how much does insurance cost for shipping

how much does insurance cost for shipping depends on the shipping carrier and the declared value of the package. For example, USPS offers up to $50 of insurance for free with Priority Mail and Priority Mail Express, but additional insurance can be purchased for an extra cost. For FedEx and UPS, the cost of insurance typically ranges from $1.50 to $10, depending on the value of the shipment. The cost of shipping insurance is calculated based on the declared value of the item being shipped, with rates varying by carrier. Shipping insurance helps protect against loss or damage during transit, providing peace of mind to both sellers and customers, especially for high-value items.