The majority of carriers automatically insure your parcel up to $100 if your parcel gets lost.
If your parcel is valued above $100, you have the option of purchasing additional insurance coverage.
You may only insure for the actual value of the contents. In the event your parcel is lost or damaged, you can file a claim. The carrier will require a receipt or invoice reflecting the value of the items before paying the claim.
Most carriers insure up to fifty thousand dollars. The higher insurance value will add to the cost of shipping.