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Subject: 
Re: "Self Insurance" on packages
Newsgroups: 
lugnet.market.theory, lugnet.market.shipping
Date: 
Tue, 24 Oct 2000 07:55:24 GMT
Viewed: 
20 times
  
I noticed on anotehr seller's eBay auctions that they charge a 50c "Self
insurance" fee on each package, and promise to refund up to $50 if the
package is lost.

The possible risk is that the evil buyer receives the parcel but pretends
they don't. They end up with the set and the $50. I would expect that your
postal "losses" would increase if you offered self-insurance.

If the Post Office insures the parcel, then they can impose mechanisms to
confirm delivery. You can't.

Kerry



Message has 2 Replies:
  Re: "Self Insurance" on packages
 
(...) Actually, the mechanism to insure the parcel and the mechanism to confirm delivery are different. The USPS even charges seperate fees for each. Its entirely possible to track (Delivery Confirmation) a package without insuring it. <soapbox> (...) (24 years ago, 24-Oct-00, to lugnet.market.theory, lugnet.market.shipping)
  Re: "Self Insurance" on packages
 
(...) Yes, that thought had occurred to me too. Ray suggested using DC but my situation is that I'm in Canada and sending Small Packet packages to the US and overseas: I *cannot* buy insurance (or, to my knowlege, DC) on a Small Packet. Of course, I (...) (24 years ago, 24-Oct-00, to lugnet.market.theory, lugnet.market.shipping)

Message is in Reply To:
  "Self Insurance" on packages
 
I noticed on anotehr seller's eBay auctions that they charge a 50c "Self insurance" fee on each package, and promise to refund up to $50 if the package is lost. This seems like an interesting idea since most of my packages go out at the "Small (...) (24 years ago, 23-Oct-00, to lugnet.market.theory, lugnet.market.shipping)

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