Insurance On Packages. Why?

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Time to take a break from my normal type of blog posts. I went to the post office to mail a package today, and like normal I didn't buy any insurance on it. As I was walking out to my truck, I thought about insurance on packages. Why do you have to pay more for it?

You are paying them for their service of getting your package from point A to point B. I shouldn't have to pay more for it. If you take a kid to the babysitter they don't make you pay more for insurance just in case they drop the baby. If they drop it and it is injured, they pay. Shouldn't it be the same for packages and other mail? It seems like companies these days aren't really concerned about the consumer and just want to make a quick buck. O wait, its always been that way.

 

fallon's picture
Managing Director of Progressive U

I've never understood the insurance for packages costing more concept either. If I bring you my package to ship, I'm bringing it to you with the expectation that you will get it there (in the condition in which I delivered it to you) or you will take responsibility for failing to do so. But... why should a company do that when they can milk a few more dollars out of the consumer?

"We don't receive wisdom; we must discover it for ourselves after a journey that no one can take for us or spare us." -Marcel Proust

shaunk's picture

I'm think that UPS and Fedex are automatically insure up to $100, but I'm not sure about USPS.

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