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Why Choose PIP

Why Choose PIP For Third Party Shipping Insurance?

Save Money.

If you are currently insuring packages with UPS, FedEx, USPS or other small parcel or freight carriers, request a quote to see how much you can save by insuring with PIP. The carriers charge the same shipping insurance rates to everyone. The general public pays the same rate as volume shippers. But business shippers pack better, label better and document their shipments better. Parcel Insurance Plan rewards business shippers with the low rates and excellent service they deserve.

Save time in your busy day.

For USPS shippers, there is no need to go to the post office to purchase postal insurance. There is no need to go to the post office to file a claim. File your claim directly with PIP for the full amount. Your invoice and a statement from the consignee is all we need to process your claim. Claims are paid within 7-10 business days of receiving your documents.

For packages shipped via UPS, FedEx and other carriers, we offer many convenient and automated options for your monthly report, no matter which manifest software you use. Simply generate your report and send your payment at the end of each month.

Great coverage.

PIP insures against lost and damaged packages. Domestic coverage insures packages shipped within the US, its possessions, and Canada. International can be included, often at the same low rate as domestic. PIP's international coverage does not exclude any service levels or countries, except where coverage provided by the policy would be in violation of any US economic or trade sanction. The policy does restrict coverage for USPS shipments to Russia.

The policy excludes coins, bullion, loose diamonds or stones, stocks, bonds, currency, deeds, evidence of debt, travelers checks, money orders, gift certificates, calling cards, lottery tickets, or any other negotiable documents. We also exclude any TV's over 25" measured diagonally. We will insure companies shipping electronics, cell phones, jewelry and other items that many other shipping insurance companies exclude.


PIP covers B2B and B2C packages. If you have an online store, PIP can help you save on shipping insurance costs. You can even add shipping insurance to your return labels, making your shipping and returns policy consumer-friendly and improving your shopping cart abandonment rate.

Best Shipping Insurance - Technology, Security, Affordability

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Is shipping insurance worth it?

Discounted shipping insurance coverage for parcels and freight

79% Of online consumers want free return shipping

Customer experience & loyalty

65% of consumers have cut ties with a brand over a single poor customer service experience

See what some of our policyholders have to say:

Our company's experience with PIP has been nothing but positive. The uploading software is extremely easy to work with, the claims process is very clear and efficient, and most importantly, the parcel insurance rates are extremely competitive. R.V. Lynbrook NY

Not many companies offer top notch service and support, and then give you the added bonus of saving you LOTS OF MONEY too! Thank you PIP. P.V. Sonoma CA

(We have) been doing business with Parcel Insurance Plan for years now and we always had and still have been extremely pleased with their services. I do recommend Parcel Insurance Plan to any business which needs insurance protection. M.B. Deer Park NY

Ship with the carrier. Insure with Parcel Insurance Plan.®

File A Claim

Before you file a claim with PIP, with the exception of USPS claims, we recommend you file a claim with the carrier as soon as possible.

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