16th October 2019

shippingeasy
12

Is UPS declared value the same as insurance?

UPS refers to the "insured value" as the "declared value". For shipments without a declared value, UPS' maximum liability is $100 for damages or losses at no cost. However, you can declare a higher value and purchase additional insurance with our insurance provider, Shipsurance.

In this manner, how much is ups insurance on a package?

Description. 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.

How much does it cost to ship with insurance?

$50.01 to $100 is $2.05. $100.01 to $200 is $2.45. $200.01 to $300 is $4.60. The price per additional $100 of insurance, valued over $300 up to $5,000, is $4.60 plus $0.90 per each $100 or fraction thereof.

What happens if UPS damages your package?

Damage to a package can be reported by a shipper, recipient, or by UPS. After a damage inspection is performed by UPS, the shipper of record is contacted with the results. Depending on the results, the shipper can file a claim for the repair or replacement cost of the package contents up to the declared value.
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