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Reply to "Have the Insurance Rates been updated??"

We'll change the rates to reflect the new USPS rates. Our rate will probably increase a little as well but the percent you'd receive would go up most likely.

Are buyers going to continue purchasing insurance at the same pace with the new higher rates? An increase from $1.35 to $1.65 seems pretty steep to me on a $50 item or less. I guess the post office thinks they'll make more that way. They may lose a few sales but will make more overall from the higher price?

If we do this we'll have to keep a close eye on how sales are affected. We should be able to pass on at least a little of the increase back to the seller I'd think though.
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