ups insurance price is a key factor to consider when shipping valuable or fragile items. UPS offers different levels of insurance coverage for shipments, depending on the type of service selected. Typically, the cost of insurance is a small percentage of the declared value of the package. UPS’s declared value coverage offers protection for goods lost or damaged in transit, with a maximum limit on the claim amount. Prices for insurance vary, but typically, UPS charges around $1.30 for every $100 of value for standard insurance. It’s important to understand that additional insurance beyond the standard coverage might come at an extra cost, and reviewing the UPS insurance rates for specific services is advisable before shipping.