Thor wrote in Big Purchases on Ebay and Insurance:I am curious to get thoughts from those of you that have purchased high bid items on Ebay (5K+ dollar value) items or even in the cases some of these 10K wood grain/brown box's are going for.
1. Do you typically ask the seller to add insurance for the bid amount?
2. If you have taken additional insurance, has anyone ever had something not show up, or damaged badly that you had to force a claim against that insurance? Do they just pay up the amount you insured for? Seems like a collectible item may be more difficult to get the insurance company to pay the full amount if you had to make a claim.
Anyone had experience or thoughts on this when dealing with high dollar item purchases over ebay and insurance?
--Thor
If it's very expensive, I would make arrangements with the seller to have the items shipped
UPS or
Fedex. I think what Skull said is right that
USPS doesn't have as high insurance on items as would the other companies.
I have had a couple things come in damaged in the past. off the top of my head, one was a piece of art (from the original artist ... which was bewildering) who did an absolutely terrible job of "packing", if you could call it that. The price went low, so I didn't bother with any insurance. The other damaged packages I went through Paypal or Ebay and just mailed the items back when directed to.
If something's that badly damaged, I would consider just getting your money back from Paypal, etc.
edit: I think the seller might be obligated to get insurance for the final bid amount though (???) or it would behoove the seller to do that since, if something happens during transit the seller would want to have the ability to get his money back.
