Shipping Insurance

What Is Shipping Insurance?

Shipping insurance is a financial safety net that protects packages during transit. It covers losses due to damage, theft, or non-delivery. Whether you're an eCommerce seller, a fulfillment center, or an individual shipper, shipping insurance helps you recover the value of a package if something goes wrong.

Why U-PIC?

Trusted Shipping Insurance for Businesses and Individuals

U-PIC is a third-party shipping insurance provider with over 30 years of industry experience. We partner with USPS, UPS, FedEx, DHL, and more to offer discounted rates—up to 90% lower than carrier insurance. Our coverage is fast, flexible, and backed by a simple online claims process.

Highlights of U-PIC Shipping Insurance:

• Over 30 years of trusted service
• Coverage for domestic and international shipments
• Rates up to 90% lower than carriers
• Seamless claims process and customer support
• No hidden fees or long-term commitments

Who Needs Shipping Insurance?

Anyone shipping packages with value—especially businesses that depend on timely, intact deliveries. Our customers include:

• Online sellers (eBay, Amazon, Shopify)
• Third-party logistics companies (3PLs)
• Subscription box services
• Warehouses and fulfillment centers

Check out our integrations page to see the types of businesses we work with and how easily U-PIC connects with your shipping tools.

Shipping Insurance vs. Carrier-Provided Coverage

Carriers like UPS or FedEx typically offer "declared value" coverage, which may only cover the first $100 of a shipment by default. This is not true insurance—it’s a limited liability assumption. With U-PIC, you’re getting a real insurance policy that offers broader protection and higher value coverage options.

U-PIC’s shipping insurance offers:

• Much lower cost per package
• Faster and more transparent claim resolution
• Broader item eligibility
• Streamlined documentation

Example Pricing Table:

What’s Not Covered?

U-PIC coverage excludes certain high-risk or restricted items, including:

• Cash, gift cards, or anything that acts like money ("negotiable instruments")
• Perishable goods (unless covered by endorsement)
• Personal electronics like phones and laptops (unless covered by endorsement)

Need specialized coverage?

We offer endorsements for:

• Porch piracy
• Temperature-sensitive shipments
• High-value electronics

How to File a Shipping Insurance Claim

To file a claim, simply gather the following:

• A copy of the invoice between the seller and the buyer for the merchandise in the shipment.
• A statement from the consignee confirming the loss or damage to the shipment. If the shipment is lost, the statement from the consignee must be dated after the waiting period for the package.
• Pictures of the damaged package and product if the package arrived damaged.

Our online system is fast and transparent—most claims are resolved quickly, so you can stay focused on running your business.

Ready to Insure Your Shipments?

Whether you're shipping one package or thousands per month, U-PIC makes insurance easy. Secure your packages and your peace of mind.