It's always been my understanding that insurance was only to cover the sellers losses. The buyers only responsibility is to pay for the product, not insure against its damage or loss.
I bought a case from a vendor. UPS lost the case in transit. "I" didn't have to eat the loss, the vendor did. He filed a claim for the loss and promptly sent me another case. Him being "made whole" is between him and UPS... not me.
I see the same standard for individual transactions.
Many a comment in the For Sale/Trade forum echos this thought.
ai42 - "BTW it is the seller's responsibility to get the promised item to you and if it is a postal mistake then the seller must claim their insurance for the item."
Oakenfold - "IMO it's the sellers obligation to get your purchase to you in good working order, none of this paying for insurance or paying extra for DC junk."
Log1c - "bump b/c insurance+deliv. confirmation is a SELLER'S bestfriend, not a buyer's."
ripthesystem - "It seems to be the common consensus that it is the Sellers responsibility to make sure the buyer gets what he/she paid for.. I've always considered this to be the case when I've been the one selling"
virtuamike - "It's his responsibility to make sure the speakers get to you. You paid for them."
ZZZZZZ - "The seller the one who could claim the insurance."
Tates - "No insurance = self insured." "Unless you can prove otherwise, the benefit of the doubt goes to the buyer. Refund is in order."
FoBoT - "i usually don't insure/use tracking for stuff under ~$20 to $35" "i just sent a CPU WITH insurance, that i sold for only $25 because it is a unique item, if i had to replace it, it would probably cost a lot more , so i insured it for $50"
Oakenfold - "I insure most everything I ship, the only reason I don't is if for some reason i forget to insure it(doh)."
DaiShan - "I normally insure for the approximate value that it would take to replace the item if the buyer wanted me too"
hollowman - "Seller should get the item to buyer no matter what. Yes, sometimes package can be lost during shipping. but that's what insurance is for!! i realize many many members here do not have insurance on their package. insurance is for seller's benefit"
And finally...
Rainguy - "If you sell here at AT with a shipped price and do not include insurance in that shipped price, you will be 100% responsible for reimbursing the buyer if the item is lost or damaged."
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