registered insured vs registered
Weg
Posts: 544
After reading a thread about shipping 300 oz I thought about confirming this. I've been told when shipping anything valued between $5,000 and $25,000 to ask for registered NOT registered and insured. Apparently registered is insured by default which is why they always ask the value, so ask for registered and do not even say the word insured. If a person ask for registered AND insured they pay for insurance twice.
I believe I've done this both ways in the past and remember almost falling over when told how much it was costing when I asked for registered and insured. The last time I shipped I just asked for registered, the clerk asked the value and the cost to ship was not that bad. Can anyone confirm this?
I believe I've done this both ways in the past and remember almost falling over when told how much it was costing when I asked for registered and insured. The last time I shipped I just asked for registered, the clerk asked the value and the cost to ship was not that bad. Can anyone confirm this?
Remember, I'm pullen for ya; we're all in this together.---Red Green---
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that it doesn't get mixed with 3rd class "insured." I know they aren't going to place both "insured" and "registered" stickers on your package. Selecting regular 3rd class Insurance probably only covers $500-$1,000 of value. I haven't done if in years. Probably ends at about where REG starts. In any case it is expensive to send a 300 oz package via REG mail. I did it a few months ago and it ran around $50 total using a flat rate box.
roadrunner
Registered & Insured is much cheaper than Priority & Insured - that I can confirm.
I knew it would happen.
In honor of the memory of Cpl. Michael E. Thompson
Velocity, Not Valuation Defines A Bubble.
<< <i>Shipper must declare full value on the Form 3806 that is handed to the clerk at time of shipment. Per the form "domestic insurance up to $25K is included based upon the declared value." >>
Exactly. The higher value you declare on the form the more you will pay to insure that value, but you pay it at Registered Mail rates and these are significantly lower than First Class insured rates. The rate table is here.
In honor of the memory of Cpl. Michael E. Thompson
When a vendor sends a package signature confirmation doesn't that mean "I" have to sign for it? It looks like the mailman is signing for me. I have reported this to the postoffice but they never responded.
JC
<< <i>On a slightly different note, I have prucahsed small amounts of silver from Gainsville, Straightsilver, APMEX, etc. They all say it is shipped with signature confirmation but I have never had to sign for a single package. The mailman just leaves the package in my mailbox. I called one of the vendors and they checked their records and said the mailman got my signature. When a vendor sends a package signature confirmation doesn't that mean "I" have to sign for it? It looks like the mailman is signing for me. I have reported this to the postoffice but they never responded. JC >>
Tulving sends my silver monster boxes Express Mail with no postal insurance. I believe they have a private insurance carrier that requires the quick delivery. Many vendors use private insurance rather than postal insurance.
Velocity, Not Valuation Defines A Bubble.
<< <i>I can't confirm that you can ship Registered without insurance.
Registered & Insured is much cheaper than Priority & Insured - that I can confirm. >>
The basic fee of $10.60 for registered is for items of no value such as important documents. If you were to send the abstract to/for your home across the country and it got lost, the USPS would probably consider it as having no provable value. I doubt they would pick up the tab for replacing it.
ProfHaroldHill said
<< <i>The new(er) PO Registry forms actually state: "Customer Must Declare Full Value". >>
which goes with my statement
<< <i>registered is insured by default which is why they always ask the value >>
TomB hit the nail on the head with
<< <i> If you ship Registered and ask for insurance then you may have someone at the PO who attempts to add on First Class rate insurance and this is much higher. >>
Which is what I think happened a couple years ago when I asked for Registered insured and I almost fell over when told the cost.
So I'm right by saying do not mention the word insured because they will ask you the value as part of the process and you will be insured. Say the word insured and take the chance that as TomB says someone may attempt to add on extra insurance which is much higher. When he says it's much higher that's almost an understatement; I've made that mistake once, and brother did I ever pay for that one.
The reason I brought this up was because in reading past threads it sounded like something people should be aware of. The gov wants/needs more money but I'm not willing to overpay so I can help enable them to overspend.
Velocity, Not Valuation Defines A Bubble.
<< <i>......... Can anyone confirm this? >>
Yes, ask to speak to your postmaster.
BUT, then, as now, you do have the option of declining the insurance, even with the newer forms, and even if you have entered a $25,000 value.
I very often tell the clerk that I have entered a value, but do not wish to purchase the insurance. Never had any flak doing that at 3 or 4 different postal facilities.
I feel safe doing this because the odds of ever losing a Reggie are extremely remote. Not saying it (loss) doesn't happen, but hey, people win the lotteries too.
It's all a matter of odds.
<< <i>Even with the older form, you were required to enter the value, according to the instructions on the back of the form.
BUT, then, as now, you do have the option of declining the insurance, even with the newer forms, and even if you have entered a $25,000 value.
I very often tell the clerk that I have entered a value, but do not wish to purchase the insurance. Never had any flak doing that at 3 or 4 different postal facilities.
I feel safe doing this because the odds of ever losing a Reggie are extremely remote. Not saying it (loss) doesn't happen, but hey, people win the lotteries too.
It's all a matter of odds. >>
Express mail is tracked even more precise & it only takes a max of 2 days to be delivered. Delivery will also be made on Sundays & holidays. I've never heard of anyone ever having lost an express mailed item. Insurance is probably a waste of money ( All items are automatically insured up to $100 & signature of recipient is required at time of delivery, unless you opt out of it.)
<< <i>Even with the older form, you were required to enter the value, according to the instructions on the back of the form.
BUT, then, as now, you do have the option of declining the insurance, even with the newer forms, and even if you have entered a $25,000 value.
