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A comment on SNES preservation project on hold due to missing $10,000 package. Parent comment

Re:SNES preservation project on hold due to missing $10,000 ... by x1798DE on Tuesday February 14, 2017 @03:58PM (#13647107)
> It's not unreasonable to believe a mail carrier would try to avoid the need to pay out 1000 Euros worth of insurance by not losing said package.

If it costs 1000 Euros to insure a 10,000 Euro package, doesn't that sorta indicate that the chances of something happening to the package are on the order of 1 in 10?

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Re:SNES preservation project on hold due to missing $10,000 ... by eridius on Tuesday February 14, 2017 @04:09PM (#13647216)
Where did you get that figure? The package was insured for 1000 Euros. It did not cost 1000 Euros to insure the package.
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Re:SNES preservation project on hold due to missing $10,000 ... by x1798DE on Wednesday February 15, 2017 @12:06AM (#13649846)
I was quoting ryanlol's quote. Seemed steep, honestly.
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Re:SNES preservation project on hold due to missing $10,000 ... by eridius on Wednesday February 15, 2017 @02:20AM (#13650320)
You're misinterpreting.

The value of the insurance is 1,000 Euros. Meaning USPS needs to pay out 1,000 Euros if they lose the package (that's what ryanlol was referring to). The price of the insurance (that the shipper paid) was not 1,000 Euros. Nobody said what it was, but it's going to be some small fraction of that.

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