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Just like you shouldn’t judge a book by its cover, don’t let the generic packaging of certain shipments fool you. Luxury items are all around us, traveling in packages through all of the major carriers’ networks every day! This said, there’s only one clear carrier choice for shipping high-value items, and you’re about to find out why.
Table of Contents
- UPS is the Best Carrier for Shipping High-Value Items
- Parcel Pro (a UPS Capital Company) Insures Shipments up to $200,000 in the US
UPS is the Best Carrier for Shipping High-Value Items
For shipping high-value items, look no further than UPS. Why, you might ask? The answer is simple: UPS allows you to insure shipments with a declared value up to $50,000. That’s right—50 grand, 50 large, 50 big ones. Considering that most insurance partners who work with USPS and FedEx only provide coverage for up to $5,000 per shipment, UPS blows every other competitor out of the water.
Pro Tip: If you’re sending an item worth thousands of dollars, you must always protect your package with proper shipping insurance, in the event that it goes missing or arrives damaged.
Parcel Pro (a UPS Capital Company) Insures Shipments up to $200,000 in the US
If you’ve got an item worth more than $50,000, UPS can still cover you. To specifically service customers shipping ultra high-value items, UPS Capital acquired a company called Parcel Pro. As an official subsidiary of UPS, Parcel Pro will cover shipments up to $200,000 within the United States. They also combine the cost of insurance with the cost of transportation, so the total charges are easy to understand and manage. Lastly, if you think it’s time for your high-end retail business to embrace the world of eCommerce, Parcel Pro even offers an API solution to integrate with your website!
Note: for select international destinations and US territories, Parcel Pro will insure packages up to $100,000 on a case-by-case basis.
Want to learn more? Check out the Parcel Pro website.
Author’s Note
The above photo in this article is simply an example of an expensive piece of jewelry to illustrate a larger point; in this case, an engagement ring. This said, we do not suggest that you ship an engagement ring—not even with UPS or Parcel Pro. If the ring is worth less than $200,000, you can technically use UPS or Parcel Pro to ship it…but, in our opinion, some once-in-a-lifetime things are better left for in-person experiences.
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Felicia
Do you recommend UPS or PARCEL PRO to transport rare coins or de suggest a different transport carrier?
Linda
Hi Rockwell – we will be using a warehouse or fulfillment center. We haven’t launched yet but I’m guessing the sweaters should be between $500 and $1000. We’re trying to provide a luxury user experience so is there any delivery service that offers something that’s a notch above everyone else?
Linda
Hi Rockwell – If I’m starting a luxury apparel brand shipping high end sweaters (not quite as expensive as diamonds), what kind of full-service shipping can I offer that ensures the customer gets the package in their hands? Are there services that contact the customer to see what time they’re home? Any options along those lines? Thank you!
Rockwell Sands
Hi Linda – a couple of questions: Are you fulfilling the items yourself? And what’s the typical value of one of these sweaters?
To be honest, every shipping carrier will run into some margin of error…so the best way to go about it so to protect yourself as much as possible while keeping label costs low. Sweaters are lightweight, so you’ll likely get the lowest rates with USPS, and you can use shipping software to buy your labels at the cheapest rates possible. This is the software I use for my lightweight shipments. Depending on how much your sweaters are worth, you may not be able to insure them unless you use UPS, though (anything over $5000, for instance).