Jane Dotson
Shipping insurance is available for everyone and can be purchased from most major carriers or third-party companies. GoShippo offers shipping insurance to its customers, allowing them to protect their packages from damage or loss at an affordable cost. GoShippo's insurance is provided by XCover, which offers a fast and easy claims process, quick reimbursement, and affordable premiums. However, it's important to note that XCover may not be available to all users due to factors such as shipment history, location, and the nature of the items being shipped. GoShippo also provides the option to purchase insurance directly from carriers like USPS, UPS, and DHL.
| Characteristics | Values |
|---|---|
| Shipping insurance options | Carriers or third-party insurers |
| Third-party insurers | XCover, Shipsure |
| Carriers | USPS, UPS, FedEx, DHL |
| Cost of insuring a package within the same country | 1.25% of the insured value plus postage cost |
| Cost of insuring a package for cross-border shipments | 1.50% of the insured value |
| Cost of insurance for domestic shipments within the US | 1.25% of the package's total value |
| Cost of insurance for international shipments | 1.50% |
| Maximum coverage amount | $5,000 |
| Items requiring signature confirmation | Jewelry, computers, TVs worth more than $250 |
| Items not covered by insurance | Perishable items, products too fragile for delivery, items not securely packed, antiques, fish tanks, clocks, china |
| Countries not covered by XCover | Countries on the sanction list from the UN, EU, UK, or US |
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What You'll Learn
GoShippo offers third-party shipping insurance
The cost of insuring a package with XCover through GoShippo depends on whether the shipment is domestic or cross-border. For domestic shipments, insuring a package costs 1.25% of the insured value plus postage cost. For cross-border shipments, insuring a package costs 1.50% of the insured value.
To add XCover insurance to your GoShippo order, go to the Orders page and click on the relevant order. Then, click on Shipment Extras in the sidebar and click Add next to Shipment Insurance. Choose Insurance by XCover and enter the total value of the items inside the package. You will then receive a quote for insurance on your package.
GoShippo also offers the option to purchase the insurance offered by the carriers directly. However, purchasing third-party insurance can be much cheaper than carrier insurance, and it offers a simpler, faster, and paperless claims process.
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XCover insurance is available through GoShippo
Shipping insurance is available to everyone and can be purchased from most major carriers or third-party companies. GoShippo offers shipping insurance through its partner XCover, which provides discounted third-party shipping insurance. XCover insurance is available to all GoShippo users, although it may not be available for all shipments due to factors such as shipment history, location, the nature of the items being shipped, or other considerations.
GoShippo users can access XCover insurance directly from the platform. From the Orders page, users can select the order they want to insure, click on Shipment Extras, and then select XCover Insurance. The user must then input the total value of the items in the package to receive a quote for insurance. For domestic shipments within the same country, insuring a package costs 1.25% of the insured value plus postage cost, while for international shipments, insuring a package costs 1.50% of the insured value.
XCover insurance offers a fast and easy claims process, quick reimbursement, and affordable premiums. It also streamlines the entire shipping process, allowing businesses to protect their packages without the usual headaches. GoShippo also offers pre-built integrations into shopping carts like Magento, Shopify, Amazon, and eBay, making it a convenient option for businesses that use these platforms.
It is important to note that XCover insurance has certain exclusions and restrictions. For example, as of March 1, 2024, items such as watches, jewelry, antiques, artwork, ceramics, and glassware are subject to a 25% deductible when filing a claim. Additionally, XCover may not be able to insure packages shipped to certain countries, including those on sanction lists from organizations like the United Nations, the European Union, the United Kingdom, or the United States. Users should carefully review the XCover Terms and Conditions to understand the full list of exclusions and restrictions.
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GoShippo insurance is cheaper than carrier insurance
Shipping insurance is a safety net that provides peace of mind if a shipment goes missing or is damaged in transit. While it may sometimes feel like an unnecessary expense, it can save you money in the long run. The question is, where do you purchase shipping insurance from?
