Home  >  Community  >  The eBay Outlook  >  Padding Insurance Charges


<< previous topic post new topic post reply next topic >>
 This topic is 2 pages long: 1 new 2 new
 logansdad
 
posted on May 29, 2003 06:36:39 AM new
biskitsandgravie, if you dont like my contribution to this thread you can just hit ignore. I posted my response because I felt this subject has been discussed numerous times before. Whether people complain about handling charges, inflated postage or now inflated insurance charges it all falls under the topic of what it costs to get the item from the seller to the buyer.
If people dont like the seller's TOS and costs then dont bid. End of story.

What is more I can post my thoughts on this subject just like anyone else can. My post is just as valuable as any thread about song quotes or their favorite smiley faces.



"An Army of One"
 
 kiara
 
posted on May 29, 2003 08:50:42 AM new
I have been so busy selling that I haven't been buying very much these last few months and was unaware that some are padding the insurance charges. It's very unfair to be hit with that after the auction is over so I'm glad that it has been mentioned here.

shop4shoes LOL

What is more I can post my thoughts on this subject just like anyone else can. My post is just as valuable as any thread about song quotes or their favorite smiley faces.

logansdad, one year later and you can't get over it. Those threads taught all the codes and I even offered to help you.

edited to stay out of trouble.




[ edited by kiara on May 29, 2003 09:11 AM ]
 
 stopwhining
 
posted on May 29, 2003 09:38:25 AM new
if an item is listed at 43,it could be bidded up over 50,so insurance would not be 1.30,it would be 2.20/
the seller is willing to pad the difference if bid amount goes over 50.
GIVE THE POOR SELLER A BREAK,WE ALL WORK TOO HARD SELLING ON EBAY.
AN EXTRA 25-50 CENTS IS NOT GOING TO KILL THE BUYER.


 
 stonecold613
 
posted on May 29, 2003 11:26:31 AM new
As a business owner, when you buy a product or service, it is your legal right to resell that item for at a marked up price. If as a seller, you do not wish to mark up your items to cover operating costs, that is your option, however it is not very good business sense.
IMHO, A small reasonable markup on insurance is warranted to cover the cost of filling out the insurance forms needed to complete the shipment.

 
 stopwhining
 
posted on May 29, 2003 11:32:53 AM new
AMEN!!

 
 shop4shoes
 
posted on May 29, 2003 01:42:42 PM new
IMHO, A small reasonable markup on insurance is warranted to cover the cost of filling out the insurance forms needed to complete the shipment.

There are no insurance forms to fill out with UPS, Fedex and many other forms of shipping.

[i]if an item is listed at 43,it could be bidded up over 50,so insurance would not be 1.30,it would be 2.20/ the seller is willing to pad the difference if bid amount goes over 50. GIVE THE POOR SELLER A BREAK,WE ALL WORK TOO HARD SELLING ON EBAY.
AN EXTRA 25-50 CENTS IS NOT GOING TO KILL THE BUYER.[/i]

I am speaking of mainly fixed priced items. I am impatient and normally look for fixed priced items to buy.

The extra 25-50 cents can kill a seller if buyers don't bid.

On any given week, I spend $400+ on ebay on books. I usually pay for Priority (Like I said, I am impatient), instead of media rate. There is one seller that has many books I would like to have. I won't buy from her though. Her insurance rates are $1.50 for the first 4 books and $.25 for each book thereafter. You only find this out if you ask what the insurance charges are. She does not post it in her ads. She sells general fiction. Her books normall sell for $2-$5 each.

She has quite a few negs about insurance charges. I think she self-insures, because some of the negs mention not getting their money back for insured items. Her sell-through rate is awful.
 
 ahc3
 
posted on May 29, 2003 01:59:32 PM new
There is no extra form for items under $50 either. I just go to the clerk, say I want this insured for X amount, and they take care of everything and give me a green insurance receipt. I totally accept handling charges, and charge them myself. However, this again should be on the SHIPPING total, not extra on the insurance. I should not pay handling on shipping, and be asked to pay extra handling on insurance. That is gouging.

 
 stonecold613
 
posted on May 29, 2003 08:50:23 PM new
There are no insurance forms to fill out with UPS, Fedex and many other forms of shipping.

