Reply from ShippoMar 4, 2024
Hi David,
Thanks for leaving us a review. We’re really sorry to hear about your discontent with our new insurance terms. We understand that a 25% deductible for certain items may seem significant. This policy, however, helps us keep the program sustainable for all Shippo users so we can continue providing our merchants with the best shipping insurance that's comprehensive, easy, and affordable.
For clarity, for domestic shipments, insurance for your package only costs 1.25% of your order's total value. For international shipments, insurance costs 1.5% of your order's total value. To put it into perspective, if your order is valued at $500, you would only pay $6.25 or $7.50 to insure your package. In the event that your package is lost, damaged, or stolen and you have an approved claim for the full value of your item, you would receive a reimbursement of $375, in addition to the value of your shipping label.
If you have any questions around this, please feel free to reach out to [email protected] and we'd be more than happy to help.
Thanks,
Shippo Support