Returning eBay Item That Arrived Damaged?

I bought an iPhone 5 on ebay for $413. It arrived not working and I opened a dispute for "item not as described". Buyer said to ship it back and I'm ready to ship it back via priority mail small flat rate box. I'm sending it through priority mail with signature confirmation, this will cost $5.25 for the shipping and $2.35 for sig confirmation my question is do I have to add insurance to this package? It will cost $8.00 for insurance and that's a lot of money just to ship back a phone that does not turn on.

As long as you properly package the phone I see no need to. I never use insurgence and I've never had a problem.

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