Ups Insurance Pricing
Ups has a 2 70 insurance minimum so the value of the shipped product must be at least 300 to qualify for ups shipping insurance.
Ups insurance pricing. Ups is liable for loss or damage at no extra cost for up to 100 00 for each domestic package international shipment or pallet in a ups worldwide express freight shipment where there is no declared value. Whether or not shipping insurance is worth the cost depends on your shipping volume and the value of your items. Ups s liability is limited to us 100 00 on packages with no declared value. If the value of your goods exceeds us 100 00 you can declare a higher value up to us 50 000 00 per package by entering the declared value in the ups shipping system used and paying an additional charge.
Ups doesn t insure the cost of selling the package. Provide the origin destination and weight of your shipment to compare service details then sort your results by time or cost to find the most cost effective shipping service. However the declared value must also satisfy some conditions. Is shipping insurance worth it.
One of the points worth noticing in the ups insurance policy is that if the value of the shipment is more than 100 the insurance will be based on the declared value. Policyholders have wider latitude to define their insurance coverage than they do with declared value coverage. Ups insurance works like a true insurance policy meaning the insurance provider will pay out the full value of a lost or damaged package without the shipper having to prove that the carrier was liable. You automatically get insurance coverage for ups shipments up to 100 per shipment.
If the value of your goods exceeds this amount you can declare up to 50 000 per package or 100 000 per pallet subject to terms and conditions by entering the. But there s also a minimum charge of 2 25. Quickly get estimated shipping quotes for our global package delivery services.