When I last looked into it, the RM policy is to insure up to declared value (so if it's £600 but you declared £500 you still have a claim up to the declared value), UNLESS you exceed the maximum value at which point their insurance goes to £0.
Whether they pay out or not is another story of course.
Last edited by ryanb741; 27th April 2024 at 15:10.
Did you pay for additional insurance ?
Their standard payout (Fedex) is limited to a few c/kg so pretty useless.
I would claim it the amount you insure for. When they inevitably ask for proof you can explain your surprise at that point.
You could always say as it was an auction you thought it sold for more than it was worth so were being honest ?