M4
[Parmigiani Moderator]
10403
Insuring a watch shipment
If you’ve shipped a watch recently you probably know that FedEx will not insure the shipment for more than $1000. I haven’t checked recently but I believe UPS has a similar policy.
Putting aside using the US Postal Service, what options are available for occasional shippers to insure a watch shipment?
Thanks in advance for your advice.
Insuring a watch shipment
If you’ve shipped a watch recently you probably know that FedEx will not insure the shipment for more than $1000. I haven’t checked recently but I believe UPS has a similar policy. Putting aside using the US Postal Service, what options are available for ...
I've never seen or heard of Collissimo so I would assume it's not available in my location.
I quickly researched it and see it is part of the French postal service. I'll do more research and thank you for the info. M4
I've used a number of companies
Fedex, DHL, Japan Post or Yamato for international shipping and always insured content to the full value, it's a fairly common option in my experience and the cost is generally not bad. Only downside, depending on the destination country, get ready for a ...
Thank you.
I'm curious, with FedEx did you specifically identify the contents as a watch? FedEx will insure full value on most shipments but watches are specifically capped at $1000.
Over here
You can insure as an option for a fee (like a buck and a half for every 80 bucks up to USD50k or so). It cost me almost 100 bucks in insurance alone but was available as an option. I only used them once, I prefer DHL or JP domestic providers.
yes
I think the last time I used fedex was in the middle of the pandemic so quite a while ago. I know my HTS codes pretty well by now!
Last watch I shipped within the US
I sent by certified mail via US postal service and I could insure it for as much as I wanted. I’m not sure of options for international shipping.
Does DHL Express operate in your region?
I always ship with DHL Express. They offer full insure for 1% of the insured value. Package is sealed by them in a seal bag, so no discussions on proper packaging either. Note: it's not regular DHL, they're just as (in)competent as all others . DHL Expres...
Parcel Pro is a good option.
Have you researched them? They offer coverage separate from FedEx while using FedEx as your shipper. Also, make sure you ship the watch to a FedEx distribution center and have them hold it for the recipient. The recipient will have to sign for it and show...
The one drawback is to open
an account you have to do it through your business or someone else’s business. They won’t do it for an individual last time I checked years ago. This point just occurred to me. I used to use my business account which had nothing to do with watches.
All the watch dealers I know
use parcel pro. You can use fedex or ups directly, but if you add insurance, shipping can get prohibitive.
Parcel Pro is the most used.
It is oriented towards businesses. An option is to ask your friendly local dealer or watchmaker insure it and send you the lable for shipment and drop off at fedex or bring to their location. Compensate the dealer for his costs. It is a nice move on their...
Thanks Bill.
The AD I'm closest to formerly provided insured shipping labels but has discontinued the practice in the past year. Apparently they had some pushback from the insurer.
Might need more information? We might not have all the relevant details.
I don't know what the relevant details are - and what is and what is not relevant. Are you shipping internationally? Anything unusual about this shipment? Speed of service? And FedEx definitely allows insurance over $1000 domestic and internationally. The...
Hi Patrick.
I'm talking domestic US shipments and, no, FedEx will not insure watches for more than $1000. FedEx employees have shown me the watch insurance limitation in their operating manual. You are correct that FedEx is happy to sell insurance on other items wort...
You are correct, Dan. Unfortunately, uninformed people think they are insuring a watch shipment, when in fact...
They are just giving FedEx extra money for nothing. I'm afraid the problem is some store employees do not fully understand their company's policy, and give out inaccurate information. And shippers don't take the time to read the fine print (or they misund...
you might try secursus.com
I have used them quite a few times and they offer very reasonable rates. I must also add that I have never had to make a claim, but their reviews are good.
I lost a watch using UPS . Fortunately insured
But it was a a pain and took a while for them to pay out UPS for the record were not helpful at all I would never use them again- and I doubt I would ship overseas again Julian
Simple solution. Use a third party insurer.
It's more paperwork. But you get insurance from a third party. Yes. This does make it a two step process. I don't want to refer anyone to a specific brand of insurance but there are lots of package insurance third-party insurers.