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Insured Mail: Why?

Started by Joey2k, April 09, 2007, 03:16:35 PM

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beeber

#15
April 10, 2007, 04:39:44 PM
so (to continue the ebay example) if i win game x for $5, pay 3.50 for shipping, and then tack on the standard 1.30 for insurance, what do i get back?  if the game was lost/destroyed, i can't get another, so i get 5.00 back?  8.50 to include the shipping too?

yeah, if it's worth a fair bit i can see doing it (like joe's textbook example).  but for the small change stuff i get from ebay it's a waste of money i say.

James McMurray

#16
April 10, 2007, 04:47:56 PM
What game? You could definitely get back the cover price, regardless of what you paid for it.

cnath.rm

#17
April 10, 2007, 05:02:26 PM
Quote from: beeberso (to continue the ebay example) if i win game x for $5, pay 3.50 for shipping, and then tack on the standard 1.30 for insurance, what do i get back?  if the game was lost/destroyed, i can't get another, so i get 5.00 back?  8.50 to include the shipping too?

yeah, if it's worth a fair bit i can see doing it (like joe's textbook example).  but for the small change stuff i get from ebay it's a waste of money i say.
That depends on how much the shipper insured it for. The norm I believe is to insure the purchase amount, so in your example you would get $5.00 and would be out the $3.50 for shipping and the $1.35 for insurance. (USPS insurance starts at $1.35 for up to $50 of value)

I'm not sure how well it works insuring for the original value as opposed to what was paid, I'm guessing that some sort of proof of value would be required to file a claim and always figured that if I simply reprinted the PayPal invoice it would work the easiest as I was selling used gamebooks and such.
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beeber

#18
April 10, 2007, 08:36:56 PM
james:  no particular game.  it hasn't happened to me.  i was speaking hypothetically, thankfully.

to cnath.rm:  thanks, that's kind of what i had thought.  thanks for clarifying.
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