Wrong. If your item is insured for over $100.00, you must fill out extra items for all of those companies. Only if your item is less than $100.00 is insurance automatic.
Also at the PO for all Green slip insurance (under $50), technically you must fill in the shipped to address either prior to or during your visit at the PO or it is considered null & void as that is the PO's proof to whom the parcel was shipped. Most clerks will not tell you this or state to fill it in later, but if you get the picky ones, they will make you fill it in while they watch. So a small mark up on shipping cost is justified.

 
 ahc3
 
posted on May 29, 2003 08:55:28 PM new
"Also at the PO for all Green slip insurance (under $50), technically you must fill in the shipped to address either prior to or during your visit at the PO or it is considered null & void as that is the PO's proof to whom the parcel was shipped."

This is automated, I am looking at one today I got, and when the clerk enters in the city, state, and zip, that gets put on the form. They just enter the green slip into their machine, and everything from postage cost, insurance fee, insurance cover, their ID number, and the place it is going is printed out via a printer. The form only asks for post office, state and zip, that is all - not exact mailing address. Also, even if what you said is true (which it is not), how can they tell that this is filled in at the post office and not after?

 
 stopwhining
 
posted on May 30, 2003 05:47:20 AM new
ahc3,
what she means is that usps would like to see us bring the form filled to them.
but lately i have seen them ripping my form out and just take a blank form ,slide it under the machine and voila,out comes all the insurance data.
but i like to scribble something on the form to indicate the item insured and the last name of the person shipped to for my filing.

 
 shop4shoes
 
posted on May 31, 2003 03:20:05 PM new
Wrong. If your item is insured for over $100.00, you must fill out extra items for all of those companies. Only if your item is less than $100.00 is insurance automatic.

I am not wrong. I ship UPS for all of my websites and ocasionally FedEx.

I log into my shipping center put in the amount of insurance and I am billed for it. Most of my shipments are valued over $100.00. I have packages going out daily and unless the procedure has changed since Friday, May 30 2003, there is nothing extra to fill out for UPS or FedEx.
[ edited by shop4shoes on May 31, 2003 03:21 PM ]
 
 msincognito
 
posted on June 2, 2003 07:54:31 AM new
I can see both sides of this debate. When I'm deciding to bid, I calculate a few things: 1) The total price I'm willing to pay (top bid, shipping, handling and insurance if desired by me or required by the seller) and 2) whether or not I trust the seller.

As far as the first calculation goes, the insurance figure is just a number. So long as it's there, I'm satisfied. But as far as the second calculation goes, IF I see a seller who's obviously padding insurance and IF I see a ton of negs for unreasonableness and IF the seller seems to have a bad attitude (like the seller in shop4shoes's example, I'll skip it. There will always be another one.



 
 logansdad
 
posted on June 2, 2003 09:32:07 AM new
logansdad, one year later and you can't get over it. Those threads taught all the codes and I even offered to help you.

Kiara thanks again for your offer, but I just ignore those threads now as (in my opinion) they do not offer anything to these boards. I do not need bouncing smiley faces to get my point across. If it makes a difference to you, I also ignore the "What did you find at the garage sale this weekend" threads.

"An Army of One"
 
 kiara
 
posted on June 2, 2003 10:02:36 AM new
logansdad, I haven't seen any of those threads this year nor did I start any of them but I did learn many things from them. Some of us enjoy gaining a wide variety of knowledge.

I haven't started any of the garage sale ones either and only posted to one of them but I do enjoy them and have picked up some great information so I hope they continue.

As you can see, I don't ignore much of anything on these boards but to each their own. Peace.

 
 ahc3
 
posted on June 2, 2003 11:34:32 AM new
Hey, I actually like the garage sale threads. One of the posts gave me an idea at something to look for, and I have been pretty successful on something that I would have passed up on.

 
   This topic is 2 pages long: 1 new 2 new
<< previous topic post new topic post reply next topic >>

Jump to

All content © 1998-2024  Vendio all rights reserved. Vendio Services, Inc.™, Simply Powerful eCommerce, Smart Services for Smart Sellers, Buy Anywhere. Sell Anywhere. Start Here.™ and The Complete Auction Management Solution™ are trademarks of Vendio. Auction slogans and artwork are copyrights © of their respective owners. Vendio accepts no liability for the views or information presented here.

The Vendio free online store builder is easy to use and includes a free shopping cart to help you can get started in minutes!