So, you're saying Postal Insurance should be a means to make a profit off of loss or damage????
I deal with that issue a lot, and to me, it's common sense. . . you're insuring an item, not gambling. . . Postal insurance is to provide a replacement or repair of the item you're shipping. . . it's not a means to make money. . . if you mail a 50 dollar item, and it's damaged, why would you insure it for more than 50 dollars???? Why would any insurance company pay more than the item is worth? I got rear ended once, and State Farm required me to get an estimate from a body shop for a replacement bumper. . . . and then they paid that much, not twice what it's worth. . . I just don't understand the concept of earning money through insurance. . . . . I mean, if it cost you 50 bucks, why in the world would you pay to insure it for 100 or 200 in the first place?? The only people who argue that are the ones who want to rip off the post office. . .
. . . yes, they do need proof of value, and for some people that's a pain. . . but it's not impossible. . . the Postal Service will accept advertisements, catalogues, ebay invoices, and even statements from dealers (this is good with antiques- I will take a letter from an antique dealer as proof of value). . . Some items, with sentimental value, are difficult to prove, so show them similar items. . . . . .
Believe me, if people could profit from postal insurance, the USPS wouldn't even exist today. . . think about it - you buy a 25 cent toy, break it, mail it to your buddy, purchase $5,000 worth of insurance, and . . . . voila. . . . you're $4999.75 in the black. . . don't you think just about every Tom, ****** & Harry would be doing that right now? How long could a company last paying out 2, 3, 4 or 5 times an items value in insurance? Not very long. . .
. . . . We still get rip off artists though. . . I have a customer who ordered a used car computer from a junkyard. . . . it arrived with no damage to the box, packaging or the item itself. . . . . he brought it back for a claim, because it didn't work, and he blamed us. . . I asked what kind of damage did we do to it. . . . he said, "the junkyard says it works, and it doesn't. . . therefore it's your fault". . . . I take the item, and tell him my decision will take a day or two. . . . .I took it apart, and the wiring inside was melted!! I called and explained it to him, that the junkyard sold him damaged merchandise (always a possibility with used car parts) . . . . he came in, apologized, took the stuff and left. . . .
. . . two hours later, I get a phone call from a neighboring office where he took it to file the same claim over again. . . . .