[Archive]

Posted By: Jay Miller

The first post raises an interesting question that I haven't thought about before--at what point does title to a purchase change hands? Is it at time of shipment or at time of receipt? If a buyer chooses not to pay insurance and the seller can prove he shipped the item is the buyer the loser if the package is lost or damaged? While everyone may have their own view on this question I am unaware of a generally accepted view.

Second, I would have a problem if a seller charged me for insurance and self insured. The rate that you pay the USPS, FedEx or UPS for insurance is partially a function of their financial strength and their ability to pay a claim. The seller of an item/items on ebay does not have that same financial strength and if there is a loss of several or a major item he may not have the financial ability to pay.