Re: what does "insurance" on shipping actually cover?
I sold a cast iron part from a visible gas pump recently. Although I only sent one part, the buyer received several ! Fed Ex referred me to a ton of paper work to fill out, including how I arrived at the value (I just sold it for $X), etc, etc. I returned the buyer his bid price and his shipping cost and counted it as a loss. A week later I received a check from Fed Ex for the bid price and the shipping cost. I was very pleasantly surprised.
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Bill Newland
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