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USPS Registered mail lost need help with some values
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<p>[QUOTE="Conder101, post: 1188521, member: 66"]No it isn't. You have to declare a value for the package and you pay the Registered mail fee and insurance up to the value you declared. As blu62vette said these insurance rates are MUCH lower than the rates for regular insured mail. The $25K figure is the MAXIMUM you can insure it for, but you can declare values higher than that amount. If you declare over the $25K figure you will pay an addition dollar per $1K of value or any portion thereof. For example If you declare $35K you would pay the fee for $25K plus $10. If it gets lost though they will NOT pay more than $25K even though you declared the higher amount and paid the fee. (They have similar rules for regular insured, but there the MAXIMUM amout you can insure or get paid for is $5K.)</p><p><br /></p><p>Darrowcrowe, what did you pay for the insurance? Priority insured for $4K would have been about $48.85 Express mail insured for $4K would have been about $71.25 Registered for $4K would have been about $23.85 The amount you paid would tell us how it was shipped.</p><p><br /></p><p>I assumed a small flat priority box, and a flat rate express mail envelope.[/QUOTE]</p><p><br /></p>
[QUOTE="Conder101, post: 1188521, member: 66"]No it isn't. You have to declare a value for the package and you pay the Registered mail fee and insurance up to the value you declared. As blu62vette said these insurance rates are MUCH lower than the rates for regular insured mail. The $25K figure is the MAXIMUM you can insure it for, but you can declare values higher than that amount. If you declare over the $25K figure you will pay an addition dollar per $1K of value or any portion thereof. For example If you declare $35K you would pay the fee for $25K plus $10. If it gets lost though they will NOT pay more than $25K even though you declared the higher amount and paid the fee. (They have similar rules for regular insured, but there the MAXIMUM amout you can insure or get paid for is $5K.) Darrowcrowe, what did you pay for the insurance? Priority insured for $4K would have been about $48.85 Express mail insured for $4K would have been about $71.25 Registered for $4K would have been about $23.85 The amount you paid would tell us how it was shipped. I assumed a small flat priority box, and a flat rate express mail envelope.[/QUOTE]
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USPS Registered mail lost need help with some values
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