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kwhelan

Hope your Overseas Parts orders wern't on this ship

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Happens more often than you would think!

Hence why I always check insurance on expensive items I buy that are likely to go sea freight. Many policies only cover the cost of the shipping, not the value of the goods themselves.

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1 hour ago, E30 325i Rag-Top said:

Happens more often than you would think!

Hence why I always check insurance on expensive items I buy that are likely to go sea freight. Many policies only cover the cost of the shipping, not the value of the goods themselves.

Don't forget salvage - often the most expensive part of the piece. All freight parties are held to account for this. So, if you want your freight back without going broke - insure. 

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We have a shipment on that. and don't know the status of the item yet. This is not helping what is an otherwise meh year at work, we could potentially lose 10% of of our revenue on this. (insurance only covers our costs, in this case, and not lost profit)

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