spirit
Junior Member
Posts โข 2,956
Likes โข 516
August 2007
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Separate insurance when shipping from the states?, by spirit on Apr 2, 2008 17:42:59 GMT 1, I am having something fairly expensive shipped from the states and I was wondering how one goes about declaring a low value and thus avoiding import duty, while insuring the item for full value through a 3rd party? Is this possible?
Can anyone give me the rundown on how it works and who the seller should approach in the states to get the insurance?
thanks
I am having something fairly expensive shipped from the states and I was wondering how one goes about declaring a low value and thus avoiding import duty, while insuring the item for full value through a 3rd party? Is this possible?
Can anyone give me the rundown on how it works and who the seller should approach in the states to get the insurance?
thanks
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spirit
Junior Member
Posts โข 2,956
Likes โข 516
August 2007
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Separate insurance when shipping from the states?, by spirit on Apr 2, 2008 22:14:29 GMT 1, I am having something fairly expensive shipped from the states and I was wondering how one goes about declaring a low value and thus avoiding import duty, while insuring the item for full value through a 3rd party? Is this possible? Can anyone give me the rundown on how it works and who the seller should approach in the states to get the insurance? thanks
anyone?
I am having something fairly expensive shipped from the states and I was wondering how one goes about declaring a low value and thus avoiding import duty, while insuring the item for full value through a 3rd party? Is this possible? Can anyone give me the rundown on how it works and who the seller should approach in the states to get the insurance? thanks anyone? |
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gavagai
New Member
Posts โข 53
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June 2007
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Separate insurance when shipping from the states?, by gavagai on Apr 2, 2008 22:15:26 GMT 1, I just went through this. If you are sending expensive artwork then you need to get a separate insurance carrier. You claim the full amount on the insurance/import forms but declare $0 value on the fedex/ups forms.
I used transglobal insurance to send an expensive painting from the united States to the UK and everything went smoothely. You basically call them up, describe the item and how much insurance you need, then call them back with your fedex tracking info etc.
transglobalinsure.com/component/option,com_frontpage/Itemid,1/
I just went through this. If you are sending expensive artwork then you need to get a separate insurance carrier. You claim the full amount on the insurance/import forms but declare $0 value on the fedex/ups forms. I used transglobal insurance to send an expensive painting from the united States to the UK and everything went smoothely. You basically call them up, describe the item and how much insurance you need, then call them back with your fedex tracking info etc. transglobalinsure.com/component/option,com_frontpage/Itemid,1/ |
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spirit
Junior Member
Posts โข 2,956
Likes โข 516
August 2007
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Separate insurance when shipping from the states?, by spirit on Apr 2, 2008 22:23:20 GMT 1, Brilliant - Thanks for that gavagai
Just to clarify - when you said "You claim the full amount on the insurance/import forms" - are these forms that you fill in with transglobalinsure?
thanks again mate
Brilliant - Thanks for that gavagai
Just to clarify - when you said "You claim the full amount on the insurance/import forms" - are these forms that you fill in with transglobalinsure?
thanks again mate
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spirit
Junior Member
Posts โข 2,956
Likes โข 516
August 2007
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Separate insurance when shipping from the states?, by spirit on Apr 2, 2008 22:30:22 GMT 1, Also, I read this in the description of their insurance on the site which was a bit worrying...
"Damage is covered only if directly caused by fire, flood, earthquake, explosion or by collision, derailment or overturning of conveyance, vehicle or aircraft. Loss of the contents without the loss of the box is not covered."
So If my print got squashed in transit, or someone nicked it out of the box, I would not be covered I think.
Did you happen to ask them about this at all?
thanks
Also, I read this in the description of their insurance on the site which was a bit worrying...
"Damage is covered only if directly caused by fire, flood, earthquake, explosion or by collision, derailment or overturning of conveyance, vehicle or aircraft. Loss of the contents without the loss of the box is not covered."
So If my print got squashed in transit, or someone nicked it out of the box, I would not be covered I think.
Did you happen to ask them about this at all?
thanks
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bonesy
Junior Member
Posts โข 1,386
Likes โข 264
July 2006
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Separate insurance when shipping from the states?, by bonesy on Apr 2, 2008 22:35:50 GMT 1,
Sounds like it would be covered though if the item and box were lost all together (the only thing Ive ever had a problem with).
Can you give a percentage estimate of how much the coverage was compared to the insured value of the item...
Sounds like it would be covered though if the item and box were lost all together (the only thing Ive ever had a problem with).
Can you give a percentage estimate of how much the coverage was compared to the insured value of the item...
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spirit
Junior Member
Posts โข 2,956
Likes โข 516
August 2007
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Separate insurance when shipping from the states?, by spirit on Apr 2, 2008 22:43:40 GMT 1, Bonesy - Yep, thats all they really seems to cover - complete loss.
Insurance cost is 2% of the value of the item - is that what you meant?
Bonesy - Yep, thats all they really seems to cover - complete loss.
Insurance cost is 2% of the value of the item - is that what you meant?
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bonesy
Junior Member
Posts โข 1,386
Likes โข 264
July 2006
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Separate insurance when shipping from the states?, by bonesy on Apr 2, 2008 22:52:50 GMT 1, Bonesy - Yep, thats all they really seems to cover - complete loss. Insurance cost is 2% of the value of the item - is that what you meant?
Yup thanks. If the item is packaged well then complete loss is really your biggest worry. Good to know for int'l high priced items as Fed Ex is weird with insuring artwork.
Bonesy - Yep, thats all they really seems to cover - complete loss. Insurance cost is 2% of the value of the item - is that what you meant? Yup thanks. If the item is packaged well then complete loss is really your biggest worry. Good to know for int'l high priced items as Fed Ex is weird with insuring artwork. |
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spirit
Junior Member
Posts โข 2,956
Likes โข 516
August 2007
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Separate insurance when shipping from the states?, by spirit on Apr 2, 2008 23:05:43 GMT 1, Gavagai - one more thing - when ou said "You claim the full amount on the insurance/import forms" doesn't this mean I will still get hit with import duty? (if I have declared full value on import form). did you have to pay duty on your painting?
Anyone else got a second opinion/experience of this? - thanks
Gavagai - one more thing - when ou said "You claim the full amount on the insurance/import forms" doesn't this mean I will still get hit with import duty? (if I have declared full value on import form). did you have to pay duty on your painting?
Anyone else got a second opinion/experience of this? - thanks
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Billy Sport
Junior Member
Posts โข 1,252
Likes โข 79
February 2008
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Separate insurance when shipping from the states?, by Billy Sport on Apr 3, 2008 1:24:15 GMT 1, u-pic.com is another insurer i've been told about, when I looked into buying something from the states.
u-pic.com is another insurer i've been told about, when I looked into buying something from the states.
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Billy Sport
Junior Member
Posts โข 1,252
Likes โข 79
February 2008
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Separate insurance when shipping from the states?, by Billy Sport on Apr 3, 2008 1:25:10 GMT 1, can you not mark it returned item and have the insurance?
can you not mark it returned item and have the insurance?
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