FedEx Insurance

FedEx insurance: cost, cover and the £750 valuables limit

Is my FedEx package automatically insured? Not really. Every FedEx shipment comes with a basic level of liability, but FedEx does not automatically insure your package for its contents. Without a declared value, FedEx's liability is limited to the applicable convention amount: for international air the Montreal Convention caps it at 22 SDR (about £24) per kilo, not the value of what's inside. So a FedEx parcel is only covered up to a weight-based limit, and rarely for its real worth.

How much does FedEx insurance cost? FedEx insurance is really declared value for carriage (FedEx sets it in US dollars). In the UK it works out at roughly 0.9% of the value you declare, about £8.80 for every £1,000 of cover. That is around £18 on a £2,000 parcel and about £44 on a £5,000 one. No FedEx insurance cost calculator needed.

But there's a catch no FedEx rates page makes obvious, and it is about limits, not price. FedEx classes a long list of valuables as 'Unique Items' and caps its liability on them at about £750 per shipment, no matter how much you declare. Per FedEx's own Conditions of Carriage this covers jewellery, watches, precious stones and metals, art, antiques, furs, collector's items, musical instruments, important documents, smartphones, smartwatches, tablets, laptops, screens and memory cards. So even the maximum FedEx insurance leaves a £6,000 watch covered for about £750.

FedEx is built for speed, with express and time-definite services that reach most destinations in just a few days. Because its premium options are delivered against a signature, they work seamlessly with Secursus cover: you ship your parcel with FedEx as usual, then add Secursus insurance to protect its full value in transit. It is a simple way to keep FedEx's speed while insuring what your parcel is truly worth.

How much does FedEx declared value cost?

FedEx charges its declared value in US dollars, which works out at roughly 0.9% of the value you declare, about £8.80 per £1,000 of cover. Here is what that adds up to. Remember: on Unique Items, cover is still capped at about £750 whatever you pay.

FedEx cover and limits at a glance

FedEx compensation depends on declared value and convention limits, and it excludes several situations entirely. Here are the key official limits from FedEx's UK Conditions of Carriage.

Why insure your FedEx parcel with Secursus?

Secursus is dedicated parcel insurance that covers your FedEx shipment and its contents at full value, up to £90,000 per parcel, including the very valuables FedEx caps at about £750.

Whether you insure your FedEx parcel nationally or internationally, you probably already know that most carriers' cover is limited and excludes valuables and high-risk items. When you compare carriers, you quickly notice that many, like UPS insurance, apply strict caps: UPS only covers watches up to £400, rarely enough for high-end or luxury pieces. Secursus, by contrast, insures almost every item another carrier would normally reject.

Secursus insures 99% of goods sold online, even the riskiest: watches, jewellery, phones, laptops and collectibles. We cover your item at its real value, with no hidden fees or excess. With our shipping insurance you never disclose your parcel's value to the carrier (except for customs), so handlers cannot tell a valuable is inside. And if something goes wrong in transit, our team manages the whole claim and gets you a fast payout.

Claim management

Secursus runs a genuinely helpful after-sales service. Our online claims platform guides you through each step, and we aim to pay compensation for a lost or damaged FedEx parcel within 72 hours of receiving all valid documents, and within 30 days maximum.

Coverage

Our cover goes up to £90,000 per parcel and includes the items FedEx caps or turns away, such as watches, jewellery, high-tech and phones, reimbursed at their full declared value with no depreciation.

Safety

If your FedEx parcel is delayed or something goes wrong in transit, open a claim with FedEx first. If needed, we'll gladly help you obtain proof of loss or damage from the carrier.

FedEx is one of the very best carriers for shipping quickly. The catch is cover: its liability stops at about £750 on anything valuable, which is exactly where a top-up policy like Secursus steps in.

Why is FedEx one of the best carriers in the world?

FedEx is a very reliable carrier across the United States, Europe and Asia.

FedEx is a transport company built for imports, exports and shipments of every kind, national or international, from documents to parcels.

FedEx covers more than 220 countries and territories, with next-day, express and time-definite options for almost any deadline. A world leader in international delivery, it runs one of the largest cargo air fleets in the business and handles around 16 million shipments on an average working day.