General Question

saservp's avatar

Is declared value fee the same as insurance for Fedex and UPS?

Asked by saservp (286 points ) March 3rd, 2011

I went online to compare shipping cost for an item between USPS, Fedex, and UPS. I want my item insured for its value, $2,000. On USPS you simply declare the value and pay for insurance. On UPS and Fedex you declare the item’s value, and it adds a fee, called the Declared Value fee. Is this the same as insurance?

Observing members: 0 Composing members: 0

1 Answer

perspicacious's avatar

That figure is used to calculate insurance as well as for customs if it’s an international post.

Answer this question

Login

or

Join

to answer.

This question is in the General Section. Responses must be helpful and on-topic.

Your answer will be saved while you login or join.

Have a question? Ask Fluther!

What do you know more about?
or
Knowledge Networking @ Fluther