The Best Parcel Insurance on the Market in 2024: Comparison and Advice

Louise
October 8, 2024
6
minutes of reading
Comparison of carrier insurance policies

Find our 2025 comparison here

When shipping packages, you may wonder which insurance to choose. It is crucial to choose insurance that offers total protection, a simple process, and, above all, peace of mind. With so many options available on the market, it is often difficult to know which one to choose, and we often think that only the Carrier insurance Carrier and is valid.

In this article, we will compare the main insurance offerings from international carriers, while highlighting the key points to consider.

Points to Consider When Choosing Parcel Insurance

  1. Check Coverage: Make sure that the insurance covers the risks you are concerned about and the types of items you are shipping. Some carriers exclude certain types of items, such as jewelry, watches, or high-tech devices. They know that these products pass through their facilities but refuse to transport and/or insure them.
  2. Pay attention to exclusions: Take the time to read your contract, particularly the insurance exclusions. All insurance policies have limitations, and your goods may well be affected. Certain types of goods are identified as risky by carriers and may be excluded from the terms and conditions of transport and/or the insurance offered.
  3. Compare Rates: Rates can vary significantly from one Carrier another and may not necessarily be linear. Compare rates for different insurance values to find the best deal.
  4. Check Limits : Some carriers have Limits , which means they will not cover items above a certain value.

These four points should therefore be considered before choosing transport insurance to ensure that you are covered if necessary before taking out a policy.

Comparison of Major Carriers

Value
Maximum
Insurable

Minimum Rate
Price for
€100
de Valeur
Price for 10,
,000 € from
Value
Used
Watches,
Jewelry
High Tech,
Phones

Collection Objects
Applied rate
Above €
1,000
The Post Office 1 000 € 2,90 € 4,40 € Non-insurable(Limit €1,000) Yes Yes Yes Yes 1.24%(Limit)
DHL 100 000 € 12,00 € 12,00 € 100 € Not applicable Not applicable Not applicable Not applicable 1,00%
Chronopost 5 000 € 5,08 € 5,08 € Not insurable(Limit €5,000) Not applicable Excluded Excluded Not applicable 1.08%degressive
UPS 40 000 € 2,50 € 3,50 € 100 € Yes No Yes No 1%
Claisy Upon request <1 € <1 € <75 € Yes Yes Yes Yes <1%

Analysis of Offers

  1. La Poste: La Poste offers insurance with a Limit €1,000, which may be restrictive for high-value items. In summary, the rates can be considered relatively low, but the coverage is restrictive and limited.
  2. DHL: DHL offers insurance with a maximum insured value of €100,000, which is the highest offered by carriers. However, it should be noted that the rates are also higher, with a minimum rate of €12 even for shipments valued at less than €1,000.
  3. Chronopost : Chronopost insurance with a Limit €5,000, which is higher than La Poste but still limited. Rates are in line with the average offered by carriers, but be careful with the products you ship. Certain items such as jewelry and high-tech devices are excluded.
  4. UPS: UPS offers various insurance options with its partners, with a maximum insured value of €40,000 (or $50,000). Rates are competitive, but certain items such as jewelry and collectibles are not insurable. However, be aware of the insurance rates for smaller amounts, as the minimum rate is €9.75.
  5. FedEx: FedEx will no longer offer insurance directly from France for individuals in 2024.

Why Choose Claisy?

Aftercomparing the various contracts and value propositions, we can see that Claisy stands out thanks to several advantages:

Competitive Rates

Claisy stands out in this regard and offers competitive rates: a minimum rate of less than €1 and a rate of less than €75 for a value of €10,000.

(Almost) unlimited coverage

Claisy insures most items that are transported. By "most," we mean everything that is authorized by carriers, as well as second-hand and reconditioned items, watches (Patek Philippe, Rolex, Hublot, Audemars Piguet, etc.), jewelry, leather goods (Hermès, Chanel, Louis Vuitton, etc.), high-tech devices, phones, and collectibles or items with expert-determined value. If you still have questions, feel free to check our Terms and Conditions or contact us directly. You will see that we do not cover unprocessed raw materials or tobacco, for example.

Speed of Reporting and Compensation

One of the main advantages of Claisy is the speed of its compensation process. In the event of loss or damage, Claisy will compensate you quickly without you even having to contact the Carrier most cases. This speed allows you to keep your customers satisfied and minimize disruption to your business.

Transparency 

Claisy insuranceis invisible on your package and to the Carrier. It therefore does not attract unwanted attention.

Your Customer Satisfaction

By choosing Claisy, you guarantee a secure and satisfactory delivery experience for your customers and yourself. Invisible protection for the Carrier the customer, but peace of mind for you and an unblemished customer experience in all cases. Claisy's comprehensive protection and rapid compensation contribute to customer satisfaction and loyalty, even in the event of an incident during transport.

Conclusion

Whenlooking for the best parcel insurance on the market, it is important to compare offers and check the four main points of attention: coverage, exclusions, rates, and Limits . These four criteria are relevant regardless of the type of insurance you are looking for. Claisy has chosen to distinguish itself on these five points and has decided to add the simplest customer experience on the market. Claisy has therefore focused on its competitive rates, extensive coverage, fast claims process, simple customer journey, and the satisfaction it brings to recipients. By choosing Claisy, you minimize transport risks and maximize the security of your shipments, while offering peace of mind to your customers.

Contact us today to learn more about our solution and protect your shipments and customer satisfaction.

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