The cost of insurance on USPS packages varies depending on the value of the item being shipped. USPS offers insurance coverage up to $5,000 for merchandise and up to $25,000 for certain types of mail, with additional coverage available for an extra fee. The cost of insurance is typically based on the declared value of the item and can range from a few dollars to a percentage of the item’s value. It’s best to check with USPS directly or use their online calculator to get an accurate quote for insurance on your specific shipment.
1. How much does insurance cost for USPS packages?
– The cost of insurance for USPS packages varies depending on the value of the item being shipped. The cost starts at $2.10 for items valued up to $50, and increases based on the value of the item.
2. Is insurance required for USPS packages?
– Insurance is not required for USPS packages, but it is recommended for valuable items to protect against loss or damage during transit.
3. What does USPS insurance cover?
– USPS insurance covers the value of the item being shipped in case of loss, damage, or theft during transit. It does not cover items that are prohibited or restricted for shipping, or items that are not properly packaged.