Shipping Insurance
Protect your shipments with U-PIC, the industry leader in providing comprehensive shipping and package insurance solutions.
What Shipping Insurance Covers
Shipping insurance covers the declared value of a package while it is in transit. If a shipment is lost, damaged, or stolen before it reaches the recipient, you file a claim and recover what the goods were worth instead of absorbing the cost of a replacement or a refund.
Coverage applies whether you are an eCommerce seller, a fulfillment center, a 3PL, or an individual shipper, and it follows the package across every carrier you use. What is not covered, and the limits that apply to high value goods, are set out further down this page.
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.
- 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.
- Much lower cost per package
- Faster and more transparent claim resolution
- Broader item eligibility
- Streamlined documentation
Why Choose a Third Party Provider
When a carrier loses or damages your package, filing a declared value claim means asking that same carrier to rule against itself. A third party provider removes that conflict. U-PIC is an independent, licensed insurance provider, so your claim is reviewed on its merits by people whose only job is settling it fairly.
That independence is why high volume shippers choose 3rd party shipping insurance over carrier coverage:
- One policy across USPS, UPS, FedEx, DHL, and any other carrier you ship with
- Claims reviewed by a licensed insurer, not by the carrier that lost the package
- Consistent rates whether you ship with one carrier or five
- Coverage available for high value goods that carriers commonly exclude
Example Pricing
| Carrier | Package Value | Deductible | Rate Per DVU | DVUs | Cost |
|---|---|---|---|---|---|
| UPS | $300 | $100 | $0.45 | 3 | $0.90 |
| FedEx | $500 | $0 | $0.40 | 5 | $2.00 |
| FedEx Int. | $500 | $0 | $0.45 | 5 | $2.25 |
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 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.
Quick Apply for Coverage with U-PIC
Save 50%-90% on shipping insurance today.
Complete the form, and our team will reach out to customize your coverage.
