Moving Insurance Explained

November 20, 2017Resources

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Moving Insurance Explained

November 20, 2017 Resources

Regardless of the great progress made in security, cargo manipulation and packaging quality provided by Decapack, international transport is not exempt from risk. Apart from reinforcing the importance of hiring insurance for your relocation, in this document you will find a detailed explanation of the characteristics and insurance terms that Decapack offers.

Here we provide answers to:

1. WHY DO I NEED TO INSURE MY GOODS AND PERSONAL EFFECTS?

2. ALTERNATIVES TO DETERMINE THE AMOUNT TO DECLARE

  • 2.1. Valued Inventory
  • 2.2. Global Value

3. GENERAL TERMS

  • 3.1. Substitution value at destination
  • 3.2. Minimum premium
  • 3.3. Deductible
  • 3.4. Duration
  • 3.5. Co-Insurance clause
  • 3.6. Automobiles, motorcycles or boats/vessels

4. COVERAGE LIMITS AND EXCLUSIONS

  • 4.1. Exclusions
  • 4.2. Goods packed by the owner
  • 4.3. Limited articles
  • 4.4. Non-covered articles

5. ADDITIONAL COVERAGE

  • 5.1. Pairs and sets
  • 5.2. Mildew and humidity stains
  • 5.3. Electronic or mechanic damages

6. SHIPMENT AND TRANSPORTATION COSTS

7. RISKY OR NON-COVERED DESTINATIONS

8. CLAIMS

Download all the detail in the pdf “Insurance Explained” and also you can download the spreadsheet┬á“Insurance Inventory Form“. In the last, declare the Replacement Cost at destination of all items in your shipment.