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<p>[QUOTE="afantiques, post: 2066742, member: 71234"]Numismatic material is the key. Coins in the context means cash money from your pocket worth face value.</p><p><br /></p><p>Do check out the T&C of Shipsurance.com and U-Pic.com. Ebay might like you to think so but their way is not the only way, and rarely the best way.</p><p><br /></p><p>The best policy is self insurance. You just keep the money you'd have paid for insurance in a jar, and pay any losses out of that. Your maximum risk exposure is the average value of your sold items, there is no risk of catastrophic loss as there is with house or car insurance, so underwriting the cover yourself is a reasonable idea, and the cost can be spread over all your customers with 1% of your average item value included in the shipping and handling charge. </p><p><br /></p><p>Of course, the money that would have provided the insurers with a profit and covered their costs remains in your pocket, and there is no wrangling over claims.[/QUOTE]</p><p><br /></p>
[QUOTE="afantiques, post: 2066742, member: 71234"]Numismatic material is the key. Coins in the context means cash money from your pocket worth face value. Do check out the T&C of Shipsurance.com and U-Pic.com. Ebay might like you to think so but their way is not the only way, and rarely the best way. The best policy is self insurance. You just keep the money you'd have paid for insurance in a jar, and pay any losses out of that. Your maximum risk exposure is the average value of your sold items, there is no risk of catastrophic loss as there is with house or car insurance, so underwriting the cover yourself is a reasonable idea, and the cost can be spread over all your customers with 1% of your average item value included in the shipping and handling charge. Of course, the money that would have provided the insurers with a profit and covered their costs remains in your pocket, and there is no wrangling over claims.[/QUOTE]
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