{"id":16235,"date":"2026-02-27T17:27:55","date_gmt":"2026-02-27T17:27:55","guid":{"rendered":"https:\/\/westernbid.com\/%d0%b1%d0%b5%d0%b7-%d0%ba%d0%b0%d1%82%d0%b5%d0%b3%d0%be%d1%80%d1%96%d1%97\/is-it-possible-to-insure-the-package\/"},"modified":"2026-07-13T07:07:43","modified_gmt":"2026-07-13T07:07:43","slug":"insurance","status":"publish","type":"post","link":"https:\/\/westernbid.com\/en\/knowledge-base\/insurance\/","title":{"rendered":"Is it possible to insure the shipment?"},"content":{"rendered":"\t\t
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\u00a0<\/p>

Western Bid Parcel Insurance<\/strong> \u2014 this is a financial instrument for protecting the seller’s interests, which guarantees full reimbursement of the cost of the goods and shipping expenses in the event of confirmed loss of the shipment by the postal service. The service is provided at the minimum rate \u2014 just 1% of the total value of the shipment, which allows exporters to minimize business risks when operating in the US, Europe, and Asia.<\/p><\/blockquote><\/section>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t

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As online shopping becomes more popular, so does the risk of losing valuable shipments during delivery. This is where parcel and postal shipment insurance comes in.<\/p>

You can learn more about the different delivery options at the following links:<\/p>

– UPS Express<\/a>
–\u00a0<\/span>FedEx Delivery<\/a>
–\u00a0<\/span>Nova Global Delivery<\/a>
– Nova Poshta International Delivery<\/a>
–\u00a0<\/span>Delivery to Europe from Ukraine via DPD<\/a>
–\u00a0<\/span>Consolidation Plus Delivery<\/a>
–\u00a0<\/span>Consolidation Direct Delivery<\/a>
– Consolidation Optimum Delivery<\/a>
–\u00a0<\/span>Western Bid Fulfillment Center in the USA<\/a><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t

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Why is parcel insurance necessary?<\/h2>\t\t\t\t<\/div>\n\t\t\t\t
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No one is insured against unforeseen situations that may arise during the transport of cargo. Loss or theft of parcels are real risks that can turn into significant financial losses for shippers and recipients.<\/p>

Parcel insurance provides protection and compensation for losses that occurred during the delivery process.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t

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Advantages of shipping insurance<\/h2>\t\t\t\t<\/div>\n\t\t\t\t
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Loss coverage:\u00a0<\/strong>In the event of loss of the shipment, the insurance company will reimburse the value of the goods or part thereof, which provides the sender and recipient with full confidence in the safekeeping of their property.\u200d<\/p>\n

Conflict resolution:\u00a0<\/strong>Parcel insurance helps reduce conflicts between shippers and carriers, as insurers ensure fair consideration and compensation in case of losses, which helps maintain trust in the parcel delivery market.\u200d<\/p>\n

Enhanced reputation:<\/strong>\u00a0For online stores and commercial platforms, offering parcel insurance is a sign of care for customers and can significantly boost their reputation, attracting more trust from buyers.\u200d<\/p>\n

Increased buyer confidence:<\/strong> When customers know that their orders are protected by insurance, they shop more confidently, which contributes to higher sales volumes and increased loyalty.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t

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How much does insurance cost?<\/h3>\t\t\t\t<\/div>\n\t\t\t\t
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Western Bid offers its clients the option to insure parcels for 1% of the total value of the shipment.<\/p>

The total value of the shipment is<\/strong>:<\/p>