USPS Registered Mail Insurance Cheaper!

[Daytona88]

I was surprised how much cheaper it was recently when I sent Registered Mail insured the other day. Here were my last 2 mailings:

Priority Mail, FL to NY, Insured for $3200. Insurance portion = $41.55.

Registered Mail, FL to CA, Insured for $7800. Insurance portion = $26.95.

Did not realize that the rate for insurance coverage would be so much less via Registered Mail (about 1/4 of the %). Maybe the rates are lower because the protocol is so much stricter?

[GB-man]

Originally Posted by Daytona88

I was surprised how much cheaper it was recently when I sent Registered Mail insured the other day. Here were my last 2 mailings:

Priority Mail, FL to NY, Insured for $3200. Insurance portion = $41.55.

Registered Mail, FL to CA, Insured for $7800. Insurance portion = $26.95.

Did not realize that the rate for insurance coverage would be so much less via Registered Mail (about 1/4 of the %). Maybe the rates are lower because the protocol is so much stricter?

Makes sense to me given the lower risk of loss.

What's the total cost like compared to say fedex with parcel pro? I can't imagine ever wanting to do a deal with registered mail given the waiting period.

For reference sending a watch across the continental US priority overnight insured for like 10k would be 75-100 give or take.

[Kevin of Larchmont]

What I've been told at the post office is that you have to PROVE the value of whatever has been lost when you make a claim. The mere purchase of insurance is no guarantee they'll pay the claim.

[77T]

Originally Posted by Kevin of Larchmont

What I've been told at the post office is that you have to PROVE the value of whatever has been lost when you make a claim. The mere purchase of insurance is no guarantee they'll pay the claim.

That's true for any shipping insurance claim. The fine print will explain it is not "stated value".

[Abdullah71601]

Doesn't registered mail come with $25K insurance against loss? That's what the post office told me.

[MonBK]

Originally Posted by Abdullah71601

Doesn't registered mail come with $25K insurance against loss? That's what the post office told me.

Yes it does.

[stockae92]

How I do I proof there is a $10k watch inside the box?

[Sublover2166]

Originally Posted by MonBK

Yes it does.

Up to 25K in insurance. But you pay for the amount of insurance you want.

[Daytona88]

Originally Posted by GB-man

Makes sense to me given the lower risk of loss.

What's the total cost like compared to say fedex with parcel pro? I can't imagine ever wanting to do a deal with registered mail given the waiting period.

For reference sending a watch across the continental US priority overnight insured for like 10k would be 75-100 give or take.

The maximum insurable amount with Priority Mail is only $5000. Registered Mail now offers insurance up to $50,000. The wait is longer but it remains under lock and key the entire way. I understand that RSC will only accept and send through Registered Mail.