UPS Insurance Policy with WooCommerce UPS Shipping plugin

This article will help online store owners understand the UPS insurance policy better, which will ensure that their packages are in no danger even if something bad happens. Moreover, this article will cover how using the WooCommerce UPS Shipping plugin will help store owners insure their packages.

UPS is one of the most trusted shipping services in the world. When it comes to shipping packages, it covers both domestic and international shipping. However, vulnerabilities are part and parcel of shipping. There can be mishappenings due to which the package can be delayed or damaged. In the worst-case scenario, the package can end up at the wrong address. It is due to these vulnerabilities that there is a dire need to insure your packages.

So first, let’s take a quick look at the UPS Insurance Policy.

UPS Insurance

According to UPS, “UPS is liable for loss or damage, at no extra cost, for up to $100.00 for each domestic package, international shipment, or pallet in a UPS Worldwide Express Freight® shipment, on shipments with no declared value. If the value of your goods exceeds this amount, you can declare up to $50,000 per package or $100,000 per pallet (subject to terms and conditions) by entering the declared value when you create a shipment on ups.com and paying an additional charge. Certain domestic packages are eligible for the enhanced maximum declared value of $70,000, subject to restrictions set forth in the UPS Tariff/Terms and Conditions of Service.  Please note that these amounts are in U.S. dollars.“

It is advised to read the UPS terms and conditions properly in case of any claims. You can check out UPS terms and conditions by clicking on the link here.

Declared Amount

It is clear from the above section that UPS provides $100 insurance per package. However, if the package is worth more than $100, store owners can declare that amount and send it to UPS. This option to send some declared value is not free-of-cost. UPS charges a small amount to its customers to have this option on their UPS Account. Once done, all store owners have to do is mention the declared amount while selling it and then send it to UPS. We will be discussing it in detail in the following section.

Set Custom Declared Value

To enable this feature and set a custom declared value go to the product’s edit page, enter the Declared Value → Save, as shown in the image below.

Note: The declared value must be less than or equal to the product price.

When the customer adds the product to the cart, the insurance value appears in the debug logs as shown.

Insurance for Multiple Products

For Multiple products you need to enter the declared value for each in the product page as shown below.

The below image shows the combined insurance for two products with custom-declared values of $150 and $2, respectively.

Conclusion

Shipping high-value items involves certain risks, like damage, loss, or misdelivery. To minimize these risks, setting a declared value ensures your shipments are covered beyond basic protection. With the WooCommerce UPS Shipping Plugin, you can easily assign custom declared values to each product right from the product page. This makes it simple to insure your packages accurately, whether you ship locally or globally.

For WooCommerce store owners, using declared value through the plugin is an effective way to protect your shipments and maintain a reliable customer experience.

Need help with the plugin? reach out to PluginHive Support.