Originally Posted by misskatpaw (Post 10257102)

I'm getting a little confused about this whole topic as I have to decide before next Tues whether to insure all or part of my goods.

Please could I get a general idea about whether people have or haven't bothered with insurance and why?

My quote is 2.5% of the value. I have no time to shop around now & get other quotes, this is it.

So insuring 20k would cost £500. But breaking it down on the form is a nightmare. It looks to me like total loss (ship fire, sinking etc) is possible but unlikely and the exclusions of liability are adequate to negate any responsibility, e.g. Act of god, terrorism, fire howsoever started, explosion, war etc etc.

So we may just look at individual items, e.g. Bike £2,000, bedroom set, £1,000. But I would be very unlucky and lucky, if I insured one item and that was the only item to go missing or be damaged, meaning I was covered.

Don't know if I'm making sense, but others' opinions on the topic who have had experience would be gratefully received.

Thanks, Katie :starsmile:

Originally Posted by MarkG (Post 10257328)

From what I've read, containers do fall off container ships in the middle of the ocean, so it depends on whether you're willing to lose everything when the ship goes through a bad storm.

Originally Posted by misskatpaw (Post 10257102)

I'm getting a little confused about this whole topic as I have to decide before next Tues whether to insure all or part of my goods.

Please could I get a general idea about whether people have or haven't bothered with insurance and why?

My quote is 2.5% of the value. I have no time to shop around now & get other quotes, this is it.

So insuring 20k would cost £500. But breaking it down on the form is a nightmare. It looks to me like total loss (ship fire, sinking etc) is possible but unlikely and the exclusions of liability are adequate to negate any responsibility, e.g. Act of god, terrorism, fire howsoever started, explosion, war etc etc.




So we may just look at individual items, e.g. Bike £2,000, bedroom set, £1,000. But I would be very unlucky and lucky, if I insured one item and that was the only item to go missing or be damaged, meaning I was covered.

Don't know if I'm making sense, but others' opinions on the topic who have had experience would be gratefully received.

Thanks, Katie :starsmile:

Originally Posted by Alan2005 (Post 10257482)

We got shipping insurance. I was actually hoping that our container would fall off the ship.

Originally Posted by Novocastrian (Post 10257514)

It's a while ago, but we insured our shipment too. On the other hand, we weren't paying for any of it.

Originally Posted by Alan2005 (Post 10257482)

We got shipping insurance. I was actually hoping that our container would fall off the ship.

Originally Posted by misskatpaw (Post 10257102)

I'm getting a little confused about this whole topic as I have to decide before next Tues whether to insure all or part of my goods.

Please could I get a general idea about whether people have or haven't bothered with insurance and why?

My quote is 2.5% of the value. I have no time to shop around now & get other quotes, this is it.

So insuring 20k would cost £500. But breaking it down on the form is a nightmare. It looks to me like total loss (ship fire, sinking etc) is possible but unlikely and the exclusions of liability are adequate to negate any responsibility, e.g. Act of god, terrorism, fire howsoever started, explosion, war etc etc.

So we may just look at individual items, e.g. Bike £2,000, bedroom set, £1,000. But I would be very unlucky and lucky, if I insured one item and that was the only item to go missing or be damaged, meaning I was covered.

Don't know if I'm making sense, but others' opinions on the topic who have had experience would be gratefully received.

Thanks, Katie :starsmile: