Hi, I am aware of the UPS calling their insurance "declared value". Can somebody enlighten me as to what it means? Literature by UPS is very adamant that "declared value" is not insurance. Then exactly what is it? My expectation is that if the package is damaged or lost I will receive fair compensation up to the "declared value".
On the topic of Elecraft's new insurance charges, I have been told by somebody at Elecraft in the past that they are "self insured". I take that to mean that they will take their chances and absorb the loss if a package is damaged or lost. It may very well make economic sense for large shipping volumes in the long run. BTW I have *never* have anything shipped to or from me damaged or lost. Not even a scratch to the shipping carton. So the notion of UPS strongmen tossing packages around must be a myth. The same thing goes for the post office. It has become a very competitive parcel service in recent years. AB2TC Grant Youngman-2 wrote > The only “oracle" required is, for example, the UPS website (or whatever > shipper you choose) — > https://www.ups.com/media/en/value-added_pricing_daily.pdf > <https://www.ups.com/media/en/value-added_pricing_daily.pdf>. > > 90 cents per $100 in excess of the initial $100 is the standard rate for > “declared value” on UPS. YMMV. > <snip> -- View this message in context: http://elecraft.365791.n2.nabble.com/Elecraft-insurance-rate-tp7629676p7629726.html Sent from the Elecraft mailing list archive at Nabble.com. ______________________________________________________________ Elecraft mailing list Home: http://mailman.qth.net/mailman/listinfo/elecraft Help: http://mailman.qth.net/mmfaq.htm Post: mailto:[email protected] This list hosted by: http://www.qsl.net Please help support this email list: http://www.qsl.net/donate.html Message delivered to [email protected]
