Insurance -how much is your junk worth?
Dec 2nd 2003, 4:23 pm
#1
BE Forum Addict
Thread Starter
Joined: Jun 2002
Location: Gold Coast- the best place in the world
Posts: 3,196
Insurance -how much is your junk worth?
Filled in my insurance form for the removals last night, we didn't put everything on it as we are too tight to pay another £500 on top for insurance. It made me realise though how much it actually costs to re-buy all of your stuff. We put down £12 500 but in reality if we included clothes, tools and all the other things we missed out it could double.
Paying £3300 to ship our things out looks like it is worth it now when to replace the whole lot would cost nearer £25 000!! No wonder people keep posting don't sell all of your stuff!
Paying £3300 to ship our things out looks like it is worth it now when to replace the whole lot would cost nearer £25 000!! No wonder people keep posting don't sell all of your stuff!
Dec 2nd 2003, 5:01 pm
#2
Forum Regular
Joined: Nov 2003
Location: Brum to Wello Point
Posts: 74
We are going through the the old saga of "what to take/leave/sell".
Its so hard to try and sell stuff on to family and friends without feeling like you are ripping them off or selling yourself short.
At the end of the day, what ever we sell has to be replaced over there.
As for putting a price on it all, I'll have to see what I can't sell and end up taking with us.
Its so hard to try and sell stuff on to family and friends without feeling like you are ripping them off or selling yourself short.
At the end of the day, what ever we sell has to be replaced over there.
As for putting a price on it all, I'll have to see what I can't sell and end up taking with us.
Dec 2nd 2003, 5:05 pm
#3
BE Enthusiast
Joined: Apr 2003
Location: was Lancashire now Perth
Posts: 516
Hi Tina,
know exactly what you mean. Going through the insurance forms ourselves. All our clothes are going in our luggage but the amount of cds/dvds/tools soon mounts up. We're not taking the beds or the fridge, freezer and washing machine.
have you put down the value as the replecement cost in Oz?
My list of things to do seems to be getting longer rather than shorter.
Claire
know exactly what you mean. Going through the insurance forms ourselves. All our clothes are going in our luggage but the amount of cds/dvds/tools soon mounts up. We're not taking the beds or the fridge, freezer and washing machine.
have you put down the value as the replecement cost in Oz?
My list of things to do seems to be getting longer rather than shorter.
Claire
Dec 2nd 2003, 5:56 pm
#4
BE Forum Addict
Thread Starter
Joined: Jun 2002
Location: Gold Coast- the best place in the world
Posts: 3,196
Yes it says to put the value to replace in Oz, but this is quite tricky to know isn't it? If you add up all of your DVDs, CDs videos etc that would come to quite a lot of money. It is amazing how much your stuff is actually worth. If you sell it you get less than a quarter of what you paid for it.
Dec 2nd 2003, 6:12 pm
#5
Banned
Joined: Feb 2003
Posts: 3,467
Just paid our shippers today they are coming to start the packing on the 10th Eeeek!!! :scared:
Dec 2nd 2003, 8:10 pm
#6
BE Forum Addict
Thread Starter
Joined: Jun 2002
Location: Gold Coast- the best place in the world
Posts: 3,196
Same day as us Sky, let's hope it is a lucky one!
Dec 2nd 2003, 9:15 pm
#7
Ping Pong Wannabe
Joined: Oct 2003
Location: Edge of the Cotswolds
Posts: 657
Hi,
we're also filling out the wretched insurance form as the packers come on 11th. Wondering what to do about the tools. I work as a maintenance fitter and have absolutely shed loads....I value them to be about £4000. Thing is they want the quantity of hand tools and short of standing out in the garage counting each one...it's impossible to know. There's hundreds. Would be interested to know what other people are doing.
we're also filling out the wretched insurance form as the packers come on 11th. Wondering what to do about the tools. I work as a maintenance fitter and have absolutely shed loads....I value them to be about £4000. Thing is they want the quantity of hand tools and short of standing out in the garage counting each one...it's impossible to know. There's hundreds. Would be interested to know what other people are doing.
Dec 2nd 2003, 9:32 pm
#8
Rocket Scientist
Joined: Aug 2003
Location: Dreamland AKA Brisbane which is a different country to the UK
Posts: 6,911
Tina, its the same as doing your household insurance, most people undervalue by a huge amount. After sitting down with a checklist & doing alot of guessing our contents insurance came to over $100k 
.
Worst part is that if we did ever have to replace it all, Im sure it would come to alot more than that
. Worst part is that if we did ever have to replace it all, Im sure it would come to alot more than that
Dec 2nd 2003, 11:21 pm
#9
Guest
Posts: n/a
Originally posted by MrsDagboy
Tina, its the same as doing your household insurance, most people undervalue by a huge amount. After sitting down with a checklist & doing alot of guessing our contents insurance came to over $100k .
Worst part is that if we did ever have to replace it all, Im sure it would come to alot more than that
Tina, its the same as doing your household insurance, most people undervalue by a huge amount. After sitting down with a checklist & doing alot of guessing our contents insurance came to over $100k
. Worst part is that if we did ever have to replace it all, Im sure it would come to alot more than that
We insured about £45K with the shipping company. You can negoiate the percentage a bit as well, so don't accept what they offer you.
Many people have posted that it's not worth getting insurance etc, but some of our stuff got damaged and the insurance paid out. It's like any type of insurance, it provides you with peace of mind. Though insurance companies do try to wriggle out of claims if they can!
And when you arrive here; if something has happend to your stuff do you really want the added expense of having to replace/repair it?
Dec 3rd 2003, 3:08 pm
#10
Banned
Joined: Feb 2003
Posts: 3,467
Hi owieb
what damage did your stuff suffer was it because of heat or moisture in the container or just general motion damage...did you have a sole container or did u share or just pay per footage.
Thanks just wondering what to expect
what damage did your stuff suffer was it because of heat or moisture in the container or just general motion damage...did you have a sole container or did u share or just pay per footage.
Thanks just wondering what to expect
Dec 9th 2003, 10:15 am
#11
Forum Regular
Joined: Sep 2003
Location: Karana downs QLD
Posts: 215
It's so hard deciding and I'm not finding the removal people are much help in giving guidance.
We have an average 3 bed terrace house with 2 of us,
2 beds, 2 PC's, lots of CD's, DVD's, big TV, big fridge, big tools in the garage, lots of board games, wedding presnets like crockery, PS2, grannyes antique tables, 2 bikes, heaps of camping stuff and so on....
Being newly maried most of our stuff is new.
We had thought seel all the ikea stuff and take the rest but, that would still be half a container so we think it may be better to take a full container and take the lot, fridge, washer, dryer, both beds etc etc.
This way we have sole use of the container and its in our control.
Bearing in mind the cost to replace all the stuff we get next to nothing for £3,500-£4,000 to ship is much cheaper than re-buying the lot.
What are others views?
We have an average 3 bed terrace house with 2 of us,
2 beds, 2 PC's, lots of CD's, DVD's, big TV, big fridge, big tools in the garage, lots of board games, wedding presnets like crockery, PS2, grannyes antique tables, 2 bikes, heaps of camping stuff and so on....
Being newly maried most of our stuff is new.
We had thought seel all the ikea stuff and take the rest but, that would still be half a container so we think it may be better to take a full container and take the lot, fridge, washer, dryer, both beds etc etc.
This way we have sole use of the container and its in our control.
Bearing in mind the cost to replace all the stuff we get next to nothing for £3,500-£4,000 to ship is much cheaper than re-buying the lot.
What are others views?
