Shipping watches

[torifile]

I finally got around to getting my watches appraised today so my insurance policy through Jeweler's Mutual is all set. Given my proclivity to buy and sell things, I was wondering what my insurance coverage situation is WRT mailing watches to buyers. FedEx only provides insurance up to $1000 for jewelry (this includes watches) so does my policy cover mailing? Or is there some additional policy I should look into? I know that the "right" answer is to call my insurance company but I figure many of you have insurance through Jeweler's Mutual and anything I can do to avoid a phone call is a win in my book. TIA.

[dcash0615]

Can't tell you if Jewelers Mutual covers watches in shipment. Would think not. Contact a third party insurance carrier that specializes in insuring jewelery in shipment. A good one is Parcel Pro.

[breitlings]

USPS registered mail provides up to something like $50k in insurance but you won't need it imho.

[Jack T]

Can't imagine why you wouldn't confirm directly with your insurance company on items worth many thousands of dollars, not to mention your proclivity to buy and sell things.

[Alexwwjd]

When you sell a watch and you get paid for it, are you still the owner or does it already belong to the buyer? I think it is the buyer's even if you haven't shipped it yet. Then you are not shipping your watch but his/hers.


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[GB-man]

Call JM. If it's not covered I highly suggest parcel pro.

[HK Islandboy]

+1 for ParcelPro

[MILGAUSS88]

Originally Posted by Alexwwjd

When you sell a watch and you get paid for it, are you still the owner or does it already belong to the buyer? I think it is the buyer's even if you haven't shipped it yet. Then you are not shipping your watch but his/hers.

Try telling that to the buyer, when they don't receive the watch.

[Alexwwjd]

Originally Posted by MILGAUSS88

Try telling that to the buyer, when they don't receive the watch.

Good point!


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