Quote:
Originally Posted by ValKehl
Hi Dean - Earlier this year I had to file a claim with the USPS to obtain an insurance recovery for a card (actually a T330-2 Piedmont Art Stamp) that I sold to a fellow Net 54er that never reached it's destination. In addition to completing the required paperwork, I had to submit documentation to support the amount of insurance recovery I was claiming. I submitted the emails I exchanged with the purchaser, which contained the price he agreed to pay, and the USPS paid my claim on a timely basis. However, if I had insured the card for more than a value I could document, as I understand it, the USPS would not have paid me the full amount of the insurance I purchased.
Val
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Thanks Val, good anecdote. I'm glad to hear that the USPS allows you to submit evidence to support your claim. Makes sense that they won't cover insurance above actual value. I was more concerned that they wouldn't believe a piece of cardboard was worth hundreds of dollars (or more).