When you are shipping certain types of items, you might want to consider getting parcel and package insurance that will cover the costs of those items if they get lost or stolen during their transit to their destinations. This is especially important if the items that you’re shipping through the mail are of a high value and would pose a significant monetary loss if they didn’t reach their destination. Although most shipping carriers offer insurance with their services, their insurance might not always be the most cost effective insurance routes to take.
Sometimes a third party insurer might offer the best rates for insuring the packages that you want to ship through the mail. There is no rule that requires that you get your packages insured through the shipping carrier that you choose to ship them. Oftentimes, you can ship with a major carrier and get your parcel insured by a third party parcel insurance company at a fraction of the cost that it would cost you to get your parcel insured by the major carrier.
Moreover, just like major shipping carriers have different types of insurance plans to suit different customers’ needs, so do third party insurance companies. If you ship thousands of packages per year, there are plans to accommodate such high volumes of shipments with insurance. However, if you only need insurance for one package, then there are one-time insurance rates to accommodate just the one package. No matter what your shipping insurance needs, you should be able to find an insurance plan that meets your needs through a third party source.
Finding insurance for your packages from a third party source is easier than every nowadays thanks to modern technology and the innovativeness of the Internet. Now, you can find numerous companies online that allow you to purchase the third party insurance that you need for your packages online. Additionally, those companies that allow you to purchase their insurance online will usually allow you file any claims that you need to file online as well. Being able to conduct business online in such a manner oftentimes expedites the process and makes it easier and more convenient for you to take care of your shipping and insurance needs.
Regardless of what you’re shipping, if it’s of any value, it’s a good idea to get it insured. However, if you don’t want to pay the high rates that the major carriers set forth, you can opt to get shipping insurance from a third party company.