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Old Jan 24th 2008, 5:59 pm
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Default shipping insurance

So when you get your quote for 20ft container, lets say £3,300 add 2.5% value for insurance, How much do you end up paying for insurance on top of your shipping quote. If we had £10,000 insured does that mean we have to pay £2,500 ontop of your shipping quote or am i being thick?
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Old Jan 24th 2008, 6:57 pm
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Default Re: shipping insurance

£2,500 x 4 = £10,000, so that would be 25%!

Drop a zero, and you get £250.

(Unless I'm the one being thick?)
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Old Jan 24th 2008, 7:56 pm
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Default Re: shipping insurance

Originally Posted by linds
So when you get your quote for 20ft container, lets say £3,300 add 2.5% value for insurance, How much do you end up paying for insurance on top of your shipping quote. If we had £10,000 insured does that mean we have to pay £2,500 ontop of your shipping quote or am i being thick?
Yeah - a little blond must be showing 2.5% of £10000 is £250. Plus insurance premium tax I would imagine (about 5% of the £250)
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Old Jan 24th 2008, 8:15 pm
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Default Re: shipping insurance

Call Letton Percival and it'll be 1.6%, that'll be £160 plus 5% which is a total of £168 - I amaze myself sometimes!!
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Old Jan 24th 2008, 11:31 pm
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Default Re: shipping insurance

See this Posting from my OH on a similar thread. http://britishexpats.com/forum/showthread.php?t=508862

Chris
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Old Jan 25th 2008, 5:15 am
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Default Re: shipping insurance

Thanks guys, no excuses im rubbish with maths! My head is fried with all the quotes and small print!
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