Go Back   Horizons Unlimited - The HUBB > Planning, Trip > Trip Paperwork
Does having a carnet absolve you of responsibility Does having a carnet absolve you of responsibility
Register FAQ Calendar Today's Posts
Trip Paperwork Covers all documentation, carnets, customs and country requirements, how to deal with insurance etc.
Photo by George Guille, It's going to be a long 300km... Bolivian Amazon

I haven't been everywhere...
but it's on my list!


Photo by George Guille
It's going to be a long 300km...
Bolivian Amazon



Reply
 
LinkBack Thread Tools Display Modes
  #1  
Old 5 Feb 2006
Registered Users
HUBB regular
  
Join Date: Aug 2005
Posts: 37
Does having a carnet absolve you of responsibility
Hi guys,
I read that having an insurance bought with the carnet does not absolve you of the responsibility of having to pay the 5 or 10 times the value of your vehicle it only gets you the carnet in the first place. So is it better to put the cash up front cos if you mess up its going to cost you the same either way. i hope you understand the question as it gails me to pay out for effectivly nothing
Nice one Tim
Reply With Quote
  #2  
Old 5 Feb 2006
Registered Users
HUBB regular
  
Join Date: Jan 2006
Location: London, UK
Posts: 32
If you buy insurance you normally pay 10% of the total bond, and get half of that back assuming you dont lose the vehicle. If you do lose the vehicle, and assuming you cant pursuade the customs officials in the country concerned that it was stolen, you don't get the 5% back. But you dont pay any more.

In my opinion this is a bit of a scam. It seems to assume that the risk of people losing their vehicles is one in twenty. I'm sure the actual number is an awful lot less than that. I think it works on the basis that many people simply cannot raise the money in the first place.
Reply With Quote
  #3  
Old 6 Feb 2006
Contributing Member
Veteran HUBBer
  
Join Date: Jul 2002
Location: Sydney, NSW, Australia
Posts: 1,362
Quote:
Originally posted by hobnob:
it gails me to pay out for effectivly nothing
Nice one Tim
It buys you a bit of paper that is recognised. The alternative is to pay the money at the border and then get it back as you leave. When you pay the money in, they will ask for a gift. When you get the money back ... they may keep some of it for a tax, transfer fee, commission, ... etc etc. Oh don't forget the exchange rate into their currency and back again... loose loose.

I'd rather have the bit of paper. Think it is the cheaper way.
__________________
---
Regards Frank Warner
motorcycles BMW R80 G/S 1981, BMW K11LT 1993, BMW K75 G/S
Reply With Quote
  #4  
Old 7 Feb 2006
Registered Users
Veteran HUBBer
  
Join Date: Nov 2004
Location: Brisbane, QLD, Australia
Posts: 139
Hobnob, I know what you are saying as I had the same thoughts. Yes my understanding is the insurance policy does NOT relieve you of having to pay the insurance company the bond. It only really covers the motoring organisation that issued the carnet.

Dont forget that if you put up the money yourself (to get the carnet I mean), that costs you money too - in interest you could have earned or that you are paying if you borrowed it.

I also looked into a bank indemnity, but that required me to borrow against my house loan and put that money in a seperate term deposit. I get interest from term deposit, but its about 2% less than what I am paying on the house loan. So it costs me about 2% of the amount I borrow/deposit. Guess what, the insurance premium here in Aus is 2% of the amount you get. So it will cost me the same, mmmm.... guess that how they come up with their insurance fees.

John
Reply With Quote
  #5  
Old 7 Feb 2006
Registered Users
HUBB regular
  
Join Date: Aug 2005
Posts: 37
Nice one for the replies chaps
Some good observations, ive just worked out how much interest i would loose on the money if i put the bond up myself and you are right it costs the same as the insurance so i feel a little better knowing that i cant do it any cheaper myself. Lets hope the Truck doesnt get nicked cos hope do you prove a negative!!!!! to the carnet people
Tim
Reply With Quote
  #6  
Old 21 Mar 2006
Grant Johnson's Avatar
HU Founder
Veteran HUBBer
  
Join Date: Dec 1997
Location: BC Canada
Posts: 7,230
Quote:
Originally posted by hobnob:
Nice one for the replies chaps
Lets hope the Truck doesnt get nicked cos hope do you prove a negative!!!!! to the carnet people
Tim
police reports! and get them to help you sort out the stamp in the carnet with the customs people.

