are ups packages insured

are ups packages insured? Yes, UPS offers insurance for packages, but it’s important to note that insurance coverage is not automatically included in the basic shipping cost. When shipping with UPS, customers can purchase additional insurance for their packages based on the value of the items being shipped. UPS insurance protects shipments in case of loss, damage, or theft during transit. The cost of insurance is typically a small percentage of the declared value of the shipment, and coverage limits vary depending on the type of service used.