UPS provides maximum liability coverage for shipments up to $100 in value. This coverage is called "Declared Value". Items that are worth $100 or less can be claimed for up to that amount if they result in a lost, stolen or damaged shipment.
For shipments without a declared value, UPS' maximum liability is $100 for damages or losses at no cost.
For shipments valued over $100, you can declare the value of the item higher at the time of the transaction. You will pay an additional charge for declared value for that amount. If you do not declare a higher value, your maximum reimbursement for the item is $100.
Declared Value covers the item value only. It does not include packing materials or shipping costs unless your item was packaged and shipped at a UPS store. Packages processed at a UPS store that resulted in a loss or incurred damage can receive the full declared value of the shipment and materials that was stated at the time of the transaction.
UPS Declared Value in ShippingEasy:
You can declare a higher amount through UPS for your packages on the READY TO SHIP page.
- Choose the Add Insurance option on the READY TO SHIP page and select "UPS Declared Value" from the dropdown.
- Enter the amount you wish to declared in the box next to Insure to the Value of $ and then click Update.
- This will increase the cost of your shipment - the Fees line in the shipment rate quote will reflect the UPS estimate for the Declared Value coverage.
NOTE: For multi-box shipments, the UPS Declared Value is applied to each box in the shipment. Example: if you specify $150 as the Declared Value and there are three boxes in the shipment, then the declared value for each of those boxes is $150, not $50 per box.