Posting watches - insurance
Posting watches - insurance
Author
Discussion

JapanRed

Original Poster:

1,589 posts

133 months

Tuesday 16th June 2020
quotequote all
Hi all,

I’ve got 2 watches that I want to send to Simon Freese for a service. Tried posting them via Royal Mail and they only insure up to £2,500.
I need £10,000 insurance. Can anyone recommend a courier or alternative?
Thanks. Rob

EX51GE R

1,643 posts

232 months

Tuesday 16th June 2020
quotequote all
I took out independent insurance when shipping my explorer 2 from italy to the uk, was £52 for £7000 worth of cover.

mickyh7

2,347 posts

108 months

Tuesday 16th June 2020
quotequote all
Sorry Chap.
I miss read your post and posted poor/wrong information.
I've deleted it now.
Good Luck.

MarcelM6

587 posts

128 months

Tuesday 16th June 2020
quotequote all
Had a similar issue last year. I couldn't find any options unless you have a trade account. In the end just risked it and did the Royal mail £2.5K insurance option.


Mr Pointy

12,757 posts

181 months

Tuesday 16th June 2020
quotequote all

UnclePat

511 posts

109 months

Tuesday 16th June 2020
quotequote all
MarcelM6 said:
In the end just risked it and did the Royal mail £2.5K insurance option.
This isn’t at all addressed to you (would be useless doing so anyway, given they’ve already been sent!), but more so to warn others.

The RM service is very good & reliable, and there’s little chance of it becoming lost in the UK.

But.

If the item sent exceeds that £2.5k value, then there is no insurance cover whatsoever, because it has breached RM’s T&C’s.

It won’t be the case that RM cover the first £2.5k of the loss and you then bear the rest of the uninsured loss in excess of £2.5k yourself. It totally invalidates the entire cover with them, and they won’t pay a penny. So, if sending a £3k watch, for example, it’s not the case that you’re only risking a £500 loss - the entire £3,000 is at risk.

I’ve read some have struck lucky with claims, but that says more about getting a dopey RM employee than anything else, I think.

It was definitely in the RM T&C’s last time I personally checked, a few years back, and has been extensively discussed on other forums too.


Some alternative options for sending are DHL, Mail Boxes Etc., or some use IFS Inforsure also.

ewand

909 posts

236 months

Tuesday 16th June 2020
quotequote all
JapanRed said:
Hi all,

I’ve got 2 watches that I want to send to Simon Freese for a service. Tried posting them via Royal Mail and they only insure up to £2,500.
I need £10,000 insurance. Can anyone recommend a courier or alternative?
Thanks. Rob
Talk to Simon - I've a feeling he might be able to cover the insurance separately; Simon will send you out a postal pack that includes a return label etc, and I think that also includes higher value insurance.

JapanRed

Original Poster:

1,589 posts

133 months

Tuesday 16th June 2020
quotequote all
EX51GE R said:
I took out independent insurance when shipping my explorer 2 from italy to the uk, was £52 for £7000 worth of cover.
Who was this with?

JapanRed

Original Poster:

1,589 posts

133 months

Tuesday 16th June 2020
quotequote all
Mr Pointy said:
Thanks I’ll have a look at this. Have you used them in the past?

JapanRed

Original Poster:

1,589 posts

133 months

Tuesday 16th June 2020
quotequote all
UnclePat said:
MarcelM6 said:
In the end just risked it and did the Royal mail £2.5K insurance option.
This isn’t at all addressed to you (would be useless doing so anyway, given they’ve already been sent!), but more so to warn others.

The RM service is very good & reliable, and there’s little chance of it becoming lost in the UK.

But.

If the item sent exceeds that £2.5k value, then there is no insurance cover whatsoever, because it has breached RM’s T&C’s.

It won’t be the case that RM cover the first £2.5k of the loss and you then bear the rest of the uninsured loss in excess of £2.5k yourself. It totally invalidates the entire cover with them, and they won’t pay a penny. So, if sending a £3k watch, for example, it’s not the case that you’re only risking a £500 loss - the entire £3,000 is at risk.

I’ve read some have struck lucky with claims, but that says more about getting a dopey RM employee than anything else, I think.

