fedex shipping insurance cost

fedex shipping insurance cost varies depending on the value of the shipment and the level of coverage required. FedEx offers several types of shipping insurance to protect packages during transit, including declared value coverage and additional insurance for high-value items. For most shipments, FedEx automatically includes a certain amount of coverage for the contents, typically up to $100 for domestic shipments. However, if the package’s value exceeds this amount, additional insurance can be purchased to provide extra protection. The cost of additional coverage is typically based on the declared value of the goods being shipped, and prices may vary depending on the destination and the type of service used (e.g., ground, express, or freight). For example, shipping insurance for a package valued at $500 may cost an additional $5 to $10, while a more valuable shipment could incur higher costs. FedEx’s insurance coverage helps protect against loss, damage, or theft during shipping, providing peace of mind for businesses and individuals sending valuable items. The cost is a small but important consideration for those shipping high-value products or sensitive goods.