Personal Finance & Money Asked by justforplaylists on February 11, 2021
I’m repatriating from the U.S. to Canada. My apartment is ending my lease on the day I fly out, then I’ll be staying in a hotel for a while before moving to permanent housing.
I have some antiques that I’m planning on taking in my carry-on. It seems like all travel insurance is pretty limited in what it will cover. I don’t think my homeowners insurance will cover me outside of my current apartment.
Is there a way for me to insure my items in case of airport theft?
(Secondary question: My other option is to ship the items to relatives who can drive them across the border, but they might have to pay duty and I won’t. In this case I think the shipping company would reimburse any loss – is that correct?)
I assume that if you can take these antiques in your carry-on when you fly to Canada then they are reasonably small. If so, you can buy USPS insurance for up to $5,000 to protect against loss or damage. You can view the cost of the insurance here.
There are also provisions for Special Handling for fragile shipments including unusual items like bees, animals, cremated remains, and perishables.
The recipient must provide appropriate identification.
Answered by Bob Baerker on February 11, 2021
You are correct the basic insurance that an US customer has won't cover the act of moving your possessions between homes.
The basic insurance that a moving company offers is based on weight, which makes it a terrible option for valuable items because if they lose/break a 5 lb antique, the amount they reimburse will be the same as if they lose 5 lbs of t-shirts. They do have other policies that might make more sense.
Your issue is made even more difficult because of the border crossing making the insurance even more complex, and your concern about duty. You will have to address the duty issue regardless of the method of the item crossing the border. A shipper will have to know how to handle the paperwork, and you will have to declare it.
For the insurance issue, talk to an independent insurance broker/agent, they may have more options available to offer you. Since you will need coverage for a while in Canada, you might start with an insurance company there.
Answered by mhoran_psprep on February 11, 2021
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