The cost of shipping insurance with UPS varies depending on the value of the item being shipped and the level of coverage desired. UPS offers insurance coverage up to $50,000 for domestic shipments and up to $100,000 for international shipments. The cost of insurance is typically a percentage of the declared value of the item being shipped, with rates starting at around $2.70 for items valued up to $100. It is recommended to contact UPS directly or use their online shipping calculator to get an accurate quote for shipping insurance.
1. What is shipping insurance and how much does it cost with UPS?
Shipping insurance is a service offered by UPS that provides coverage for lost or damaged packages during transit. The cost of shipping insurance with UPS varies depending on the value of the package and the level of coverage desired. Generally, the cost of shipping insurance ranges from $0.75 to $2.70 per $100 of declared value.
2. Is shipping insurance with UPS mandatory?
No, shipping insurance with UPS is not mandatory. However, it is recommended for valuable or fragile items to protect against loss or damage during transit.
3. How do I purchase shipping insurance with UPS?
To purchase shipping insurance with UPS, you can either add it to your shipment when creating a label online or request it at a UPS location when dropping off your package. You will need to declare the value of your package and select the level of coverage desired. The cost of shipping insurance will be added to your shipping fees.