eMoviePoster.comDid You Know... that FedEx allows you to insure collectibles, but never pays any damage or loss claims on them?Return to Did You Know Archive Added: 08/17/2015 We recently received a consignment from a customer, and it arrived slightly crushed (it was a quality tube, like the ones WE use to send purchases, and therefore the consignor was not in the slightest at fault. Unfortunately, he had sent via Federal Express, Insured, which was the WORST way he could have sent it. We alerted the consignor of the damage, and he contacted Fed Ex to make the claim, and they refused to pay, because the package contained collectibles, which are not covered under their insurance. He was furious (of course) and he is a dealer, and his business has private insurance on the business itself, so he may be able to collect that way, and of course, we very much hope he can. But the bigger issue is the scam FedEx pulled on him! What they did has been known by many for many years, but FedEx
does nothing to alert the customer of the problem. They gladly take insurance money for collectibles, and they never ever pay any claims on them,
which to my mind, is both morally very wrong and likely criminal as well. I feel that one day there will surely be a class action lawsuit on this. So the next time you have an expensive package or tube you want to send to us (or anyone else) containing collectibles, PLEASE send it any way OTHER THAN Fed Ex, for the above reasons (the Post Office and UPS DO pay insurance claims on collectibles).
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