Re: posting insurance -- how does it work ?



"carrera d'olbani" <dolbani@xxxxxxxxx> wrote in message
news:1178154554.635449.17200@xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
Hi there,

For example, I bought a camera. The postage is $10, and the seller
compulsorily charges $20 for the "insurance". Some sellers offer an
insurance option but do not make it compulsory. The question is: what
does the insurance do and for whom the insurance ? Do I need it ?


According to Ebay:

"Insurance: Sellers offering insurance may only charge the actual fee for
insurance. No additional amount may be added, such as "self-insurance".
Sellers who do not use a licensed 3rd party insurance company may not
require buyers to purchase insurance. This is a violation of state law."

Based on this, I would think you have the right to ask who the 3rd party
insurer is, so you can verify the amount quoted is the actual fee. If it
isn't, or there is no 3rd party insurer, report the seller to Ebay for
violating Ebay policy.

Anny


.



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