Question about united states postal service insurance
thenarcissus01
Posts: 344
I bought an expensive card for a little over $3000 (2001 Bowman Chrome Pujols). The person wants to charge me $3.00 to mail and $35 insurance. However, if I read the postal site correctly I can get registered mail between $3-$4000 for $12.95 plus postage. Is this correct?
2.0 Registered Mail
2.1 Registered Mail Fees
Fees and charges are in addition to postage:
Declared Value
Fee (in addition to postage)
Declared Value
Fee (in addition to postage) 1
$0.00
$7.90
$25,000.01 to $1,000,000
$31.85
+ handling charge of
$0.90 per each $1,000 or fraction
thereof over first $25,000
0.01 to 100
8.45
100.01 to 500
9.35
500.01 to 1,000
10.25
1,000.01 to 2,000
11.15
$1,000,000.01 to $15,000,000
$909.35
+ handling charge of
$0.90 per each $1,000 or fraction
thereof over first $1,000,000
2,000.01 to 3,000
12.05
3,000.01 to 4,000
12.95
4,000.01 to 5,000
13.85
5,000.01 to 6,000
14.75
Over $15,000,000
$13,509.35
+ amount determined by USPS
based on weight, space, & value
6,000.01 to 7,000
15.65
7,000.01 to 8,000
16.55
8,000.01 to 9,000
17.45
9,000.01 to 10,000
18.35
Additional Services
Fee (in addition to postage)
10,000.01 to 11,000
19.25
COD Collection Charge
(maximum amount collectible is $1000)
$4.20
11,000.01 to 12,000
20.15
12,000.01 to 13,000
21.05
2.0 Registered Mail
2.1 Registered Mail Fees
Fees and charges are in addition to postage:
Declared Value
Fee (in addition to postage)
Declared Value
Fee (in addition to postage) 1
$0.00
$7.90
$25,000.01 to $1,000,000
$31.85
+ handling charge of
$0.90 per each $1,000 or fraction
thereof over first $25,000
0.01 to 100
8.45
100.01 to 500
9.35
500.01 to 1,000
10.25
1,000.01 to 2,000
11.15
$1,000,000.01 to $15,000,000
$909.35
+ handling charge of
$0.90 per each $1,000 or fraction
thereof over first $1,000,000
2,000.01 to 3,000
12.05
3,000.01 to 4,000
12.95
4,000.01 to 5,000
13.85
5,000.01 to 6,000
14.75
Over $15,000,000
$13,509.35
+ amount determined by USPS
based on weight, space, & value
6,000.01 to 7,000
15.65
7,000.01 to 8,000
16.55
8,000.01 to 9,000
17.45
9,000.01 to 10,000
18.35
Additional Services
Fee (in addition to postage)
10,000.01 to 11,000
19.25
COD Collection Charge
(maximum amount collectible is $1000)
$4.20
11,000.01 to 12,000
20.15
12,000.01 to 13,000
21.05
0
Comments
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It appears to be so.
It looks like about $23.00 +/- (including any packing materials/box).
Your seller wants to make an extra $15.00 for his trouble.
One large ebay seller recently tried to charge me $65. shipping on a 5K card. When I said no way he reduced it to $45. Still a ripoff, but since I won it for well below my max I just figured it was part of the deal.
I sent 50 slabbed cards with 17.5K of insurance registered for just under $40.
Always looking for Topps Salesman Samples, pre '51 unopened packs, E90-2, E91a, N690 Kalamazoo Bats, and T204 Square Frame Ramly's
something, so you are probably looking at a total shipping cost of under
$15.00. But it will be a little more work on the seller's end to Register it
to specifications. (Covered with the brown tape)
BTW: Cubby=Cub Fan
Going from Wisconsin to Texas, cost with insurance in a 400 ct. box was - $12.95 insurance, and $2.07 postage. Total: $15.02 .
Maybe the seller is trying to offset some fee's by charging more.
I think $20 would be a reasonable shipping amount for your Pujols card, although many sellers are unreasonable and gouge on shipping.
Good luck,
Rich
To prepare a package properly to send registered it can take an extra half an hour to an hour easily,
especially if you do not have the proper tape, materials etc.
How much is your time worth or the time of the person sending it, would be the question in my mind??
if so maybe you could have asked before hand.
I agree sending registered is more work.
Steve
however it also is optional.
Nite before last i won a 3 coins over 2 auctions. total value 75.00
Seller has two ways for me to choose shipping.
10.00 priority mail
4.00 1st class mail
I opt for first class mail.
On the final invoice seller made insurance as optional.
5 minutes after paying via paypal I get an email, Seller is whining that he really wanted to insure it and he will send it w/o insurance but the risk will be mine. Which is a total crock IMO
I used my Amex card via paypal.
Ok, I write the seller back and politely explain that if he really wanted to insure it he should have made it mandatory. I also pointed out that on the auction page it stated that insurance was included in the shipping and handeling. Most prolly left there from a previous auction I now assume. In any event I also emailed him and said if it made him more comfortable I would paypal him the dough for insurance. His latest email to me was to nevermind he had insured it for 50.00. The items cost 75.00
Steve
Some people......
Steve
If I as a carrier get a package out to the street and lose it or damage it then it's possible for me to say the damage or loss happened before I got it. The dist clerk that sorted it to me can blame the machine handler. It's like that with fedex and ups too so don't hold it against usps but there is almost no accountability for damage or loss for anything but registered.
If I lose or damage a registered package I'm on the hook. I can be forced to pay for it with $ or my job. I'm not risking losing a good career or a lot of money because I can't take the extra minute and be careful.
////////////////////////////////////
No JOKE !
Insurance is meant to protect the seller, not the buyer; especially in a PayPal transaction.
As I have stated many times, I have no problem with sellers trying to con
buyers out of the extra money for insurance, but when the con flops, it is
prudent for the seller to simply pay for the insurance.
ONLY when EBAY finally mandates that all S&H shall be included in the
price of the item listed/sold, will the disruption of constant S&H disputes
be ended. MILLIONS of registered users no longer use EBAY because
of the S&H controversies.
FREE S&H is heading EBAY's way; and, it is long past due.
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<< <i>Just to update you guys. The seller did agree to $15.95 for insured registered mail which I feel is reasonable. >>
Glad to hear your seller agreed to charge you about cost on your item. Sending it Registered is a pain to pack but the savings over standard insured mail is well worth it to me as a seller.
It takes me about 15 minutes to package up a reg. mail package.
I'm not that efficient at it. I think the break even point where
registered mail is less than standard insured mail is $800 or higher. Any amount higher should be mailed registered if the seller wants to charge the buyer the least amount possible and still have your item fully coverage.
Question for Storm, you mentioned that insurance is for the seller and not the buyer for paypal protection. Do you have a link to this info for me to check out? Maybe I'm misinformed but I thought that proof of delivery(either delivery conf. or signature conf.) to a confirmed address was all that was required of sellers to be protected from charge backs for lost items in the mail. Did paypal institute a new policy recently?
The resaon I'm asking is I mail out everything with del. confirmation and I offer insurance as a buyer optional service. Trying to keep the shipping costs down for buyers. My opinion is you shouldn't make buyers purchase insurance to have USPS employees do their job correctly in the first place. And I have nothing but good things to say about our US postal system too. I'm not knocking them here.
Regards,
Rich