Should I Insure This Shipment?

The shipper should ALWAYS insure every shipment, regardless of whether or not the Buyer is willing to pay for the shipping charges.

If an item is lost or delayed, a shipper will devote more attention to an insured package. If an item is damaged, the insured value establishes a starting settlement price with the shipping company.

The shipper should insure either at the sale price for a minimum or at the retail price for a maximum. Shipping companies only accept claims for "current value" of an item, but it helps to negotiate from a higher starting price rather than a lower one. Remember that, in the big picture, insurance is inexpensive and necessary.

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