View Single Post
  #5  
Old 02-23-2020, 08:35 PM
hcv123 hcv123 is offline
Howard Chasser
Member
 
Join Date: Sep 2009
Location: NY
Posts: 3,562
Default Ditto

Quote:
Originally Posted by ValKehl View Post
Brian, certified mail costs $3.55, and it is my understanding that this doesn't protect the shipper from loss or damage by the USPS while in transit. For the same $3.55 you can purchase $200 of USPS insurance to cover such loss or damage. BTW, if one purchases over $500 of USPS insurance, the USPS carrier is required to obtain a signature upon delivery, and this is reflected in the cost of insurance - $500 of USPS insurance costs $7.10, and $501 of insurance costs $9.55. FYI, I never purchase certified mail, but I almost always purchase insurance when I ship cards worth more than $100.
I will sometimes purchase insurance for less than the value of what I am sending and "self insure" for the balance. If it's a bigger deal - will always take at least as much insurance as will require a signature.
Reply With Quote