I definitely insure anything over $50. I insure anything I can't easily replace. With replacable chips under $50, I look at who I'm sending to. If I trust them, I don't sweat it. I don't always insure for "full value." Say the chips are worth $150. Insuring for $100 makes the reciever sign for them, and tends to improve the PO's accountability. That accomplishes most of what I'm concerned about. I can afford the $50 loss if they really are lost.