Grant

__________________
Grant Johnson
Seek, and ye shall find.
------------------------
Inspiring, Informing and Connecting travellers since 1997!
www.HorizonsUnlimited.com
Reply With Quote
Reply

« Previous Thread | Next Thread »

Currently Active Users Viewing This Thread: 1 (0 Registered Users and/or Members and 1 guests)
 

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On

 
 

Announcements

Thinking about traveling? Not sure about the whole thing? Watch the HU Achievable Dream Video Trailers and then get ALL the information you need to get inspired and learn how to travel anywhere in the world!

Have YOU ever wondered who has ridden around the world? We did too - and now here's the list of Circumnavigators!
Check it out now, and add your information if we didn't find you.

Next HU Eventscalendar

HU Event and other updates on the HUBB Forum "Traveller's Advisories" thread.
ALL Dates subject to change.

2024:

Add yourself to the Updates List for each event!

Questions about an event? Ask here

HUBBUK: info

See all event details

 
World's most listened to Adventure Motorbike Show!
Check the RAW segments; Grant, your HU host is on every month!
Episodes below to listen to while you, err, pretend to do something or other...

2020 Edition of Chris Scott's Adventure Motorcycling Handbook.

2020 Edition of Chris Scott's Adventure Motorcycling Handbook.

"Ultimate global guide for red-blooded bikers planning overseas exploration. Covers choice & preparation of best bike, shipping overseas, baggage design, riding techniques, travel health, visas, documentation, safety and useful addresses." Recommended. (Grant)



Ripcord Rescue Travel Insurance.

Ripcord Rescue Travel Insurance™ combines into a single integrated program the best evacuation and rescue with the premier travel insurance coverages designed for adventurers.

Led by special operations veterans, Stanford Medicine affiliated physicians, paramedics and other travel experts, Ripcord is perfect for adventure seekers, climbers, skiers, sports enthusiasts, hunters, international travelers, humanitarian efforts, expeditions and more.

Ripcord travel protection is now available for ALL nationalities, and travel is covered on motorcycles of all sizes!


 

What others say about HU...

"This site is the BIBLE for international bike travelers." Greg, Australia

"Thank you! The web site, The travels, The insight, The inspiration, Everything, just thanks." Colin, UK

"My friend and I are planning a trip from Singapore to England... We found (the HU) site invaluable as an aid to planning and have based a lot of our purchases (bikes, riding gear, etc.) on what we have learned from this site." Phil, Australia

"I for one always had an adventurous spirit, but you and Susan lit the fire for my trip and I'll be forever grateful for what you two do to inspire others to just do it." Brent, USA

"Your website is a mecca of valuable information and the (video) series is informative, entertaining, and inspiring!" Jennifer, Canada

"Your worldwide organisation and events are the Go To places to for all serious touring and aspiring touring bikers." Trevor, South Africa

"This is the answer to all my questions." Haydn, Australia

"Keep going the excellent work you are doing for Horizons Unlimited - I love it!" Thomas, Germany

Lots more comments here!



Five books by Graham Field!

Diaries of a compulsive traveller
by Graham Field
Book, eBook, Audiobook

"A compelling, honest, inspiring and entertaining writing style with a built-in feel-good factor" Get them NOW from the authors' website and Amazon.com, Amazon.ca, Amazon.co.uk.



Back Road Map Books and Backroad GPS Maps for all of Canada - a must have!

Your ad could be here, on EVERY page of the HUBB, or the whole website, or as many as you like!

New to Horizons Unlimited?

New to motorcycle travelling? New to the HU site? Confused? Too many options? It's really very simple - just 4 easy steps!

Horizons Unlimited was founded in 1997 by Grant and Susan Johnson following their journey around the world on a BMW R80G/S.

Susan and Grant Johnson Read more about Grant & Susan's story

Membership - help keep us going!

Horizons Unlimited is not a big multi-national company, just two people who love motorcycle travel and have grown what started as a hobby in 1997 into a full time job (usually 8-10 hours per day and 7 days a week) and a labour of love. To keep it going and a roof over our heads, we run events all over the world with the help of volunteers; we sell inspirational and informative DVDs; we have a few selected advertisers; and we make a small amount from memberships.

You don't have to be a Member to come to an HU meeting, access the website, or ask questions on the HUBB. What you get for your membership contribution is our sincere gratitude, good karma and knowing that you're helping to keep the motorcycle travel dream alive. Contributing Members and Gold Members do get additional features on the HUBB. Here's a list of all the Member benefits on the HUBB.



All times are GMT +1. The time now is 01:01.

Contact Us - Horizons Unlimited Motorcycle Travellers Website - Archive - Privacy Statement - Top