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The Hidden Costs of Assurance: Why We Pay for Security

In today's world, we often find ourselves weighing the value of peace of mind against the cost of assurance. Whether it's paying a little extra for a hot hamburger, ensuring our pets are fed at the kennel, or guaranteeing a successful surgical procedure, the question remains: how much is our security worth? This article explores various aspects of insurance, including shipping insurance and the challenges of filing claims with USPS. We also discuss the continuous issues faced by postal services and what customers should be aware of when seeking assurance in their transactions.

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The Hidden Costs of Assurance: Why We Pay for Security

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Presentation Transcript

  1. Tyler C. Hamilton Would you pay an extra quarter to get a hot hamburger?

  2. What Should Be Expected? • Would you pay an extra $25 to make sure your dog was feed at the kennel? • Would you pay your surgeon and extra $500 to make sure the he/she completes the procedure? • Would you pay your gas man an extra $1,000,000 to make sure you house does not have gas leaks? • Why do we pay for shipping insurance?

  3. What is postal insurance? By adding insurance, the Postal Service can provide the security and peace of mind you need when you’re sending a valuable item through the mail.You only need to insure your package for the value of its contents, as you’re only covered for the actual value at the time and place of mailing. If you need to insure a package for more than $500, you will need to visit your local Post Office. USPS.com

  4. My Experience

  5. The Insurance Claim • Filing: online, phone, location, location • Only one person in office can file claims • Will I get updates on the claim? NO • Can I follow it online? NO • Is there anyone I can call about it? NO • Is there anyone you can call about it? NO • How long will it take? 6-8 weeks

  6. What happened?

  7. USPS Issues Are Endless • Rate Increases • Passports • Understaffed • Revenue • Advertising • Boxes • Flat Rate

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