FedEx offers declared value coverage as part of their shipping services. This coverage is automatically included up to a certain amount, typically $100, and provides protection for lost or damaged shipments. If you need additional coverage, you can purchase additional insurance through FedEx for a fee. To file a claim, you will need to provide documentation of the value of the shipment and proof of damage or loss. FedEx will then review the claim and provide compensation based on the declared value and additional insurance coverage, if applicable. It’s important to carefully read and understand the terms and conditions of FedEx’s insurance coverage to ensure you have the appropriate protection for your shipments.
1. How does FedEx insurance work for shipments?
FedEx offers declared value coverage for shipments, which provides protection against loss or damage up to a certain value. Customers can declare a value for their shipment and pay a fee based on the declared value to receive insurance coverage.
2. What is the process for filing a claim with FedEx insurance?
If a shipment is lost or damaged, the customer can file a claim with FedEx within a certain timeframe. They will need to provide documentation such as the original invoice, proof of value, and evidence of the damage or loss. FedEx will then review the claim and provide compensation based on the declared value and the circumstances of the loss or damage.
3. Are there any limitations or exclusions to FedEx insurance coverage?
FedEx insurance coverage may have limitations and exclusions, such as certain types of items that are not eligible for coverage or specific circumstances that are not covered. It’s important for customers to review the terms and conditions of FedEx insurance to understand what is and isn’t covered before shipping valuable items.