Where did you get that figure? The package was insured for 1000 Euros. It did no...

x1798DE · on Feb 15, 2017

I was quoting ryanlol's quote. Seemed steep, honestly.

lilyball · on Feb 15, 2017

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.