Declared Value Insurance is an optional add-on that protects the contents of a shipment against damage or loss. The premium is 1.5% of the declared shipment value.
If a covered shipment is damaged or lost, Pony Express compensates the customer up to the declared amount, giving added peace of mind for higher-value parcels sent through any of the courier’s delivery tiers.
What's good
- Transparent 1.5% of declared value premium
- Compensation up to declared amount
Trade-offs
- Adds cost to each protected shipment
- Compensation capped at declared value
