Originally Posted by
mkc
The problem with the insurance stated value is that if there were to be an issue, you'd better have receipts showing the actual value or amount paid for the contents.
Just because you insure something for, say, $200, the post office (or FedEx or UPS) is not going to automatically pay you that full amount if it's lost or damaged. You'll be required to provide proof of value.
Absolutely right. They will want recent receipts. If you used fabric from your stash, you are out of luck.