spin4cards7 posts07-26-2018 10:25pmIf it is not considered too off topic, I have a question that may be best addressed by the retired postmaster kqvkq9 although I certainly welcome comments by anyone who cares to chime in. I have a small brick and mortar sports collectible business that I have owned and operated in the same location for 28 years. Naturally, I have insurance for my business and I pay a premium for that insurance. I must repeat, I pay for the insurance for my business. I use the USPS on a daily basis shipping mostly small, First Class packages and a few Priority Mail packages that can weigh up to 20 pounds . These type packages are very easy to package safely. The values on these packages range from $10.00 to $4,000.00. My question is this...If I pay the USPS their fee, which is based on weight and distance, to deliver a package, which is their job, why must I pay them extra to "Insure" that they do the job that I just paid them to do?! This of course holds true also for UPS, FedEx etc..
You really only need to think about it for a moment. No business would willingly accept $4000 of liability for $15.95. If you have an item of high value, you need to act accordingly. Is the auto insurance the same for a 1970 Gremlin and a Ferrari? Do they weigh the cars to set the premium? Of course not.