Collectibles Insurance11969
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 I'd like to say I still turned out alright, but that would be a lie.
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flanders private msg quote post Address this user | |
| I'm interested in purchasing a policy through collectinsure.com and was wondering if when shipping an item I sell do I still have to purchase additional insurance through USPS, Fedex, etc. or is it unnecessary if I have collectibles insurance? Thanks! | ||
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 Collector
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andy49 private msg quote post Address this user | |
| my $25,000 policy reads: $25,000 Class 1 – Signature Required Shipment Sublimit (Registered Mail, Express Mail, FedEx and other carriers except UPS) $2,500 Class 2 – Signature Required Shipment Sublimit (USPS Insured, Certified and Signature Confirmation Mail and UPS) $200 Class 3 – No signature Required Shipment Sublimit (USPS First Class, Priority Mail, Air Mail, Global Priority, Parcel Post, Bound Printed Matter, Media Mail (Book Rate)) |
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 I showed my wife and she was so happy for me she started to cry.
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Batman66 private msg quote post Address this user | |
| Just checking into insurance. I asked the broker about that, he told me as long as the book is shipped with signature upon delivery they would cover it. I checked into insurance for 200,000 and it was 805 a year. It seems like a good deal, especially being able to cover shipping books to Cbcs, Cgc and even eBay and to private parties. | ||
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 It's like the Roach Motel for comic collectors.
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chester15 private msg quote post Address this user | |
| I have a more conservative shipping coverage on mine, 10% of my total contents coverage of $30,000, so only $3,000. But that works well for my needs. I also have a $200 deductible to be aware of, so that part I insure with general postal coverage. When I ship by USPS, there is $100 provided with Priority Mail. I use Pirate Ship as my commercial postage provider, and insurance through them is only 80 cents per $100. To keep things simple, I just pay the $1.60 to get $200 coverage, so I am covered for the entire value by the combination of Pirate Ship and C.I.S. My policy makes no distinction as to what shipping carrier - USPS, FedEx, UPS, etc. It just says, "while being mailed or shipped to or by you". The shipment has to have Signature Confirmation to be covered for the $3,000 limit. Otherwise, covered for $400 only (with a $200 deductible = $200). Deductible: $200 Any One Occurrence Policy Limit of Insurance: $30,000 Away From Premises And Personally Unaccompanied Travel Sublimit $0 Any One Occurrence Shipping Sublimit – Signature Required $3,000 Any One Occurrence Shipping Sublimit – No Signature $400 Any One Occurrence Earthquake Sublimit $30,000 Any One Occurrence |
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