Question: When shipping overseas how does the insurance work ?
Answer: There are 2 main type of insurances that you can obtain. The first is called “Total Loss”. This type will only cover you in the event that you do not get your entire shipment. “All Risk” Insurance is a better coverage and it includes coverage in case of damage. There are different deductible. The higher the deductible, the lower the premium. Typically international relocation companies have a basic coverage of $0.60 per lbs. However, this is not really sufficient. Typically, you would need to fill our an insurance application and listing all the items to be insured with their insured value.