Parcel Insurance Plan is a third-party shipping insurance provider. Shipping insurance covers your company’s packages in the event that they are lost or damaged while in transit. Packages can be shipped via UPS, FedEx, USPS and other freight or small parcel carriers. Instead of insuring directly with the carrier, choose PIP for your package insurance needs. We offer low rates, exceptional customer service, and claims are paid in 7-10 business days. Our international coverage has no country restrictions except Russia. To qualify, your company must have insured packages over $100 in value on a daily basis or spend at least $1000 annually on declared value charges.
Since 1966, PIP has saved companies, such as yours, literally thousands of dollars in shipping insurance costs!
We offer deeply discounted package insurance rates compared to Declared Value coverage purchased from UPS, FedEx, USPS and other small parcel or freight carriers.
Since its inception, Parcel Insurance Plan has been underwritten by Fireman's Fund, one of America's largest and most financially secure insurance companies. Fireman's Fund is rated "A" Excellent by A.M. Best. No other provider of third party insurance has had as long a relationship with such a strong insurance company.