Is it possible to insure full value but lower declared value of bag?

C

cdpd98

Member
Dec 17, 2006
79
0
#1
Do you know if I can still insure a bag for full value, if I lower the declared value of the bag? Sorry to be so clueless but this will be my firsat time doing this.

Thanks!
 
#3
If you insure for the actual amount then declare the bag lower, it won't make difference. The custom still ask your receiver to pay the higher amount stated on the package
 
#4
I don't think you can insure for more then you are declaring the value to be... that might be a post office rule. You could always call and ask them :smile: I know both values get written on the customs form so they'd likely pay duty taxes on the higher value like lvgodiva said.
 
#7
BagAngel said:
I ship internationally I can get 500GBP insurance but I declare the item at just under 200$, none of my buyers have ever had to pay duty
Click to expand...

Wow :nuts: UK has very good terms about it. Here ( I'm in Asia ), for item above $50, we've to pay custom even the insurance cover half of the item value only, so bad :Push:

I received LV Shoes from Euro. The actual amount Euro 150 + Euro 50 for shipping. Seller insured it for Euro 130 and declare the amount as Euro 200. The worse, I've to pay custom for over Euro 160 :cursing: what?? It's over my actual item value
 
#8
lvgodiva said:
Wow :nuts: UK has very good terms about it. Here ( I'm in Asia ), for item above $50, we've to pay custom even the insurance cover half of the item value only, so bad :Push:

I received LV Shoes from Euro. The actual amount Euro 150 + Euro 50 for shipping. Seller insured it for Euro 130 and declare the amount as Euro 200. The worse, I've to pay custom for over Euro 160 :cursing: what?? It's over my actual item value
Click to expand...


I bought recently from the US, item cost and shipping was £35.00,customs form had no value on it, said Gift, hadn't been opened to be checked. I was charged £37.50 Customs duty!!!! HOW do they work that out??? It says on the form, tax due on items over £18.00 ~ gifts you are allowed up to £36.00??

I cannot understand how they come to that amount.:Push:
 
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