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What is Parcel Shipping Insurance & Why Do Online Retailers Need It?

What is Parcel Shipping Insurance & Why Do Online Retailers Need It?

E-commerce options provide businesses with an opportunity to capture a wide array of possibilities. However, companies need to be able to deliver products on time and intact in order to maximize these opportunities. That’s where parcel shipping insurance comes in. Using it can provide peace of mind to both e-tailers and their customers. Here’s why.

What is Parcel Shipping Insurance?

You can protect your valuable shipments with shipping insurance. You will not lose money if anything happens to your package, including damage, theft, loss, or more. You can protect your sensitive items, as well as your valuables, with it, no matter where they go. If something goes wrong with your product, you offer the customer a replacement without sacrificing any profits.

Why is parcel Shipping Insurance Important?

Customer satisfaction is imperative in the world of ecommerce. Businesses can struggle to thrive if they do not receive positive feedback. Though it may seem impossible that something could go wrong with shipping, roughly 1% of eCommerce shipments are stolen, and over 5% are damaged in transit. Why play with the odds when you can insure packages inexpensively from the get-go instead?

Why Do Online Retailers Need to parcel shipping insurance?

Online retailers need to ensure that their items are delivered as quickly and safely as possible. Your customers will know when to expect their package when they can track your shipment. When things go wrong, it’s essential to find out where your package ended. To protect yourself in case of damage, loss, or theft, you should have the shipping insurance like InsureShield as an amenity for your customers.

  • Save money: You could incur significant losses if a shipment goes missing or is damaged without insurance, which would outweigh the insurance cost.
  • Peace of mind: Having peace of mind is essential when operating an ecommerce business. It’s one less worry when you have protection from insurance.
  • Eliminate the burden of shipping protection: The insurance company is responsible for shipping protection.
  • Coverage: Your shipping insurance covers the value of your parcel in the event of theft, loss, or damage.

Learn more about the benefits of Parcel Shipping Insurance.

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