It was definitely in the RM T&C’s last time I personally checked, a few years back, and has been extensively discussed on other forums too.


Some alternative options for sending are DHL, Mail Boxes Etc., or some use IFS Inforsure also.
Thanks for this. Very helpful. Watches over £4k are on DHL prohibited items lost.

What’s mail box? And what’s IFS infosure?

Thanks.

JapanRed

Original Poster:

1,589 posts

133 months

Tuesday 16th June 2020
quotequote all
ewand said:
JapanRed said:
Hi all,

I’ve got 2 watches that I want to send to Simon Freese for a service. Tried posting them via Royal Mail and they only insure up to £2,500.
I need £10,000 insurance. Can anyone recommend a courier or alternative?
Thanks. Rob
Talk to Simon - I've a feeling he might be able to cover the insurance separately; Simon will send you out a postal pack that includes a return label etc, and I think that also includes higher value insurance.
Thanks I’ve emailed him and am awaiting a response. Not holding out much hope though as the pack he sent was for RM Special Delivery which is £2500 maximum and you can’t add any extra according to the post office I visited today.

JapanRed

Original Poster:

1,589 posts

133 months

Tuesday 16th June 2020
quotequote all
MarcelM6 said:
Had a similar issue last year. I couldn't find any options unless you have a trade account. In the end just risked it and did the Royal mail £2.5K insurance option.
Ooof no chance. Total value is between £9-10k for both watches.

scottydoesntknow

860 posts

79 months

Tuesday 16th June 2020
quotequote all
UPS insured my sub at its value.

EX51GE R

1,643 posts

232 months

Tuesday 16th June 2020
quotequote all
JapanRed said:
Who was this with?
https://www.the-insurance-broker.com/

JapanRed

Original Poster:

1,589 posts

133 months

Tuesday 16th June 2020
quotequote all
scottydoesntknow said:
UPS insured my sub at its value.
Not sure how long ago this was but this is what’s stated on their website;

No Protection items:
The following items (or any item similar in description or content) can only be carried on a no protection basis on any service.

Any person sending such an item does so at their own risk:

(Watch is one of the things on this list).

JapanRed

Original Poster:

1,589 posts

133 months

Tuesday 16th June 2020
quotequote all
EX51GE R said:
JapanRed said:
Who was this with?
https://www.the-insurance-broker.com/
Thanks I’ll call them tomorrow.

ewand

909 posts

236 months

Tuesday 16th June 2020
quotequote all
JapanRed said:
ewand said:
JapanRed said:
Hi all,

I’ve got 2 watches that I want to send to Simon Freese for a service. Tried posting them via Royal Mail and they only insure up to £2,500.
I need £10,000 insurance. Can anyone recommend a courier or alternative?
Thanks. Rob
Talk to Simon - I've a feeling he might be able to cover the insurance separately; Simon will send you out a postal pack that includes a return label etc, and I think that also includes higher value insurance.
Thanks I’ve emailed him and am awaiting a response. Not holding out much hope though as the pack he sent was for RM Special Delivery which is £2500 maximum and you can’t add any extra according to the post office I visited today.
Yeah, RMSD insurance might be no good but I know of some dealers and service agents who use ParcelPro insurance over-the-top of the carrier - https://www.parcelpro.com/public/whatwedo.aspx

I don't know if Simon covers shipment with PP, but it's worth asking. He certainly sends and receives lots of watches >£2.5K.

scottydoesntknow

860 posts

79 months

Tuesday 16th June 2020
quotequote all
JapanRed said:
Not sure how long ago this was but this is what’s stated on their website;

No Protection items:
The following items (or any item similar in description or content) can only be carried on a no protection basis on any service.

Any person sending such an item does so at their own risk:

(Watch is one of the things on this list).
Was a couple of years ago to be fair. Cost at the time was around £80 IIRC.

UnclePat

511 posts

109 months

Wednesday 17th June 2020
quotequote all
JapanRed said:
What’s mail box? And what’s IFS infosure?
https://www.mbe.co.uk

https://forum.tz-uk.com/showthread.php?470803-IFS-...

If you search for other TZ-UK IFS links, they’ll bring up that chap Jeroen’s contact details so you can try and set up a personal shipment.