Although e-commerce looks like a convenient and easy to start business opportunity, there is one obstacle which you need to take care of. Without a physical store, you cannot hand over your product directly to your customer.
In other words, you need to find a shipping carrier for that. Even if you choose to work with a trustful shipping company like USPS, there still might be some hiccups. For example, weather conditions, possible damages during a shipment or missing pieces. In other words, accidents happen to the best of us and even the most established shipping carriers are not insusceptible to them. To assure sellers and their customers USPS insurance was created and in this article, we will explain how it works.
As mentioned before accidents happen, and all you can do about it is to prepare your parcel for possible damage. That is why all of the most prominent shipping carriers have an insurance option to avoid the consequences of unforeseen incidents. Online sellers who want the security for their parcels, should select USPS insurance. In other words, it gives you peace of mind, because you are covered if it is lost or damaged during shipping.
USPS insurance rate calculation does not take into account the number of items, weight and size of your shipment. It is based on the total value of your shipment. It is the most effective way to calculate the cost of immunity from damages.
Basically, it is a small percentage of the whole shipping price. Besides that, USPS insurance also includes delivery confirmation. This prevents you not only from damages, but also from getting scammed by false claims.
First of all, USPS insurance protects online sellers from parcel damage during a USPS transit. In other words, it helps you recover from the loss, that might happen due to an accident, bad weather conditions, etc. For example, you have an order of vintage books, and in the delivery point, your customer informs you that there is irretrievable damage caused by rain. Without USPS insurance you might end up paying a heavy price to refund your customer. Insurance will cover losses that occurred in USPS transit – to a point.
Another major risk which could happen during a shipment is missing items. Just imagine, how busy one of the most popular shipping carriers is, in the holiday season. Despite the fact, that they claim to keep everything in order, USPS is filled with parcels. Additionally, it can cause some parcel distribution errors. USPS insurance guarantees to pay back for the item as soon as possible.
First of all, as an online seller, you should already be aware of the way to fulfil orders in the most efficient way. Using a shipping management software like Multiorders, helps you process shipments four times faster. Because of integration with USPS you get the possibility to ship with USPS insurance. All you have to do is click on the USPS logo and then choose the option to send with insurance. That is a cost-efficient way to protect your parcels, by also getting all the other benefits: