Postage Insurance

If I’m selling an expensive watch do eBay now cover the cost of the postal insurance. The maximum Royal Mail Special Delivery insure for us £2500. If I post do eBay pick up the difference ? Thanks

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Re: Postage Insurance

eBay's Simple Delivery only covers up to £750 and watches are not covered by them anyway.

 

 

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Re: Postage Insurance

jckl1957
Experienced Mentor

No.

You are responsible for getting the watch safely to the authenticator.

Ebay simply advise you use a 'a shipping service with signature confirmation'.

"There are two ways to be fooled. One is to believe what isn't true; the other is to refuse to believe what is true.”
Søren Kierkegaard, Danish philosopher (1813 - 1855)
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Re: Postage Insurance

I'm having the same issue, sold a watch on eBay for £5300 and I even asked if I could take it to the authenticator personally and they said no. Additional insurance is available but with a bit of digging it seems these companies do not like to pay out so it is just a scam.

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Re: Postage Insurance

I don't think any of the main couriers even pay out if they are being shipped to an authentication service, even if you pay extra for the insurance. I brought it up at the open event last year and was met with faces like I had just appeared from Mars. They know its an issue but people risk it either with or without the knowledge. 

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Re: Postage Insurance

Seems crazy. So the only safe way is to deliver or collect personally in that case (or take a big risk).

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Re: Postage Insurance

If you had of taken it "to the authenticator personally " how would you have of proved that you had done so ?.

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Re: Postage Insurance

Basically anything over £2500 and you're just rolling the dice. As a buyer you're covered by eBay but as a seller you cant even get 3rd party insurance companies to cover you, they did (or at least just did) only do offer insurance if you send direct to the customer. I understand though as the authenticator is just a warehouse so accept a cage of parcels and dont sign for each one so the chances of one going missing is way too high to risk it. 

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