Quote:
Originally Posted by 22hipower
.... As to compensation, isn't the max whatever amount for which you had it insured? You can demand whatever you want but I would think the insurance payment would be limited to whatever level of insurance had been purchased.
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Yes, but he still needs to document actual value.
You probably know this, but I’ve encountered folks who think that if they insure a gun or something else for $500, they’ll get $500 if it is lost. That’s not how it works. You still have to show that the item is worth anything to get something. The $500 they bought is just an upper limit.
And I’m afraid he might need something more solid than opinions from a forum to support a claim.
PS: Here are the details directly from the USPS FAQ website:
Another thing to consider is that the OP is not really legally involved in any claim; the two FFL’s are the injured parties. The shipping FFL should have insured the gun with the USPS, but his business insurance might also come into play.