Canada Post no longer issuing insurance on Trading Cards????

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2fnlo

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today I went to mail out an Ebay item and I was told that I could not add insurance to my package since the contents was a trading card. I was told Canada Post has put out a new policy stating you cannot get insurance on trading cards anymore since the items cannot be replaced in some cases.

Has anyone else had this problem? Seems pretty bogus, who cares if they cannot be replaced? Just pay out the insurance money.

This pees me off since I currently have a card I shipped out (I have tracking and insurance) that Canada Post lost. They have opened an investigation, and they are to get back to me. Sounds like I am screwed out of the $100 I sold the card for as likely I will have to pay that back.
 
I mailed a few out yesterday with insurance with no problems at all...

would be easy to lie and just say its a collectors coin or something like that, as theyre obviously not allowed to open your package to verify the contents

Dave
 
Hi

Dave, one thing I do know is that you can not insure money (coins or paper). Most dealers who ship coins usualy state contents as trading cards.

I have not heard of this new rule through Canada Post. I am a Venture 1 member and I always get an up date on changes like that well in advance, and I have not received one.

Don
 
Sounds like someone's lazy, doesn't want to be at work that day and sold you some BS or the insurance division of CP just being stubborn and not wanting to pay you. If you state the content and buy insurance there should be no reason why they don't cover it.

I've actually had really good experience with Canada post with regards to insurance. One time I received a package of CDs which came to me all messed up, cases broken, covers torn. I called them up and they sent me $40 without question and I didn't even hvae insurance!
 
I should clarify that is was a Package from Canada to USA. She never said much about Canada to Canada.

I guess I will try it again next time and see if they say anything.

PS I am also a Venture 1 member.
 
hey i had a similar problem to your's, the only difference was i sent a (06-07 lemieux spgu auto legend fabrick) back to the ud company because it was damaged. first i called them and they told me that they had the card in stock and they would replace it, so i sent it express post, when i checked m,y tracking # it said item had left canada the next time i checked it stated the item was delivered to it's location, so a couple weeks later i call them and they tell me that they had nothing (no card belonging to me) I still have no replacement card and canada post is doing nothing for me, all i got back was the cost of sending it there 17 dollars. if you ask me i think someone at the ud company got the card and kept it for themselfs.
 
I should also clarify that I am talking about 2 separate instances:

1) Today I mailed a card and was denied insurance.

2) A few weeks ago I sent a card that went missing and CP is investigating. It doesn't help to the buyer English is a second language, and I am having a tough time trying to hash it out with them.
 
Any lie on an insurance application will vitiate the coverage in the event of loss.
Best bet is to clarify the policy with someone at CP who does have a definite answer.
 
kovyheater said:
Someone please tell me of an instance where Postal Insurance has ever been worth the price.
Click to expand...

You make it seem like insurance is very pricey... its less than $1 for every $100 of insurance you get i do believe, PERSONALLY i think that is well worth the price...


And Don in regards to the coins, it was just the first thing that popped into my head, haha but basically any object relatively the same size would do


Dave
 
When you mail something just state that it is printed material and give the value.... I was told by my local post office that would be good enough as a description.
 
Canada post has always(at least for a long time) had a rule about insuring trading cards.They were always considered collectibles and not insurable.Many post offices allowed people to send them with insurance and some post office had even paid claims.But if they had read the regulation they would have known that they should not have paid any claims.My post office has not allowed me to insure cards for over 5 years now.So for me the only soulution was to send express post with tracking.I use to send express post to the US but since you cannot get a signature on express post sent anywhere other than Canada I have gone to registered mail.You can get a signature that way by asking for an AR card which gets sent back to you as proof of delivery.

All this is only going to drive up the cost of doing online selling.In some ways I hope that it does enought to the hobby that people will start going back to support their local shops and local shows.Maybe sellers will not have to listen to everyone saying I can buy it on the bay for half that.Well that may be true.Just that they forgot to tell you that had to pay $15.00 for postage.And really no garantee that they will ever get the card.
I have always felt that there is some to be said about holding the card in your hand before you lay down those hard earned dollars.
 
you know when dealing with any government run organization your gonna get lazy,complacent workers who dont care/dont wanna do the right thing

my mail person couldnt deliver my package to my house and instead gave it to my neighbour,i guess reading english isnt a job skill when it comes to canada post
 
winniescards said:
Canada post has always(at least for a long time) had a rule about insuring trading cards.They were always considered collectibles and not insurable.Many post offices allowed people to send them with insurance and some post office had even paid claims.But if they had read the regulation they would have known that they should not have paid any claims.My post office has not allowed me to insure cards for over 5 years now.So for me the only soulution was to send express post with tracking.I use to send express post to the US but since you cannot get a signature on express post sent anywhere other than Canada I have gone to registered mail.You can get a signature that way by asking for an AR card which gets sent back to you as proof of delivery.

