USPS – United States Postal Service©

The USPS© started as far back as 1775 when Benjamin Franklin appointed the first Postmaster General by the Continental Congress.

Shipping Insurance
The USPS offers insurance to their customers for most methods of service. They provide $100.00 of liability coverage on all Express Mail shipments free of charge.

Pricing
The USPS© has a unique rate structure. It looks like:

Insured Value Cost
$0-$50 $1.75
$50.01-$100 $2.25
$100.01-$200 $2.75
$200.01-$300 $4.70
An so on….

Furthermore, the USPS© does not offer insurance on certain shipping services, such as First Class International, making it difficult to gauge what is or is not insurable.

Benefits

  • Offers actual insurance coverage
  • Billion dollar company
  • $100.00 of free liability coverage for Express Mail, only.


Disadvantages

  • Rates are very costly.
  • Claims process can be tedious, often taking months to settle.
  • Does not cover certain shipping services, such as First Class International.
  • Certain countries has special restrictions and limits.
  • Coverage for USPS© shipments, only.

 


Shipping CarriersUSPS – United States Postal Service©The USPS© started as far back as 1775 when Benjamin Franklin appointed the first Postmaster General by the Continental Congress.

Shipping Insuran…




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