I very often tell the clerk that I have entered a value, but do not wish to purchase the insurance. Never had any flak doing that at 3 or 4 different postal facilities.
I feel safe doing this because the odds of ever losing a Reggie are extremely remote. Not saying it (loss) doesn't happen, but hey, people win the lotteries too.
It's all a matter of odds. >>
Well you can save about $36 by declining insurance on $25K, but what is the point of doing it the way you do it? Just declare $0 value.
2.3.1 Full Value
Regardless of any insurance that may cover the article, the mailer must always declare its full value to the USPS when presenting it for registration and mailing. The mailer must tell the USPS clerk (or enter on the firm sheet if a firm mailer) the full value of mail matter presented for registration. Private insurance carried on Registered Mail does not modify the requirements for declaring the full value. The accepting USPS employee may ask the mailer to show that the full value of the matter presented is declared, and may refuse to accept the matter as Registered Mail if a satisfactory declaration of value is not provided. Only articles of no value may be mailed as Registered Mail without insurance.
The minimum cost to add Registered Mail service is $10.60. The cost increases as the declared value of the item you ship increases. If you declare value at $1 the cost increases to $11.50. If you declare value at $1000 the cost increases to $14.45.
Registered Mail is very safe and secure, and paying $10.60 or $14.45 gives you the same level of safety and security during transit. The only difference is one is insured and one is not, unless you have private insurance. Using the cheapest $10.60 rate requires you to declare no value which doesn't follow the rules above.
On the package above with a declared value entered of $25,000 you're paying the same $46.85 Registered Mail fee whether you choose to have the built in insurance or tell them you don't want it insured by checking the box to waive insurance coverage. The only way to pay $10.60 is to declare zero value.
<< <i>From the USPS Manual
Only articles of no value may be mailed as Registered Mail without insurance. >>
Well, there you go. Another of the 10,000 examples of a USPS clerk doing things against the regulations!
<< <i>From the USPS Manual
2.3.1 Full Value
Regardless of any insurance that may cover the article, the mailer must always declare its full value to the USPS when presenting it for registration and mailing. The mailer must tell the USPS clerk (or enter on the firm sheet if a firm mailer) the full value of mail matter presented for registration. Private insurance carried on Registered Mail does not modify the requirements for declaring the full value. The accepting USPS employee may ask the mailer to show that the full value of the matter presented is declared, and may refuse to accept the matter as Registered Mail if a satisfactory declaration of value is not provided. Only articles of no value may be mailed as Registered Mail without insurance.
The minimum cost to add Registered Mail service is $10.60. The cost increases as the declared value of the item you ship increases. If you declare value at $1 the cost increases to $11.50. If you declare value at $1000 the cost increases to $14.45.
Registered Mail is very safe and secure, and paying $10.60 or $14.45 gives you the same level of safety and security during transit. The only difference is one is insured and one is not, unless you have private insurance. Using the cheapest $10.60 rate requires you to declare no value which doesn't follow the rules above.
On the package above with a declared value entered of $25,000 you're paying the same $46.85 Registered Mail fee whether you choose to have the built in insurance or tell them you don't want it insured by checking the box to waive insurance coverage. The only way to pay $10.60 is to declare zero value. >>
So why would anyone declare a value of $25K pay the $46.85 and decline the coverage they just paid for? Unless the clerk dropped the $36 in charges?
I don't know technically, but I do know that in practice... the answer is no.
paramutual, I'm insured.
roadrunner
<< <i>When a vendor sends a package signature confirmation doesn't that mean "I" have to sign for it?
I don't know technically, but I do know that in practice... the answer is no. >>
True, I've had people at work sign for me. I don't think it's right, but that's the way it's done. I've never had to show my ID at home, however if I have to pick the package up in person, sometimes I have to show my ID, and sometimes I don't. I'm not sure why?
Velocity, Not Valuation Defines A Bubble.
It seems like shipping USPS should be simple and it is if mailing a letter, but I'm finding that with all the different options and clerks that appear to not understand all the options it can be frustrating or expensive, or not not done right. Shipping items of different weight, size and values increases the options. So far I've been lucky, for both incoming and outgoing nothing has been lost or damaged; the worst was a large overpayment which I mentioned earlier.
<< <i>I do believe you can get something like restricted delivery where only a specific, specified person can sign for delivery. Whether it works real world, I have no idea.
It seems like shipping USPS should be simple and it is if mailing a letter, but I'm finding that with all the different options and clerks that appear to not understand all the options it can be frustrating or expensive, or not not done right. Shipping items of different weight, size and values increases the options. So far I've been lucky, for both incoming and outgoing nothing has been lost or damaged; the worst was a large overpayment which I mentioned earlier. >>
That has been my knock on Registered. For what you pay and the advertised security, anyone on the receiving end can sign for it and the person who signs is supposed to show an ID. IMO one shouldn't have to pay extra for restricted delivery.
<< <i>That has been my knock on Registered. For what you pay and the advertised security, anyone on the receiving end can sign for it and the person who signs is supposed to show an ID. IMO one shouldn't have to pay extra for restricted delivery. >>
Anyone answering the door at the mailing address can sign for it. If picked up at the post office it has to be done by the addressee (identification required) or the addressee has to authorize another person by name on the brown attempted delivery form.
Velocity, Not Valuation Defines A Bubble.
per the post office site:
"Get maximum security for your valuable items with Registered Mail. It incorporates a system of receipts to monitor the movement of the mail from the point of acceptance to delivery. Registered Mail is insured up to $25,000 against loss or damage. You can even verify the date and time of delivery and the delivery attempts online."