Registered mail insurance fees
The cost of registered mail insurance fees varies depending on the country, weight, and value of the item being sent. Here are some general guidelines on the insurance fees for registered mail in the United States, Canada, and the United Kingdom:
United States:
- USPS (United States Postal Service) offers insurance coverage for registered mail up to $5,000.
- The insurance fee is calculated as a percentage of the declared value of the item:
- 1% of the declared value for items up to $100
- 2% of the declared value for items between $101 and $500
- 5% of the declared value for items between $501 and $5,000
- For example, if you declare a value of $1,000, the insurance fee would be $20 (2% of $1,000).
Canada:
- Canada Post offers insurance coverage for registered mail up to $5,000.
- The insurance fee is calculated as a percentage of the declared value of the item:
- 1% of the declared value for items up to $100
- 2% of the declared value for items between $101 and $500
- 5% of the declared value for items between $501 and $5,000
- For example, if you declare a value of $1,000, the insurance fee would be $20 (2% of $1,000).
United Kingdom:
- Royal Mail offers insurance coverage for registered mail up to £2,500 (approximately $3,300 USD).
- The insurance fee is calculated as a percentage of the declared value of the item:
- 1% of the declared value for items up to £100
- 2% of the declared value for items between £101 and £500
- 5% of the declared value for items between £501 and £2,500
- For example, if you declare a value of £1,000 (approximately $1,300 USD), the insurance fee would be £20 (2% of £1,000).
Please note that these are general guidelines and insurance fees may vary depending on the specific postal service, country, and item being sent. It's always best to check with your local postal service for the most up-to-date information on insurance fees and coverage.