bee asked in Business & FinanceInsurance · 1 decade ago

I purchased insurance fromUSPS for $152...they approved the claim for $89. Can anyone explain this?

2 Answers

  • 1 decade ago
    Favorite Answer

    Sounds like the cost to replace the item was only $89. You don't get the 'agreed value', you get what the item was worth.

  • 1 decade ago

    Evidently they determined you over priced whatever it was you insured.

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