Does insurance for expensive Items in checked luggage exist?
While I plan to travel with a desktop computer in checked luggage, I am yet to find an insurance that covers much of significant value.
We have coverage that comes with credit cards with limits of $200 to $500 per item, depending on the card. Airlines also have a limit around that amount even for upgraded insurance and searching known travel insurance companies, I found similar coverage.
Does insurance exist for checked luggage between $5000 and $10000 CDN ($4000 - $8000 USD)? If so, who offers such coverage?
Best Answer
Normally an airline is responsible for your luggage and bound for compensation if it is damaged/lost by them. This compensation varies from airline to airline and only they can give you a better idea.
Most people like to opt for a private travel insurance plan. Some airlines have partners which turn out to be convenient while some people resort to 3rd party insurance firms.
from what i understand your requirement will be fulfilled by a 3rd party insurance firm you can have a look at TravelGuard or GadgetTravelInsurance.
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Can you get insurance on luggage?
When people purchase travel insurance, baggage insurance may cover checked luggage and the contents as well as their carry-on luggage and the contents within. Baggage insurance for carry-on bags is even more important because the airline is not required to reimburse people if something happens to them.Is it safe to put valuables in luggage?
We've been over this before, but we're going to go over it again: Do not put anything valuable in your checked baggage, period\u2014unless you're willing to take the chance that it will be lost, damaged, or stolen, and you recognize that you will most likely not be reimbursed for the loss.Do they actually check your checked bag?
The majority of checked baggage is screened without the need for a physical bag search. Inspection Notices: TSA may inspect your checked baggage during the screening process. If your property is physically inspected, TSA will place a notice of baggage inspection inside your bag.Do checked bags go to baggage claim?
In most cases, gate checked bags will be sent to the baggage claim along with all the paid, checked luggage. Meaning you'll have to say goodbye to that speedy exit at your destination.10 Things to NEVER Pack in a Checked Bag (checked baggage packing rules \u0026 tips 2022)
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Answer 2
Forget travel insurance or excess value for expensive items in luggage. Home contents insurance will cover items at a much lower cost. Many policies will allow you to declare a "high-value item" that is covered for pretty much anything, including lost in transit.
The cost is usually around 1% of the item's value per annum, for example I have something worth £2500 that costs me about £25 extra a year, so if you plan on flying a few times it's worth it. You also get the benefit that it's covered for pretty much anything as mentioned before, so if your house burns down or you crash your car with it in the boot, it's covered.
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