[Leica] Paypal and Postal Insurance Question

[alal at duke.poly.edu (A. Lal)]

Hello Everyone,

What is paypal's policy on refunds for shipments damaged or lost in transit 
for which proof of mailing exists?

Just to clarify, a prospective buyer of one of the lenses I advertised, not 
a lugger, thought that 16 odd dollars was too much money to ship a lens 
across the country, even if it included signature confirmation,  insurance, 
and first-class postage with plenty of padding in the box.  He wants to save 
a few pennies (no, I don't know why)  and wants the lens shipped without 
insurance. I have no problem with this as long as paypal does not debit my 
account for a lens that goes missing through no fault of my own.

If this were an old fashioned transaction via cheque  or money order I would 
go ahead, but with paypal involved, I believe it is best to be cautious and 
seek advice from this group.

Comments are appreciated.

BTW, in many years of buying and selling on the web, this is the first time 
a buyer has actually requested a no-insurance shipment in order to save a 
few dollars. Perhaps this should raise a red flag? Of course, I can just 
cover the cost of insurance myself, but the whole thing sounded a bit 
strange.

Regards,
Akhil