All this is only going to drive up the cost of doing online selling.In some ways I hope that it does enought to the hobby that people will start going back to support their local shops and local shows.Maybe sellers will not have to listen to everyone saying I can buy it on the bay for half that.Well that may be true.Just that they forgot to tell you that had to pay $15.00 for postage.And really no garantee that they will ever get the card.
I have always felt that there is some to be said about holding the card in your hand before you lay down those hard earned dollars.
Click to expand...

Winston has nailed it on the head (for the average collector), by the rules there has not been any actual insurance on sportscards for ages UNLESS (and this comes from high up in Canadapost) you are a business that deals in them AND you can provide proof of actual (realized sales) value on item. What happened was people were insuring for for BV which is not realized or replacement value.

This information was provided to me about a year ago when I had to file a claim after my PO gladly sold me the insurance even when I declared it was a hockey card. They eventually did pay the claim but I was sent a letter with the above information with my cheque.

Darren
 
Cost of Goods and Insurance Claims

dahabsfan said:
Winston has nailed it on the head (for the average collector), by the rules there has not been any actual insurance on sportscards for ages UNLESS (and this comes from high up in Canadapost) you are a business that deals in them AND you can provide proof of actual (realized sales) value on item. What happened was people were insuring for for BV which is not realized or replacement value.

This information was provided to me about a year ago when I had to file a claim after my PO gladly sold me the insurance even when I declared it was a hockey card. They eventually did pay the claim but I was sent a letter with the above information with my cheque.

Darren
Click to expand...

There is a very simple concept that most of you fail to grasp. Postal insurance is meant to cover your loss. It is not meant to generate a profit for someone.

Effectively if you claim for the "cost of goods" part of the transaction for the lost or damaged item you should get re-imbursed provided you do not disqualify the application.

When I was running Cartophilium Inc (1979-1992) the policy was "self insurance" until a certain point. Since I have a degree in mathematics it was fairly simple to set up a reliable "risk" model and track the results. Over the years our "self-insurance" costs averaged just under $180.00. Insuring would have cost at least $4,000.00 ranging to over $6,000.00. Nice profit considering you have the added bonus of saving time by not having to deal with the post office claims department.

Until app. three years ago had the same policy on eBay and it worked fine. Stopped selling on eBay because there was too much nickle and dime nonsense.
 
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I've been told this for YEARS now. However, my arguement to them is that it IS just a paper product. The biggest problem I have is sending cards in One touch holders. They CONSTANTLY want to charge me way too much. I just keep telling them that if the can guarantee me that they won't bend my card, I won't send it in plastic holders :)
 
Arguing Against Yourself

koondog44 said:
I've been told this for YEARS now. However, my arguement to them is that it IS just a paper product. The biggest problem I have is sending cards in One touch holders. They CONSTANTLY want to charge me way too much. I just keep telling them that if the can guarantee me that they won't bend my card, I won't send it in plastic holders :)
Click to expand...

If it IS just a paper product then the issue that it MAY arrive bent at the other end does not matter.
 
dahabsfan said:
Winston has nailed it on the head (for the average collector), by the rules there has not been any actual insurance on sportscards for ages UNLESS (and this comes from high up in Canadapost) you are a business that deals in them AND you can provide proof of actual (realized sales) value on item. What happened was people were insuring for for BV which is not realized or replacement value.

This information was provided to me about a year ago when I had to file a claim after my PO gladly sold me the insurance even when I declared it was a hockey card. They eventually did pay the claim but I was sent a letter with the above information with my cheque.

Darren
Click to expand...

This is a very interesting issue. I went to read about it in the general agreement here at canada post:
http://www.canadapost.ca/tools/pg/terms/Final_2008_STC-e.pdf

And I can't find anything that says they don't insure collectibles. Does anyone have a link to proof one way or another? No offense to Canada post employees, in any one day, I can go to three different outlets and get three different answers.
 
I little OT but I found out today that if you're shipping from US to Canada via Registered Mail, insurance is only covered up to $45 and USPS will not cover the item for any more than that.
 

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