Deleted
Posts โข 0
Likes โข
January 1970
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FS: Classic Invader, Faile, Bezt, Whatson, Banksy figure, by Deleted on May 31, 2015 23:14:29 GMT 1, I have one small question about insurance, as I've never in my life sold a piece: how much does it come down to, % wise on the value of the item? I'm wondering is it's really worth paying a premium for insurance, if it outweighs the risk of having a piece damaged in transit 1 in xxx times.
I have one small question about insurance, as I've never in my life sold a piece: how much does it come down to, % wise on the value of the item? I'm wondering is it's really worth paying a premium for insurance, if it outweighs the risk of having a piece damaged in transit 1 in xxx times.
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sparky999
New Member
Posts โข 714
Likes โข 535
October 2013
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FS: Classic Invader, Faile, Bezt, Whatson, Banksy figure, by sparky999 on Jun 1, 2015 0:27:01 GMT 1, I have one small question about insurance, as I've never in my life sold a piece: how much does it come down to, % wise on the value of the item? I'm wondering is it's really worth paying a premium for insurance, if it outweighs the risk of having a piece damaged in transit 1 in xxx times.
The insurance company calculate the risk in $$$ terms and then add a % premium to cover their admin costs and provide a profit.
I have one small question about insurance, as I've never in my life sold a piece: how much does it come down to, % wise on the value of the item? I'm wondering is it's really worth paying a premium for insurance, if it outweighs the risk of having a piece damaged in transit 1 in xxx times. By definition insurance is a negative sum game for the consumer. Your paying for a reduction in variance essentially. The insurance company calculate the risk in $$$ terms and then add a % premium to cover their admin costs and provide a profit. |
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andyroo0312
Junior Member
Posts โข 2,174
Likes โข 1,675
July 2011
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FS: Classic Invader, Faile, Bezt, Whatson, Banksy figure, by andyroo0312 on Jun 1, 2015 9:58:49 GMT 1, If you pack a print properly use 4" or 5" pvc tube and send it EMS you don't need to bother with insurance.
If you pack a print properly use 4" or 5" pvc tube and send it EMS you don't need to bother with insurance.
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