shipandinsure.com

What It Is

ShipAndInsure.com is a privately held U.S. provider of parcel and freight shipping insurance. It focuses on offering lower rates than carrier-provided insurance, with the official website claiming savings of up to 60% on shipping insurance. It is not an e-commerce platform or a logistics carrier; rather, it provides insurance coverage for shipments sent by sellers via FedEx, UPS, USPS, DHL, and certain freight channels, with particular emphasis on high-value goods such as art, coins, jewelry, and collectibles.

Core Features and Pricing

Rates are calculated per $100 of insured value and vary by carrier and service type. For example, USPS Registered is $0.11, FedEx Overnight services are around $0.18-$0.20, UPS Ground is $0.26, and Domestic Freight is $1.35. The minimum charge per shipment is $1.50. Maximum insured values vary by service, ranging from $5,000 to $75,000; coverage above $75,000 may be requested in advance for underwriting approval. The text also mentions shipping discounts through FedEx Advantage Discounts and FedEx One Rate, though eligibility depends on meeting membership requirements.

Markets, Fulfillment, and Claims

Coverage areas include the United States and its territories, Canada, and a list of approved countries. Shipments generally must originate from the United States, and inbound packages require prior approval. Coverage requirements are fairly strict: the recipient must sign for delivery, and coverage does not apply if the package is released without a signature. Envelope-type shipments are not covered. For claims, users must first notify the carrier, then submit a claim online and upload supporting documentation. Once all materials are complete and a notarized proof of loss has been submitted, payment is typically made within 10 business days.

Pros, Cons, and Who It’s For

The main advantages are transparent pricing, suitability for high-value items, broad carrier support, and relatively detailed claims instructions. The drawbacks are that users must belong to a designated organization or be NACA members, international destinations are limited to an approved list, and the requirements for packaging, signatures, and documentation are relatively demanding. It is best suited to U.S.-based sellers, collectibles dealers, art and jewelry e-commerce businesses, and merchants who frequently ship high-ticket items and are willing to follow the insurance process carefully.

Access from China and Alternatives

The source text does not provide information about access from mainland China, Chinese-language support, or Chinese payment methods, so its availability from China is unknown. If Chinese sellers mainly ship from China, the service’s “U.S.-origin” requirement will significantly limit its usefulness. Alternatives may include local cross-border logistics insurance, carrier-declared value coverage, freight forwarder insurance, or third-party shipping insurance designed for cross-border e-commerce.