Choosing a courier company to ship packages may seem like the easiest and safest way to get your goods delivered. But what happens if your package is delivered damaged? If there is an accident while you package is en route? And what if your package just mysteriously never makes it to the intended person for delivery? When using a courier company you will want to consider taking out insurance on the items you ship with them.
WHEN YOU SHOULD INSURE PACKAGES YOU SHIP:
Valuable Items
If you are shipping something that is worth more than what you would get with the already included insurance coverage consider taking out more. It will better to take the extra insurance out just in case than to have to suffer a major loss in the unfortunate event that you package goes missing.
Breakables
Shipping anything that is fragile is always a risk not matter how well you package it. Taking out a little extra insurance coverage on these items can go a long way if the package arrives damaged and needs to be returned.
Large Order
If you are shipping out a bulk order to a retailer or distributor than you will want to make sure you have additional coverage on it. Just because the package is large does not mean it will not suffer from damage or lose and you will want to make sure you have enough coverage to account for all the items being shipped.
Irreplaceable items
Shipping packages that cannot possibly be replaced is also always a risk. For these items you will want to make sure you have insurance enough to cover the loss you will incur from damage to the product. Since these items cannot be replaced they tend to be the most costly items for you if and when they unfortunately are not delivered properly.
High Risk Areas
If you are knowingly having a packaged delivered to an area that is susceptible to theft you will want to make sure your package is adequately insured. This is just as a peace of mind for when the package does not end where it is intestinally meant to go.
Perishable Items–
Not so much of insurance but more of a special request of handling can be adding to perishable items. For an additional cost you can request these items be delivered a certain way such as refrigeration trucks or overnight shipping.
Although most courier companies do include a small amount of insurance coverage if your package is damaged during delivery it is always wise to pay for additional insurance on certain packages. When choosing a courier service make sure they offer tracking services so you can keep tabs on your packages and when the other party can expect to receive it. It may not be completely necessary to insure the items you ship but can be worth the peace of mind you will gain knowing that if anything does happen you will be compensated.