How much insurance does UPS provide? This is a common question among customers who are shipping valuable items through the United Parcel Service (UPS). As a leading logistics company, UPS offers various insurance options to protect your packages during transit. Understanding the extent of insurance coverage provided by UPS is crucial for ensuring that your shipments are safeguarded against potential damages or losses.
UPS provides insurance coverage through its UPS SurePost and UPS Capital insurance programs. The amount of insurance coverage offered by UPS depends on the type of service you choose and the value of the item you are shipping. Here’s a breakdown of the insurance options available:
1. UPS SurePost Insurance: This insurance option is available for shipments sent through UPS SurePost, which is a ground service that combines UPS and U.S. Postal Service (USPS) delivery. UPS SurePost insurance covers up to $100 for packages weighing less than 70 pounds. If your item’s value exceeds this amount, you may need to purchase additional insurance.
2. UPS Capital Insurance: UPS Capital offers a variety of insurance products, including UPS Capital Package Protection, which covers packages for up to $100,000. This insurance is available for shipments sent through UPS Ground, UPS Air, and UPS SurePost. You can purchase this insurance for an additional fee based on the declared value of your package.
3. UPS Additional Coverage: UPS also offers additional coverage options for high-value shipments. You can choose from UPS Additional Coverage, which covers packages for up to $1,000, or UPS Additional Coverage Plus, which covers packages for up to $5,000. These options are available for shipments sent through UPS Ground, UPS Air, and UPS SurePost.
It’s important to note that the insurance coverage provided by UPS is subject to certain exclusions and limitations. For instance, UPS insurance does not cover damage caused by natural disasters, acts of God, or inherent vice. Additionally, the insurance coverage is based on the declared value of the item, and the actual value of the item may not be covered if it is not declared.
To ensure that your valuable shipments are adequately protected, it’s essential to review the insurance options provided by UPS and choose the coverage that best meets your needs. By understanding how much insurance UPS provides and the terms and conditions of the coverage, you can rest assured that your packages are in good hands during transit.
