insurance for packages is an important consideration when shipping valuable or fragile items. Many shipping carriers, including USPS, UPS, FedEx, and DHL, offer insurance options that protect the value of a package in case it is lost, damaged, or stolen during transit. The cost of package insurance typically depends on the declared value of the item being shipped. For high-value shipments, purchasing insurance ensures that the sender can recover the cost of the item in case of an unfortunate incident.