Storage Auctions
The Storage Locker => General Storage Auction Talk => Topic started by: Travis on February 15, 2014, 09:58:54 PM
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Does anyone know if USPS has a limit on their insurance and does it cover things like precious metals?
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Yes they do, but the limit depends on which service you use.
https://www.usps.com/ship/insurance-and-extra-services.htm
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If you want it insured use a private carrier. Even if they should cover it, you'll be fighting with USPS for months before they do anything about it.
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There are a surprisingly lot of items USPS, Fedex, and UPS will not insure. Look for a third party insurance company. I have a third party company who insures all my packages, the company I use also setup a sub Fedex account for me so I'm under their accoutn and get all their volume discounts which is a pretty big value considering theya re a shipping company and send a lot of stuff. look for companies who insure high end jewelry they tend to insure silver, precious metals and things often not insured by carriers. plus its easier to get a payout than dealing with uSps which is a pain.