FedEx fails to deliver $20k package of gold and silver
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Most insurance is. Probably take a big fight to get that to payout. Including a lawyer to sue or threaten thereof.
hernancortes
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I was told by a coin dealer who's been shipping and receiving dozens of packages a day for decades that for FedEx or UPS, shipping overnight has the best track record for safe delivery. Another tip he gave was to send your items in the biggest box that is practical. For dealers who provide shipping labels and carry private insurance, they always come with very specific instructions on how to tape and pack your package and if they're not followed the claim will be denied.
Wasn't always that way, though. Once upon a time, we were a moral people in a government of laws. We shared an understanding of right and wrong, and the laws reflected that, and generally were applied evenly. There were exceptions, of course; but the general intent was equality before the law.
Then, we stripped any religious structure out of public, and in many cases, family, life. Why is that important? No matter your belief, the Judeo-Christian norms that elevated Europe and the West, post-Rome, teaches individuals that no matter how much higher you are than your fellows, all are equal before the Divine.
That is an important lesson, as we're seeing. The era of Secular-Humanism and Situational Ethics, are bringing us such lovely humanitarians as Anthony Fauci, Victoria Nuland, Hillary Rodham, and Yuval Harari. You will own nothing - and like it. WE will hack YOUR genome, and Transhumanize you.
Because we can and you cannot stop us.
To the insurance situation, we're seeing the sudden evacuation of all moral scruples in the last five years or so. Homeowners' insurance policies, suddenly have found it's cheaper to bribe state regulators than to pay out. Reports are, out of Florida, close to half of all claims are not paid in full according to policy.
Auto insurance rates have doubled. Yes, there's a sudden explosion of Driving While Brain-Fogged, and Keystone-Kops accidents are off the scale. But payment has suddenly been slowed down. My own claim, as the innocent party, two years ago...took three months to pay out on the physical property claim, nine months to pay the deductible, recovered from the other party's insurance...and I had tort lawyers refuse to take my case because the other party's insurance was paid close to policy limits.
The last time I took a mail shipment of rounds, was about 2008, and had no issues. But nobody seemed to be having problems with insured mail, back then, either.
It's good to post this, that others may learn. In this wild world, it might be better to take a long drive, if you live out in the hinterland, than to rely on insured shipments by New Age shippers like FuddHexx.
Because the insurance probably doesn't cover cash or cash equivalents being shipped, would be my guess.
That's how USPS insurance works too. They'll sell you insurance on your pkg, but it won't cover PM's. Stuff like that is only insurable if shipped registered. Sure, it can be gotten away with and it'll save a few dollars on shipping, but at what cost if/when something goes wrong? The shipper in this case will likely eat it, if they are the ones who decided to ship it that way. If the buyer told them too, it'd be on him. (I hadn't watched the vid yet)