Shipping container insurance

Arockingace



Joined: 24/01/2011
Posts: 75

Message Posted:
23/11/2011 11:34

After conflicting advice on the "why's and wherefore's" of insuring a container, we have decided it's better to do it instead of lose it!!



So we would be grateful for any suggestions for competitive insurers.



Many thanks.

Agobard


Joined: 20/08/2008
Posts: 271

Message Posted:
23/11/2011 16:52

I have bought marine insurance here and for a very reasonable price. Give Halil Atakan a call: 0533-8650198. Very helpful guy who will definitely be able to sort this for you.

Arockingace



Joined: 24/01/2011
Posts: 75

Message Posted:
23/11/2011 17:18

Thanks for that, I'll give him a call.

MrsSnakes



Joined: 19/12/2008
Posts: 1100

Message Posted:
23/11/2011 17:58

Our experience was halfway through the house being professionally packed, Olytrans emailed to say they were not sure their Insurance would pay out if anything happened!! We then had to find a Marine Insurance in the UK that would cover us and changed the way that the shipping was conducted making Olytrans the receiver of goods only.

Simhar


Joined: 18/05/2009
Posts: 227

Message Posted:
23/11/2011 17:59

Arockingace



Make very sure that the insurance covers you for TRNC. We shipped a container from the UK, insured, but contrary to the Bill of Lading our container was off loaded at Mersin and then shipped via a TRNC registered ship to North Cyprus. Ship sunk just off of Famugusta, insurance invalid because it was on a ship registered in the TRNC which the insurance company did not recognise. Lost everything but family all safe and living very happily in the TRNC. We wanted a new start, well we got one! Good luck.

the butler


Joined: 22/06/2007
Posts: 1958

Message Posted:
23/11/2011 18:06

Unless you have receipts for everything you are packing, then it is not worth buying insurance. If you need to make a claim the first thing they ask for is the receipts. We had a box with 8 bottles of very expensive whisky dropped by a porter at Famagusta but we never got a penny because we didn't have a receipt. The same with the box of wine they managed to drop, this was witnessed but we never received any compensation.



The butlers wife

Arockingace



Joined: 24/01/2011
Posts: 75

Message Posted:
23/11/2011 18:31

This is certainly a minefield!!



I appreciate all the advice though.

Arockingace



Joined: 24/01/2011
Posts: 75

Message Posted:
23/11/2011 18:45

Had a price for all risks at £500!



Looks a little heavy to me??

rowlo



Joined: 12/10/2008
Posts: 4796

Message Posted:
23/11/2011 18:55

depends on how much you value the contents msg8?

dalartokat


Joined: 14/04/2008
Posts: 734

Message Posted:
24/11/2011 00:17

Arockingace....Fair few years back when I went to NC my goods were with Aerofreight Cargo, won't go into the whole story but some of our goods were damaged and I got my money back. I was insured with Albion Insurance Co. Ltd. City Reach, 5 Greenwich View Place, Millharbour, London E14 9NN.



Don't know if they are still there but they liaised with a guy in Lefkosia who came to my home in NCyprus on behalf of the Insurers and looked at everything, I was paid out 1 month later. I did not have receipts for the goods that were damaged.



He wrote it all in a letter(copy of which I still have) was told to copy it and send off. If you would like a copy of this letter, happy to send it to your UK address where I am also. Remember whatever you do is to make sure you have a complete list of all the goods going into the container, which Ship your goods are going onto for Mersin Turkey then onto Famagusta and a copy of the Removal Estimate prepared by your Shipping Agent.

PhilUK


Joined: 31/03/2010
Posts: 236

Message Posted:
24/11/2011 00:23

I didn't bother with insurance as I packed my own container and as such you can only buy 'total loss' insurance-I figured the odds against the boat going down outweighed the cost.

Stuff all arrived intact.

re Msg 6- I didn't think you were allowed to bring alcohol in anyway?

dalartokat


Joined: 14/04/2008
Posts: 734

Message Posted:
24/11/2011 00:32

Albion Insurance Company changed its name to Sterling Insurance Company.



We also packed our own goods and watched them go away with Aerofreight Cargo, this was one of the reasons we got paid out, as I knew how things were packed and how they ended up in NC. It became obvious that someone had rearranged the packing, which must have been done before the goods were actually put onto the container.



I cannot remember if we arranged the Insurance or Aerofreight Cargo did at the time.

the butler


Joined: 22/06/2007
Posts: 1958

Message Posted:
24/11/2011 08:42

Msg11,



We checked this out before packing and were told you can bring alcohol into the TRNC if it is from your cupboards and for your own use. My husband was a butler and lots of the wine that was dropped was good quality stuff that had been collected over several years. The whiskey was the same, over £40 per bottle to buy in the UK.





The butlers wife

Arockingace



Joined: 24/01/2011
Posts: 75

Message Posted:
24/11/2011 10:14

Msg 12



Thanks for the tip, I'll get in touch with them today.

Firat


Joined: 27/05/2010
Posts: 70

Message Posted:
05/12/2011 12:10

Have you done your insurance yet.

If not You can contact me anytime.



Reliance Insurance Brokers Ltd

0090533 8406777

JKSLapta


Joined: 08/06/2009
Posts: 547

Message Posted:
05/12/2011 16:24

Try http://www.reason-insurance.com They specialise in maritime insurance & are regulated by the FSA etc..