documentation, including a photo of the watch, proof of purchase, and the serial number. A police report should it get stole is required as well. <\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>It is important to note that not all AP watches meet the criteria. If a watch isn't insurable through this new program, we still highly recommend luxury watch insurance.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Obviously, this is all subject to AP's terms and conditions, <a href=\"https:\/\/www.audemarspiguet.com\/com\/en\/services\/faq.html\">which you can read in legalese<\/a> for more information.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:block {\"ref\":21384} \/-->","meta_data_fields":{"_original_id":["12010"],"_original_featured":["8529"],"post_views_count":["7"],"_edit_last":["6"],"_edit_lock":["1731616947:6"],"post_views_count_7_day_arr":["a:7:{i:0;a:2:{s:4:\"date\";i:0;s:5:\"count\";i:0;}i:1;a:3:{s:4:\"date\";s:10:\"1718118399\";s:5:\"count\";i:1;s:14:\"per_hour_count\";a:1:{i:15;i:1;}}i:2;a:2:{s:4:\"date\";i:0;s:5:\"count\";i:0;}i:3;a:2:{s:4:\"date\";i:0;s:5:\"count\";i:0;}i:4;a:3:{s:4:\"date\";s:10:\"1717779244\";s:5:\"count\";i:3;s:14:\"per_hour_count\";a:3:{i:14;i:1;i:16;i:2;i:17;i:1;}}i:5;a:2:{s:4:\"date\";i:0;s:5:\"count\";i:0;}i:6;a:2:{s:4:\"date\";i:0;s:5:\"count\";i:0;}}"],"post_view_7days_last_day":["1"],"post_views_count_7_day_last_date":["1718118399"],"post_views_count_7_day_total":["4"],"post_views_last_24_hours":["1"],"post_views_last_48_hours":["1"],"post_views_last_72_hours":["1"],"_run_media_sideload":["1"],"yoast_head_json":["a:18:{s:5:\"title\";s:47:\"Audemars Piguet Will Now Replace Stolen Watches\";s:11:\"description\";s:124:\"Audemars Piguet is now offering free theft and damage insurance for eligible watches purchased in 2022 and 2023. 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