are fedex packages insured are generally insured up to a certain value for no extra charge, depending on the type of service chosen. FedEx offers a limited liability for lost or damaged packages, but this amount is typically lower than the value of many shipments. Additional shipping insurance can be purchased if the package is valuable or contains fragile items. FedEx’s insurance coverage and policies can vary based on the service level, so it’s important to check the details before shipping.