Shipping, Insurance, etc.

[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

[xdrx]

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

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).