GoShippo offers an easy and affordable way to insure your packages. With GoShippo, you can purchase shipping insurance directly from the label creation step of the app or through the API. GoShippo's insurance is provided by their partner, XCover, and offers several benefits. Firstly, it is cheaper than carrier insurance. Secondly, it provides a simple, fast, and paperless claims process, with quick reimbursement. Additionally, GoShippo streamlines the entire shipping process, making it more convenient and efficient.
When insuring a package with GoShippo, you will need to provide the total value of the items inside. For domestic shipments within the same country, GoShippo insurance costs 1.25% of the insured value plus postage cost. For international or cross-border shipments, the cost is 1.50% of the insured value. It's important to note that GoShippo insurance has certain exclusions and restrictions. For example, it may not be available for certain items or destinations, and there may be limits on certain items.
Carrier insurance, on the other hand, can be more expensive and may have more complex claims processes. Each carrier has its own unique requirements and exclusions for package insurance. Some carriers, such as USPS, UPS, and FedEx, provide automatic coverage for domestic parcels up to a certain value, typically $100. However, for items valued over $100, purchasing third-party insurance like GoShippo's may be a more cost-effective option.
In summary, GoShippo insurance is a cheaper and more convenient option for insuring your shipments. It offers affordable premiums, a simple claims process, and the ability to manage all your shipping insurance information in one place, regardless of the carrier. By choosing GoShippo insurance, you can protect your packages and your business while keeping costs low.
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GoShippo insurance is available for international shipments
GoShippo offers shipping insurance to everyone, including free third-party shipping insurance. This insurance can be added to any order during the label creation process. GoShippo has partnered with XCover, owned by Cover Genius, to allow users to quickly and easily add insurance to their labels while purchasing.
For shipments originating within the same country, insuring a package costs 1.25% of the insured value plus postage cost. For cross-border or international shipments, insuring a package costs 1.50% of the insured value. There is no longer a $1 minimum.
As of 10 April 2023, coverage is only available for shipments originating from the United States, Canada, United Kingdom, Germany, France, Spain, Italy, and the Netherlands. Coverage for other countries will be available soon. Insurance coverage is limited to countries that do not violate United Nations resolutions or the trade or economic sanctions, laws or regulations of the European Union, the United Kingdom or the United States of America.
GoShippo's shipping insurance offers protection against loss, damage, or theft. Packages shipped to and from almost anywhere in the world by any carrier are covered. The insurance covers the package's total order value, shipping label, return shipping (for damaged packages), and re-shipping costs. Branded packages are also covered. The claims process is paperless, and most claims are processed and reimbursed in under three days.
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GoShippo insurance is available for free
Shipping insurance is available to everyone and can be included for free or by adding third-party shipping insurance. GoShippo offers free shipping insurance to protect your revenue from damaged, lost, or stolen packages and keep your customers secure and satisfied.
GoShippo's free shipping insurance is provided by XCover, which offers affordable premiums and a fast and easy claims process. The claims process is much quicker than with a third-party provider or shipping solution, and any claims filed are managed directly with XCover. Coverage is determined on a per-package basis, so multiple packages must be insured individually. You can add shipping insurance to any order during the label creation process directly in GoShippo.
For domestic shipments within the United States, GoShippo shipping insurance will cost 1.25% of the package's total value, plus postage cost. For international shipments, the cost is 1.50% of the insured value. There is also a 25% deductible when filing a claim for certain items, such as watches, jewellery, antiques, artwork, ceramics, and glassware.
GoShippo's free shipping insurance is a great way to protect your packages against damage or loss, and to give your customers peace of mind. It's important to note that certain items may require you to add signature confirmation for coverage, such as jewellery, computers, and TVs worth more than $250.
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Frequently asked questions
Shipping insurance provides extra peace of mind if a shipment goes missing or arrives damaged. It is a backup plan that can help your company cover its costs if a package gets lost or is damaged in transit.
Shipping insurance can be purchased to protect your packages against loss or damage. It is a way to protect your bottom line and improve customer experience.
GoShippo offers discounted third-party shipping insurance provided by their partner, XCover. You can also purchase the declared value coverage offered by carriers.
For domestic shipments within the United States, shipping insurance will cost 1.25% of your package's total value. For international shipments, the percentage is 1.50%.
