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<p>[QUOTE=&quot;brassnautilus, post: 2351740, member: 74300&quot;]this is why it&#039;s driven by greed:</p><p><br /></p><p>They spend 5 bucks sending the packages, which they charged $35 or w/e amount. It has a very low rate of actual loss, 1% if that, so 99% of their packages will get to customers, just slowly. </p><p>Now on the 1% that do get loss, they will lose money and they could only claim whatever the base insurance covers, $250 or w/e. </p><p>This $250 is sometimes less, and some times more than actual value of the content. It doesn&#039;t matter to them, the amount they &quot;saved&quot; from charging us insurance more than covered that loss. </p><p><br /></p><p>Do the math, you&#039;ll see it&#039;s actually quite a bit of money can be made this way. In fact a lot of online sellers make majority of their money from overcharging shipping, for their margin on the goods are so low.</p><p><br /></p><p>Exceptions are the more expansive packages. If you buy from lanz and other auction companies on Ebay frequent, you&#039;d notice the more expansive items were shipped expedited. Your normal (like up to $1000 worth, each company draws the line differently) purchases on other hand are sent priority mail with no additional insurance. </p><p><br /></p><p>Roma is an extreme case, because they didn&#039;t even send medium level mail, like equivalent of priority international. They sent registered mail...[/QUOTE]</p><p><br /></p>

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