I agree that self insurance makes the most sense. I have evaluated the issue annually over two decades of online selling and the arithmetic does not lie. Not a single year of that time period resulted in purchasing insurance being a financial plus.
U-Pic is your best third party insurance option. Claims are handled reasonably quickly and the claims process is pretty simple. My experience with the staff at U-Pic has been consistently outstanding. Contrast that with your interactions with Amazon seller support.
I know you stated that you do not utilize the Amazon shipping service. The U-Pic insurance offered through that platform is a fraction of the very reasonable rate I pay for U-Pic insurance for shipping labels generated with Endicia. The Amazon rates are .30 for $50 or .40 per $100.
I repeat that even with those low rates self insurance is the way to go.
Edited by: alovesupreme on Sep 8, 2017 7:12 PM
Edited by: alovesupreme on Sep 8, 2017 7:13 PM