Thursday, August 16, 2012

Shipito insurance changes: No more warehouse and no photo insurance. Insurance can be disabled. Can insure delivery and damage.

Shipito has changed the way their package insurance works significantly. The most important changes:

  1. You have the option to completely disable insurance. Please note that if you select that you do not want to insure your package, you will not be able to file a claim for the package at all, so it is not recommended.

  2. Warehouse and No Photo insurance removed, effective immediately.

  3. If you decide to insure package, you will have two options:

    1. Delivery insurance - this covers complete loss of the package during transport, but does not cover damaged or missing items in delivered package.

    2. Delivery + Damage insurance - covers complete loss of the package AND missing or damaged items. Insurance rates for both delivery and delivery+damage coverages are the same, but for delivery+damage coverage, you will need to have content photos for your package, otherwise you won't be able to select it.



  4. Insurance rates changed slightly:

    • For TNT, FedEx and DHL, extra insurance surcharges were completely removed, so the insurance is cheaper than before.

    • USPS insurance rates should be about the same, difference should not be bigger than few cents up or down.

    • Airmail Priority and Airmail Express insurance is little higher than before.



  5. There will be different rules for filing claims in different countries, which should help Shipito to process and pay the claims faster than in the past.

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3 comments:

  1. reyadAugust 23, 2012 at 7:33 AM

    So when the package gets damage, you won't get any money back? Way to go isn't it?

    ReplyDelete
  2. realbargainAugust 23, 2012 at 8:15 AM

    There are 3 options as mentioned in the post. You may use delivery+damage insurance if you like.

    ReplyDelete
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