Buying Insurance Via Ebay Shipping - Coin Community Forum

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Author	Replies: 5 / Views: 2,007
Zurie Pillar of the Community United States 5683 Posts	Posted 10/03/2017 4:01 pm I rarely buy insurance when I ship something that I sell on ebay, but I recently considered getting insurance for a higher value item. It looks like the default insurance on the ebay site is their ShipCover parcel insurance, which will cover up to $1000. I almost added the insurance, but when I checked the coverage exclusions, it says: "THE INSURANCE DOES NOT INSURE: Coins, bullion, loose diamonds or stones, stocks, bonds, currency, deeds, evidences of debt, travelers checks, money orders, gift certificates, calling cards, lottery tickets, admission tickets, or any other negotiable documents." So it looks like buying shipping insurance on the ebay site affords no protection for a shipment of coins. I assume claims are rare since USPS is pretty reliable, but does anyone have any experience with this? I suppose I could go to the post office and buy insurance directly from USPS. Report this Post to the Staff

BigSilver Pillar of the Community United States 2843 Posts	Posted 10/03/2017 4:14 pm You do not need to go to the post office to get USPS coverage. You can do that from ebay, by switching the insurer in the drop down. also not limited to $1000 like Shipcover is... Report this Post to the Staff
Mister Kairu Pillar of the Community United States 1911 Posts	Posted 10/03/2017 4:34 pm Yeah if I did have insurance, I just made sure it wasn't that first one that defaults to. Report this Post to the Staff
Zurie Pillar of the Community United States 5683 Posts	Posted 10/03/2017 4:59 pm I'll have to check that the next time I ship something. I couldn't find an option to choose USPS as the insurance carrier. Report this Post to the Staff
basebal21 Bedrock of the Community 13014 Posts	Posted 10/04/2017 7:25 pm Quote: I couldn't find an option to choose USPS as the insurance carrier. On the page where you are finalizing the label it's a drop down box that says shipcover. Click that and it gives you the option to change it to USPS Report this Post to the Staff
edweather Pillar of the Community United States 7375 Posts	Posted 10/04/2017 10:18 pm Imo, insurance on shipping coins is a scam/joke, but that being said, if you buy it through ebay, then the $ won't show up on the printed postage, and only you will know what the value is, and won't tempt the postal employees. If you want make sure it gets there, then just go Registered. Overnight express is good too. Report this Post to the Staff
	Replies: 5 / Views: 2,007

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