Sending Parcel £5000 Insurance

lakitu

lakitu

lakitu

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Joined
14 Apr 2006
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Manchester
I've had a good look but cannot find anything suitable.

I send a lot of luxury watches in the post as I am a Watchmaker and I'm trying to find a company that will insure watches more than Royal Mail's Special Delivery which is £2500 at a cost of £9.95.

Can anyone recommend or suggest a company? Anything greater than that would be a help. Surely there is a company that does this!
 
I think UPS will handle it but they will definitely make you pay for it. It might work out cheaper to deliver them yourself.
 
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DPD do higher insurance - I don't know their exact limits and/or what items they will cover but I know some of their stuff runs into 10s of thousands in insurance levels. (You may need to make direct enquires to get their higher level packages).
 
Rroff said:
DPD do higher insurance - I don't know their exact limits and/or what items they will cover but I know some of their stuff runs into 10s of thousands in insurance levels.
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I'll have another look, these courier sites are frustrating.
 
I only know coz we use them for some stuff through work, you may need a business account with them or something for it to even be an option available.
 
I use fedex to ship tickets insured to the value of 5-6k gbp to usa every year, usually costs me about 50 quid on my account. Thats a trackable signed for service. Royal mail is a joke and can only track to the uk border.
 
lakitu said:
I don't think they insure more than £750.



They want £80!
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if its as badly priced as that and you send enough watches then it might be worth considering charging an extra premium for watches >2.5k and carrying on with special delivery while taking on the extra risk yourself.... question is how frequently do special delivery packages go missing and therefore what premium do you add on for taking on the risk
 
Yodel - You have declared the full value of your item(s) at £6,000.00, however it is currently only covered for the basic rate of £20.00.

Would you like to cover your items to £2,500.00 for only £124.00 plus VAT?

YES PLEASE!
 
Train tickets only cost £80 if you buy them on the day. Buy them in advance and you'll be fine. Surely you can just give the buyer the option anyway - they're already spending £5,000 so £80 isn't too severe.
 
£80 is only about 1.5% of the total cost. As has been said, if I was spending that much on a single item I wouldn't begrudge paying a little for insurance.
 
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