shipping insurance on firearms.

[ke6guj]

it has been mentioned that UPS and Fedex don't really offer insurance on shipments, that you are paying them additional money due to the "stated value" but that you aren't purchasing insurance. It has been claimed that it is rare to get Fedex to pay out on a claim.

I mentioned that I have shipping insurance through my Firearms insurance plan and was request to make a new thread about it.

I haven't personally used it but it is in my Policy from Collectibles Insurance Services. In it, it has the following limits:

$25,000 for "Class 1 - Signatured Required Shipment sublimit (Registered Mail, Express Mail, Fedex, and other carriers except UPS)"
$10,000 for "Class 2 - Signature Required Shipment sublimit (USPS Insured, Certified and Signature Confirmations Mail and UPS)"
$200 for "Class 3 - No Signature Required Shipment sublimit (USPS First Class, Priority Mail, Air Mail, Global Priority Mail, Parcel Post, Bound Printed Matter, Media Mail (Book Rate))"


I should call them to see if the shipping insurance covers incoming firearms accessories as well as just firearms (the policy covers firearms and firearms equipment including ammo). not sure when they consider it to be "my covered items", is that at time of purchase from the vendor or once it makes it to my door. Same goes for outgoing sales. I assume that its mine until it makes it intact to the buyer (or the buyer's FFL), but since I don't sell anything, it hasn't been a concern.


I assume that the other Firearms insurance companies, such as Historic and Core-Vens, offer similar shipping insurance with their Polices.

[Ritchie8719]

it has been mentioned that UPS and Fedex don't really offer insurance on shipments, that you are paying them additional money due to the "stated value" but that you aren't purchasing insurance. It has been claimed that it is rare to get Fedex to pay out on a claim.

Surprising to hear.

UPS's liability for loss or damage is limited to US$100.00 on shipments with no declared value. If the value of your goods exceeds US$100.00, you can declare a higher value, up to US$50,000.00 per package,

It isn't called insurance, but isn't it?

[ke6guj]

Surprising to hear.



It isn't called insurance, but isn't it?

I have seen posts on many forums about that exact subject how it really isn't insurance but they make you think it is. I haven't fully researched it but it is nice to know if you have a firearms insurance policy, that it might have shipping insurance already included in your policy for "free".

[Ritchie8719]

Gotcha.

Never had a claim so am not expert.

[44fred]

ke6gui
Thank you so much! I pray everybody picks up on this.
I'm in a service business and deal with car dealers, body shops, tire stores, insurance companies and some retail customers. We fix automobile wheels. Sometimes those wheels need replacing and sometimes need remanufacturing.
We use FedEx exclusively due to pricing and reliability. Once in a blue moon, a wheel gets damaged in transit. I even had one lost for almost two months. It has never ever been due to our packaging and FedEx admitted it.
Keep in mind, I need that wheel like yesterday. Buy the time FedEx does an investigation it's way, way too late and I end up taking the hit.

[zonzin]

I just shipped a rifle via USPS. No problem getting insured for 800$. Only cost a few bucks.




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