Be careful when insuring packages through eBay...it doesn't cover coins

Dennis88

I just read the small print. The insurance that ebay provides (from "Shipcover" which is Interstate Fire and Casualty Company in Chicago, IL) does NOT cover coins or bullion.

Just making sure everyone is aware of this.

Dennis

bigjpst

You are correct. But in the drop down menu you can choose insurance through USPS which does cover numismatic items.

lostincoins

I always use the INS from USPS

Unknown

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LindeDad

And they will gladly sell it too you.

AUandAG

And where have you been Dennis88? It's been this way for over a year now....

Just pick USPS for shipping.
bob

drfish

The default insurer is Shipcover which is somewhat deceiving. You have to switch to USPS. I'm sure that eBay could fix this and really should remove Shipcover as an option in the Coin/Currency category

Dennis88

OK, I might have had to add that this came up when trying to ship an international package. I just never noticed it before.

Dennis

derryb

and if shipping priority mail through ebay or paypal, USPS offers up to $45 insurance for free.

LanceNewmanOCC

<< <i>The default insurer is Shipcover which is somewhat deceiving. You have to switch to USPS. I'm sure that eBay could fix this and really should remove Shipcover as an option in the Coin/Currency category >>



a big fat +1
.

Lakesammman

If you ship a significant volume annually, ShipandInsure.com claims it can save you 80% on insurance.

It has a higher limit as well, $75,000.

If you only ship occasionally, the annual fee would keep you from saving money.

I like that the packages look more anonymous with 3rd party insurance as opposed to those insured through the USPS.

Barndog

good to know, I had not realized it before.

johnny9434

<< <i>good to know, I had not realized it before. >>

+1. didnt know that either.