The cost of FedEx insurance per $1000 varies depending on the declared value of the shipment, the destination, and the type of service selected. It is best to contact FedEx directly or use their online rate calculator to get an accurate quote for insurance coverage.
1. How much does FedEx insurance cost per $1000 of coverage?
– The cost of FedEx insurance varies depending on the declared value of the shipment and the destination. Generally, the cost is around $0.90 to $2.70 per $1000 of coverage.
2. Is FedEx insurance mandatory for all shipments?
– No, FedEx insurance is not mandatory for all shipments. However, it is recommended for high-value or fragile items to protect against loss or damage during transit.
3. What does FedEx insurance cover?
– FedEx insurance covers loss or damage to the shipment during transit. It provides financial protection for the declared value of the goods in case of unforeseen events such as theft, loss, or damage.