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No Insurance with FEDEX as of 11/01

Just a heads up if it’s not known already, as of November 1st 2021 FedEx does not offer insurance on shipments. I was sending out a piece of gear today and was told that I would have to obtain 3rd party insurance if I wanted my shipment covered for lost/damage. 
Does anyone have recommendations on who to insure gear with?? 
128x128jl1ny
jl1ny's avatar
jl1ny OP
419 posts
 
Some clarification: “What Changed In FedEx Insurance Rates In 2021 | FedEx offers insurance cover for parcels that are worth $100. If the value of the parcel is worth more than $100, you will have to declare its value and pay for additional coverage before FedEx ships it.” 
sns
3,380 posts
 
Whoa! Who said this? I just did search on this issue, nothing I can find. I hope this isn't one of those misinformation campaigns.
sns
3,380 posts
 
Ok, didn't see your clarification prior to my first post. Ok, whats new, we always pay for insurance above some value. can't recall prior value, if this is new maximum for no extra charge.
jl1ny's avatar
jl1ny OP
419 posts
 
@sns

I went to FedEx to ship a piece of gear today with $1500 insurance. They told me that as of Nov 1st they no longer insure items. Each package is covered by $100 loss/damage that’s it. If I wanted the $1500 I’d have to obtain the insurance from a 3rd party before it’s shipped.
builder3
766 posts
 
FedEx is a train wreck, here. When packages sit in one place for a week or more, insuring them is likely problematic. Then again, so is raising your rates when it takes 2 weeks to ship a package 1000 miles.
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