Scott Shepherd
09-18-2007, 8:12 PM
Nothing earth shattering here and probably obvious to those who pay attention in class, but that wasn't me. When getting our new laser shipped, the shipping company wanted $170 or something like that for shipping insurance. Didn't make sense to me. Since when can a trucking company drop your machine off the loading dock, break it into bits and they aren't responsible for it? That's a news flash to me.
However, we contacted several places about it and all said that they did have insurance, and it would be to the rate of $1 per pound or something stupid like that, meaning on your new laser, if they dropped it off the truck and destroyed it, they'd owe you a whopping couple of hundred bucks and you'd be screwed.
That still didn't seem right to me, so I contacted my business insurance company and found out that it's part of our policy. So if we bought a machine, had it shipped and it was damaged, it would be covered under our policy. I assume it's standard in all policies since we didn't ask for anything additional when we got the insurance. They also said they could raise the limit for that for a premium as well.
So before you blow that money on shipping insurance, make a few phone calls and you might find out you can skip the shipping insurance and save yourself a couple of hundred bucks.
Or, if you don't have it covered on your business, then perhaps you should look into it, as it's cheap to add it.
Just a little something I found out and meant to share earlier.
Hope this saves someone some cash. If it does, please split it with me :)
However, we contacted several places about it and all said that they did have insurance, and it would be to the rate of $1 per pound or something stupid like that, meaning on your new laser, if they dropped it off the truck and destroyed it, they'd owe you a whopping couple of hundred bucks and you'd be screwed.
That still didn't seem right to me, so I contacted my business insurance company and found out that it's part of our policy. So if we bought a machine, had it shipped and it was damaged, it would be covered under our policy. I assume it's standard in all policies since we didn't ask for anything additional when we got the insurance. They also said they could raise the limit for that for a premium as well.
So before you blow that money on shipping insurance, make a few phone calls and you might find out you can skip the shipping insurance and save yourself a couple of hundred bucks.
Or, if you don't have it covered on your business, then perhaps you should look into it, as it's cheap to add it.
Just a little something I found out and meant to share earlier.
Hope this saves someone some cash. If it does, please split it with me :)