Posted By:
Charlie O'NealBuying standpoint
What I have done in the past is make sure that everything over $100 is insured for my extra protection. Under a $100 I don't insure b/c the seller has to prove that the item was delivered to me and it's in my possession or I can get my money back thru paypal.
Selling standpoint
Any auction that would end over $25 I have insurance already added into the shipping for my protection. Anything under $25 and if there is a problem I just refund the money for the auction as long as it's been missing for longer than 3 weeks.
Knock on wood I have only had to problems w/ shipping in the past twice. Both times the buyer was happy with the outcome and understood my concerns about not waiting long enough for me to be satisified that it may have been lost in the mail.