Reply
 
Thread Tools Search this Thread
Old Aug 10th 2012, 4:51 pm   #1
Mrs shopaholic
Just Joined
 
Joined: May 2012
Posts: 14

Mrs shopaholic is an unknown quantity at this point
Default Valuation for marine insurance purposes?

Hi
We will probably go with LP, based on the reviews here and the price, for marine insurance.
I am slightly daunted though by having to give them a value. How did you do it, did you work out the replacement cost of each item individually? Is there any kind of guide for the value of the contents of a regular 3 bed house?!
Thanks in advance - so many things to do and so little time!
Vicky
Mrs shopaholic is offline   Reply With Quote

Old Aug 11th 2012, 3:41 am   #2
Bo-Jangles
BE Forum Addict
 
Bo-Jangles's Avatar
 
Joined: Jun 2005
Location: Between a rock and a hard place
Posts: 2,837

Bo-Jangles has a reputation beyond repute Bo-Jangles has a reputation beyond repute Bo-Jangles has a reputation beyond repute Bo-Jangles has a reputation beyond repute Bo-Jangles has a reputation beyond repute Bo-Jangles has a reputation beyond repute Bo-Jangles has a reputation beyond repute Bo-Jangles has a reputation beyond repute Bo-Jangles has a reputation beyond repute Bo-Jangles has a reputation beyond repute Bo-Jangles has a reputation beyond repute
Default Re: Valuation for marine insurance purposes?

I would look at the replacement cost of all big ticket stuff in NZ Dollars as it can be substantially different on some things.

Obviously some stuff you would never replace if you lost everything. e.g if you have 100 books and you lost them all, how many of those would you actually replace? Similarly with clothing - you just need to put a value you would be happy to receive, should all your stuff end up at the bottom of the ocean.

We got a form from the shippers that had a room by room list of main things and you just put the cost beside each item and add on any other extra things you might want to insure
__________________
The past is a foreign country; they do things differently there.
Bo-Jangles is offline   Reply With Quote
Old Aug 11th 2012, 8:14 am   #3
lardyl Male
you dewty owld maan!
 
lardyl's Avatar
 
Joined: Oct 2005
Location: is practically perfect in every way
Posts: 5,449

lardyl has a reputation beyond repute lardyl has a reputation beyond repute lardyl has a reputation beyond repute lardyl has a reputation beyond repute lardyl has a reputation beyond repute lardyl has a reputation beyond repute lardyl has a reputation beyond repute lardyl has a reputation beyond repute lardyl has a reputation beyond repute lardyl has a reputation beyond repute lardyl has a reputation beyond repute
Default Re: Valuation for marine insurance purposes?

Quote:
Originally Posted by Bo-Jangles View Post
I would look at the replacement cost of all big ticket stuff in NZ Dollars as it can be substantially different on some things.

Obviously some stuff you would never replace if you lost everything. e.g if you have 100 books and you lost them all, how many of those would you actually replace? Similarly with clothing - you just need to put a value you would be happy to receive, should all your stuff end up at the bottom of the ocean.

We got a form from the shippers that had a room by room list of main things and you just put the cost beside each item and add on any other extra things you might want to insure
+1
__________________
My heart longs to be next to you
My heart wants to be there, be there with you
Where its warm and tender and mercy flows like a river
And there you stand with your wide open hands, And say abide with me [Deacon Blue]
lardyl is offline   Reply With Quote
Old Aug 13th 2012, 7:41 pm   #4
Mrs shopaholic
Just Joined
 
Joined: May 2012
Posts: 14

Mrs shopaholic is an unknown quantity at this point
Default Re: Valuation for marine insurance purposes?

Thanks for the replies!
Mrs shopaholic is offline   Reply With Quote
Reply

 
  Subscribe to this Thread


Thread Tools Search this Thread
Search this Thread:

Advanced Search

$ forumrules ***
Forum Jump


Top