Insurance...

Aequitas86 · 01/22/2009 12:06 AM

Regarding cigar passes. How much do you guys insure the cigars for when sending out a pass via USPS? I have always highballed it a little...just wanted to see what you guys think the norm should be.

I usually ballpark it at 10 bucks a stick.

Duker511 · 01/22/2009 08:25 AM

Maybe Im supposed to but Ive never insured them. It does seem like a good idea though, there can be several hundred dollars in a pass. I am going to do this from now on. I think $10 a stick sounds good as a minimum.

junglepete · 01/22/2009 08:42 AM

Isn't there an automatic insurance of $100 or so on all packages...there is here in Canada

lowpro75 · 01/22/2009 09:31 AM

I'm not sure if it is worth it. At 2.15 for $100 in insurance I assume that less than 1% of packages get lost. If I had a particular expensive box I might, but I think my cigar average more around 5 bucks a stick. So at 5 a stick for 15 cigars that would be $75. I don't think it is worth it.

Aequitas86 · 01/22/2009 12:04 PM

I dunno. If I remember correctly, when a pass was lost the insurance paid a solid portion. That being said, I think the post offices prices are fairly minimal until you reach the $500+ range. I dunno, I feel its a gamble to send it off with out. Just collecting other peoples opinions.

lowpro75 · 01/22/2009 12:40 PM

Have any passes here been lost?

junglepete · 01/22/2009 12:52 PM

yes a pass was lost and the insurance covered it, but it was a real pain in the ass to get them to pay up.

Aequitas86 · 01/22/2009 12:52 PM

Tex's GOTO smokes pass was lost in its early stages.

stogie_foggie · 01/22/2009 01:20 PM

Not lost, stolen. I'm sure the USPS won't cover that!!

qman22 · 01/22/2009 03:43 PM

I don't insure it because I didn't think the insurance covered tobacco. Maybe I'm wrong?

SenorPablo · 01/22/2009 05:01 PM

I haven't actually ever insured one either. I also thought they wouldn't cover tobacco, but if Pete got one paid out (and if memory serves, it was in NY) then maybe it is worth thinking about doing.

-Paul

junglepete · 01/22/2009 08:42 PM

It was Scott (texlewee) that had sent the pass to me in New York. I never got it and the USPO eventually paid him. I can't remember if he had it insured or how much he paid to insure it.

podman28 · 01/22/2009 08:47 PM

I had a pass stolen but that was another story. I generally ship with Fedex or DHL though and they have some automatic insurance but with the tracking it generally isn't a problem.