How Much is USPS Insurance?

If you’re planning on sending a package through USPS, one of the options you have is to purchase insurance. This can be a wise choice, as it can protect you in case your package gets lost, stolen, or damaged during transit. However, you may be wondering how much USPS insurance costs and what it covers. In this article, we’ll answer these questions and more.

How USPS Insurance Works

When you purchase USPS insurance, you’re basically buying a policy that will reimburse you up to a certain amount if your package is lost, stolen, or damaged during transit. The amount of coverage you can purchase depends on the value of your package. For example, if your package is worth $100, you can purchase insurance for up to $100. If your package is worth $500, you can purchase insurance for up to $500.

The cost of USPS insurance is based on the value of your package, as well as the shipping method you choose. For example, if you’re shipping a $100 package via Priority Mail, the insurance cost will be $5. If you’re shipping a $500 package via Priority Mail, the insurance cost will be $15. The cost of insurance is in addition to the postage cost.

USPS Insurance Rates

The following table shows the USPS insurance rates for Priority Mail and Priority Mail Express:

What USPS Insurance Covers

USPS insurance covers loss, damage, or missing contents caused by:

• Handling errors
• Poor packaging
• Weather conditions
• Theft or damage by USPS employees or contractors
• Fire or other accidents

USPS insurance does not cover:

• Loss or damage that occurred after delivery
• Normal wear and tear
• Intentional damage or loss
• Items prohibited by law or USPS regulations
• Items that are not packaged properly

What to Do if Your Package is Lost or Damaged

If your package is lost or damaged, you should file a claim with USPS as soon as possible. You can file a claim online, by mail, or in person at a post office. The claim process can take several weeks, so it’s important to be patient. You’ll need to provide evidence of the value of your package and the damage that occurred.

FAQ

Can I purchase USPS insurance for international shipments?

Yes, USPS offers insurance for international shipments. The cost and coverage depend on the destination country and the value of the package. You can check the USPS website for more information.

Do I need to purchase USPS insurance for every package?

No, USPS insurance is optional. You can choose to purchase insurance for valuable or fragile items, but it’s not necessary for every package.

Is USPS insurance the same as shipping insurance?

Yes, USPS insurance is a type of shipping insurance. It provides coverage for loss or damage that occurs during transit.

What’s the difference between USPS insurance and USPS tracking?

USPS tracking allows you to track your package’s location and delivery status, but it does not provide coverage for loss or damage. USPS insurance, on the other hand, provides coverage for loss or damage that occurs during transit.

Can I purchase USPS insurance after I’ve shipped my package?

No, you must purchase USPS insurance at the time you ship your package.

Conclusion

If you’re shipping valuable or fragile items through USPS, purchasing insurance can provide peace of mind. The cost of USPS insurance depends on the value of your package and the shipping method you choose. USPS insurance covers loss or damage that occurs during transit, but does not cover every type of loss or damage. If your package is lost or damaged, be sure to file a claim with USPS as soon as possible.