![]() Antiques, furniture, tableware, glassware.Film (including photographic images, negatives, and slides).Artwork (e.g., paintings, drawings, sculptures, vases).That said, this amount is set at $1,000 for things such as: In addition to these scenarios, FedEx does not provide full coverage for certain high-value items that exceed the maximum liability coverage. Moreover, if your goods are damaged or go missing after delivery, a third-party insurance policy like homeowner’s or renter’s insurance is another route to pursue. Are There Things FedEx Insurance Doesn’t Cover?įedEx’s coverage does not protect goods from any damage resulting from fire or natural disasters.Ĭlearly, such events are outside FedEx’s control, and thus the company does not cover them.Īlso, it does not cover goods that get damaged or go missing upon arrival at the receiver’s doorstep.Īgain, such instances are outside FedEx’s control and cannot be included in the coverage. What Does FedEx Insurance Cover?įedEx’s declared value coverage helps offset the cost if a package is lost, stolen, or damaged during the shipping process. Value of contentsĪlso, adding more coverage to a package can be done online or in person at a FedEx Office location. Further, below is a table of coverage prices for packages with a higher declared value. How Much Does It Cost To Insure A Package With FedEx?įedEx offers the first $100 of declared value coverage for free. With that, when dropping off a package to be shipped, simply fill out the value section on the shipping form.įurther, if the total value of the shipment is worth less than $100, you don’t need to do anything else, as coverage is automatically included when you purchase shipping services.īut, if your package is valued at more than $100, fill in the value and pay the appropriate amount of additional shipping fees. Taking advantage of FedEx’s coverage is easy. However, if you’re shipping a package with a declared value of more than $100, you should purchase additional insurance coverage. Here, the important words are “up to.” So, if the value of your items is less than $100, FedEx will only reimburse you for the value of the damaged items.įor example, if a $10 coffee mug breaks, then FedEx will only pay $10. As such, FedEx will reimburse a shipper up to $100 should anything happen to the package. That said, declared value coverage refers to the maximum amount of money the shipping company will pay the shipper if any damage occurs to the parcel during the shipping process.Īt FedEx, the declared value coverage is $100. Like most third-party shipping companies, FedEx always includes declared value coverage in its shipping contracts. Understanding how FedEx’s coverage works can be a bit complicated, so be sure to follow this guide for assistance! How Does FedEx Insurance Work? Coverage is priced according to the package’s declared value. If the package’s value is higher, customers can purchase additional coverage. All packages come with $100 worth of coverage in the shipping price. Instead, the company provides declared value to offset costs if a package is lost, stolen, or damaged. 1.7 Conclusion Are FedEx Packages Insured In 2023?įedEx doesn’t offer shipping insurance as of 2023. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |