Discover how to secure a loan against luxury watches like Rolex and Patek Philippe with our step-by-step guide.
Insured Collateral Loans: Every Asset Protected by Lloyd’s of London
Every asset in Qollateral’s care is fully insured by Lloyd’s of London for the entire duration of your loan. Coverage begins the moment your item is received and continues without interruption through storage, through the loan term, and through return.
There are no gaps, no exceptions, and no action required on your part. Our insured collateral loans are designed to give you peace of mind when you access liquidity against your luxury items.
Lloyd’s of London Asset Insurance:
Why the Name Matters
Lloyd’s of London is not a standard insurance company. Founded in 1688, it is the world’s oldest and most established specialty insurance market: the institution that other insurers turn to when a risk is too complex, too valuable, or too specialized for the conventional market.
For more than three centuries, Lloyd’s has been the underwriter of choice for the assets that matter most: fine art held by major museums, jewelry carried by auction houses, maritime cargo, aviation, and the private collections of high-net-worth individuals worldwide. When the Titanic was insured, it was insured at Lloyd’s. When a Stradivarius changes hands, it is typically covered by Lloyd’s.
Lloyd’s does not accept every risk or every facility. Its underwriting standards are among the most rigorous in the global insurance industry, backed by over £92 billion in syndicate-level assets as of 2024. To carry Lloyd’s coverage is to have met those standards. For Qollateral’s clients, that means your asset is not simply “insured” in a general sense: it is insured by the institution that has spent over 300 years proving it pays claims on the assets that are hardest to replace.
What does this mean for you? Your asset is covered by the same institution that has insured the world’s most valuable objects for over three centuries.
What’s Covered During Your Loan
Your coverage during a Qollateral loan includes:
- Full insured value from intake through return: coverage applies for the complete loan term with no gaps
- Transit coverage in both directions: out-of-state clients shipping assets to and from Qollateral are covered from the moment the shipping carrier issues a receipt for the package. For items valued at $100,000 or more, where armored carrier pickup is arranged, coverage activates the instant the asset is handed to the carrier at your location.
- All asset categories accepted: luxury watches, fine jewelry, diamonds, and designer handbags are all covered under the same policy
- No action required: your coverage is arranged and maintained by Qollateral; you do not need to contact your own insurer or arrange supplemental coverage
How Coverage Works During
Your Loan
Coverage follows your asset at every stage. There is no window during which
your item is unprotected.
STEP 1
Before arrival:
Out-of-state clients ship their assets using a fully insured, prepaid overnight label provided by Qollateral. Coverage activates the moment the shipping carrier issues a receipt for your package, so your asset is protected the instant it leaves your hands. For items valued at $100,000 or more, armored carrier transport is arranged at no additional cost. In these cases, coverage is triggered at the point of exchange, the moment the carrier takes possession of the asset at your location.
STEP 2
On intake:
The moment your asset arrives and is logged into Qollateral’s system, Lloyd’s of London asset insurance coverage is active. Your item is photographed, documented, and transferred to the vault inside the International Gem Tower.
STEP 3
During storage:
Coverage continues uninterrupted throughout the loan term.
STEP 4
On return:
Coverage extends through the return process, whether that means in-person pickup at our NYC office or insured return shipping to your door. Your asset is yours again the moment it is back in your hands.
Why “Fully Insured” Means More Here
Not all collateral lenders insure the assets in their care. Some cap coverage well below an item’s actual value. Others rely on general storage facility policies that were not designed for high-value luxury assets and may not cover the full range of risks a borrower would expect.
Qollateral’s Lloyd’s of London coverage is dedicated, specific to the assets under its care, and applies from the first moment of contact through final return. It is not a general policy applied broadly across a storage facility. It is coverage that reflects the actual value and nature of what you are entrusting to us.
For borrowers with high-value assets, this distinction matters.
If a Claim Were Ever Needed
Qollateral documents every asset thoroughly at intake: high-resolution photographs, a detailed condition report, and serial or reference number logging. This record exists precisely so that if something unexpected ever occurred, there is a clear, agreed-upon record of what was received and in what condition.
In the rare event of loss or damage, your asset is covered for its documented value under the Lloyd’s of London policy. Qollateral handles the process on your behalf. You are not left navigating a claims procedure alone.
Frequently Asked Questions
Proudly offering the highest value collateral loans to clients in NYC and across the nation
Assets We Accept
Online collateral loans can be secured against a wide range of luxury assets. This includes (but is not limited to):
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Ready to Move Forward?
Your asset is protected from the moment it arrives until the moment it returns. If you have questions about coverage for a specific item or loan amount, our team is available to walk you through the details before you commit to anything.
Get a loan estimateFor insured asset-based lending in NYC and nationwide, contact Qollateral for a confidential, no-obligation consultation.
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Luxury watches are some of the most frequent assets our clients borrow against at Qollateral. Discover why getting a loan with Qollateral is a smart move.