Shipping Insurance
Jun 18th 2007, 1:33 pm
#1
Oz Passport Holder ;)
Thread Starter
Joined: May 2007
Location: St. Albans > Gold Coast
Posts: 90
Shipping Insurance
Not sure if this has been posted before, but can anyone recommend a place to buy reasonably priced shipping insurance?
I'm shipping my items with Seven Seas (baggage only - maximum of 5 tea chests) and have some valuable items being sent!
I'm shipping my items with Seven Seas (baggage only - maximum of 5 tea chests) and have some valuable items being sent!
Jun 18th 2007, 2:02 pm
#2
Just Joined
Joined: Jun 2007
Location: Sunny Aberdeenshire
Posts: 2
Re: Shipping Insurance
Hi, I'm shipping with Whites and they charge 2.5% of the value of the container if thats any help.
Jun 18th 2007, 2:12 pm
#3
Banned
Joined: Dec 2004
Location: Tapping (Perth)
Posts: 2,619
Re: Shipping Insurance
White & Co are not authorised to sell insurance.
Gina
Jun 18th 2007, 4:15 pm
#4
Lisa
Joined: Jan 2007
Location: Nottingham-Sydney(we're here baby)
Posts: 780
Re: Shipping Insurance
Thanks
Jun 18th 2007, 4:42 pm
#5
Banned
Joined: Dec 2004
Location: Tapping (Perth)
Posts: 2,619
Re: Shipping Insurance
Basically, if you've paid a 5% insurance tax premium (ITP), then you will have bought insurance. If you haven't paid ITP, then you will have bought limited/extended liability cover.
For starters this only pays out very small amounts, something like £40 per damaged box or a few hundred quid for larger items. Secondly, it only pays out if you can prove that the damage occurred while the goods were in the hands of the removal company AND they were negligent.
So, if the container lorry crashes after it leaves your house, damaging lots of stuff, but it wasn't the lorry driver who caused the accident - you would get nothing (because the removal company wasn't negligent).
If you get your stuff delivered in Oz and discover lots of damaged items - you would get nothing because you can't prove that the damage occurred while the goods were in the hands of the removal company (the damage may have occurred while the container was on the ship).
Doree Bonner charge 3% for their insurance. You can get cheaper insurance from Letton Percival (do a search). LP only charge 1.53%, but their insurance does not offer mould & mildew, sets & pairs, mechanical derangement.
Mould & mildew is probably self-explanatory.
Sets & pairs means if you have a three-piece suite and one of the chairs gets damaged, you get a whole new three-piece suite.
Mechanical derangement means if your TV or computer or other electrical item) come out of the box and there is not a scratch on them, but when you plug them in they are as dead as the proverbial dodo, you get a new TV etc. The electrical item mustn't be older than (usually) six years (i.e. if it's older or you no longer have the invoice, you're screwed on this one).
I've had 8 shippers round to interview and we've settled on Crown. We'll be taking their insurance with mould & mildew and sets & pairs added on. That's just because I am worried about the mould & mildew and Letton Percival don't offer that. Some people's containers have arrived perfectly fine in Oz and others have been mouldy (as the container ship goes through the tropics, the containers get very hot during the day and then cold at night. That means condensation can develop inside the container). You just never know.
Gina
Jun 19th 2007, 8:20 am
#6
Lisa
Joined: Jan 2007
Location: Nottingham-Sydney(we're here baby)
Posts: 780
Re: Shipping Insurance
Doree Bonner provide insurance.
Basically, if you've paid a 5% insurance tax premium (ITP), then you will have bought insurance. If you haven't paid ITP, then you will have bought limited/extended liability cover.
For starters this only pays out very small amounts, something like £40 per damaged box or a few hundred quid for larger items. Secondly, it only pays out if you can prove that the damage occurred while the goods were in the hands of the removal company AND they were negligent.
So, if the container lorry crashes after it leaves your house, damaging lots of stuff, but it wasn't the lorry driver who caused the accident - you would get nothing (because the removal company wasn't negligent).
If you get your stuff delivered in Oz and discover lots of damaged items - you would get nothing because you can't prove that the damage occurred while the goods were in the hands of the removal company (the damage may have occurred while the container was on the ship).
Doree Bonner charge 3% for their insurance. You can get cheaper insurance from Letton Percival (do a search). LP only charge 1.53%, but their insurance does not offer mould & mildew, sets & pairs, mechanical derangement.
Mould & mildew is probably self-explanatory.
Sets & pairs means if you have a three-piece suite and one of the chairs gets damaged, you get a whole new three-piece suite.
Mechanical derangement means if your TV or computer or other electrical item) come out of the box and there is not a scratch on them, but when you plug them in they are as dead as the proverbial dodo, you get a new TV etc. The electrical item mustn't be older than (usually) six years (i.e. if it's older or you no longer have the invoice, you're screwed on this one).
I've had 8 shippers round to interview and we've settled on Crown. We'll be taking their insurance with mould & mildew and sets & pairs added on. That's just because I am worried about the mould & mildew and Letton Percival don't offer that. Some people's containers have arrived perfectly fine in Oz and others have been mouldy (as the container ship goes through the tropics, the containers get very hot during the day and then cold at night. That means condensation can develop inside the container). You just never know.
Gina
Basically, if you've paid a 5% insurance tax premium (ITP), then you will have bought insurance. If you haven't paid ITP, then you will have bought limited/extended liability cover.
For starters this only pays out very small amounts, something like £40 per damaged box or a few hundred quid for larger items. Secondly, it only pays out if you can prove that the damage occurred while the goods were in the hands of the removal company AND they were negligent.
So, if the container lorry crashes after it leaves your house, damaging lots of stuff, but it wasn't the lorry driver who caused the accident - you would get nothing (because the removal company wasn't negligent).
If you get your stuff delivered in Oz and discover lots of damaged items - you would get nothing because you can't prove that the damage occurred while the goods were in the hands of the removal company (the damage may have occurred while the container was on the ship).
Doree Bonner charge 3% for their insurance. You can get cheaper insurance from Letton Percival (do a search). LP only charge 1.53%, but their insurance does not offer mould & mildew, sets & pairs, mechanical derangement.
Mould & mildew is probably self-explanatory.
Sets & pairs means if you have a three-piece suite and one of the chairs gets damaged, you get a whole new three-piece suite.
Mechanical derangement means if your TV or computer or other electrical item) come out of the box and there is not a scratch on them, but when you plug them in they are as dead as the proverbial dodo, you get a new TV etc. The electrical item mustn't be older than (usually) six years (i.e. if it's older or you no longer have the invoice, you're screwed on this one).
I've had 8 shippers round to interview and we've settled on Crown. We'll be taking their insurance with mould & mildew and sets & pairs added on. That's just because I am worried about the mould & mildew and Letton Percival don't offer that. Some people's containers have arrived perfectly fine in Oz and others have been mouldy (as the container ship goes through the tropics, the containers get very hot during the day and then cold at night. That means condensation can develop inside the container). You just never know.
Gina
I am going to give crown a call aswell and get them round for a quote.
Jun 21st 2007, 6:58 pm
#7
Just Joined
Joined: Jul 2005
Posts: 1
Re: Shipping Insurance
Ken
