My understanding with Fedex is that even if you buy insurance for the replacement amount. If lost, they'll only pay up to their limit which apparently is $100. In other words, if you're shipping an M7 back to NJ for service and purchase insurance for $2000; if the shipment is lost, all you'll get from Fedex is $100. This is all anecdotal as I've not personally experienced this nor do I know anyone personally that experienced such a loss from Fedex. I got this info from Bill Maxwell who I was sending my Rolleiflex to for service. He advised me to not use Fedex or UPS but to use USPS and purchase adequate insurance. He explained that he had a customer that experienced just such a loss despite purchasing enough insurance to cover the value of the camera. At first I found this difficult to believe but upon further research on web I found the link below who seems to confirm what Bill said. http://consumeraffairs.com/delivery/fedex_ground_insurance.html --- Jeffery Smith <jls@xxxxxxxxxx> wrote: > They will only pay the *shipper* the insurance money (and he already has my > money from the sale). Now he will have $3200 for that Leica M6. UPS said > "the store will probably just send you a new one". I told them it wasn't a > store, but an ebay purchase. They said " oh ". > > I am trusting that the man who sold me the camera will pay me the insurance > money. Of course, UPS will want to wait a looooong time just to make sure > it doesn't show up somewhere. So, do I buy another one, hoping that it > doesn't show up? Or am I just out $1600 for a few months until they are > sure it won't show up? My take on it is that UPS will pay me $100 for my > inconvenience, but pay the $1600 to the seller. Now, that's inconvenient. > > At 04:55 PM 3/31/2004, you wrote: > >I don't understand this. When shipping packages do you not declare a > >value and pay extra for insurance? The usual insurance is $ 100 but one > >can buy extra insurance. > > > >What am I missing? > > > >Regards, > >Akhil > > > > > >On Wed, 31 Mar 2004, Jimmy Wong wrote: > > > > > Do --NOT-- use Fedex to ship used cameras valued over $100. > > > > > > This was pointed out to me by Bill Maxwell, the Rollei screen and > > repair guy. > > > He learned of this when one of his customers lost a Rolleifex valued at > > over > > > $1000, only to be reimbursed for $100. He also states the UPS has > similar > > > limitations. He says the ONLY shipper that will pay full amount of > > insurance > > > is USPS. > > > > > > > > > http://consumeraffairs.com/delivery/fedex_ground_insurance.html > > > > > > > > > > > > __________________________________ Do you Yahoo!? Yahoo! Finance Tax Center - File online. File on time. http://taxes.yahoo.com/filing.html To Unsubscribe: send email to leica-request@xxxxxxxxxxxxx with 'unsubscribe' in the Subject field OR by logging in to the Web interface.