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. 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 declared value when you create a shipment on ups.com and paying an additional charge. Certain domestic packages are eligible for the enhanced maximum declared value of $70,000, subject to restrictions set forth in the UPS Tariff/Terms and Conditions of Service. Please note that these amounts are in U.S. dollars. When a shipper declares a value in excess of $100, it does not receive any form of insurance.
Insurance coverage for in-transit goods is available through UPS’s licensed affiliate UPS Capital Insurance Agency, Inc. The supply chain insurance professionals at UPS Capital® can work with you to customize an affordable policy based on what you ship and how you ship your goods.
Ready to ship and insure today? Check out InsureShield™ OnDemand, offering transactional coverage for single shipments. With a few minutes and a credit card, you can select coverage at the time of shipping. Insure a single package or a pallet – it’s your choice.
Or, leverage InsureShield™ InstaQuote to receive an online quote to cover all your shipments. The guided process helps determine insurance coverage that best fits your needs.
With InsureShield™ shipping insurance, your business can be made whole faster--most claims are paid in just a few days—so you can take care of your customer. Other benefits include: