shipping insurance

[Tretov]

Originally Posted by EricFG

What does "B2C" & "C2C" mean?

B2B = Business to business (generates a valid reciept)
B2C = Business to consumer (generates a valid reciept)
C2C = Consumer to consumer

[akula]

I agree with Eric and Tretov - if I was planning on getting something in the $10K+ range I would deliver it in person. I just wouldn't trust putting it into a box and mailing it.

Whenever I sell anything above $250 I require the people that buy it from me to purchase insurance (more to cover my ass), so if you're selling something just require the person to buy the insurance.

I wouldn't send anything over $1000 in USPS, at that point I'd switch to UPS or FedEx (which is what you usually get when you buy something like a several thousand $ comp). Perhaps it's my distaste for the government, but I don't have the highest opinions of USPS employees and wouldn't want to entrust something that valuable into their hands.

But anyway, the point of insurance is always to avoid negative downside risk. How bad would you feel if the item is lost? Most people, being risk averse, buy insurance in the slim chance that they suffer catastrophic loss. But realize that it is on average a losing proposition (since otherwise insurance companies go out of business) but since generally individuals are risk averse, we feel better from buying it and on the off chance we do lose the item we feel A LOT better about ourselves. Anyway, enough of my rambling.