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Q&A for How to Insure Valuables Shipped by Mail
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QuestionWhat kind of protection do I get when I insure a package?DonaganTop AnswererOnly the assurance that you'll be compensated monetarily for the declared value of the insured item should it be lost or damaged.
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QuestionHow can I find a courier with add-on insurance?Community AnswerAlmost all carriers offer add-on insurance. You'll have to call or check online to see the maximum insured rate.
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QuestionCan you insure cash if it is sent internationally?Community AnswerIt is not a good idea to send cash by mail and cash cannot be insured in the mail, either domestically or internationally. Instead, send money orders or a personal check, both of which can be insured.
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QuestionCan a $200,000 item be mailed USPS and be insured?Ryderbishop1Community AnswerNo, the max value is $5000 for USPS. You would have to use a courier, although it could be difficult to find one that would insure for that much.
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