One of the suppliers’ recommendations is not to add insurance for a higher value than the value of your product f it is lost or suffers an accident, the insurance will cover only the actual value minus depreciation. When the item you send is valued at more than $50, you must sign the delivery receipt for your records at the delivery post office. USPS insurance coverage can be up to $5,000 for standard mail and applies to standard mail sent at the First-Class Mail or Priority Mail rate. They are usually careful with packages, so there will be a few times that you will have to resort to insurance. The recommendation will always be to purchase insurance this is the most important step to ensure that the shipping company will be responsible for losses. For a value over $100 up to $200, it is $0.75.When you purchase additional insurance, the prices will include: If you opt for USPS services such as Express Mail, you can enjoy freely the first $100 of coverage.
The declared value is the price of the contents of the box you must notify this to be able to file a claim when necessary.ĭepending on the package, the insurance prices are higher or lower the prices can be established for the postal service that does not have insurance at no cost, then you will be paying the entire bill. To begin with, the value of USPS insurance varies according to the declared value of the package shipped.
Although the fee is usually minimal, you should see if it is worth it according to the risks and costs when discussing heavy or large packages. The value of insurance available with USPSīefore considering the purchase of shipping insurance, you should know the prices and the cost-effectiveness of having one.
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