FedEx Insurance Cost Calculator
FedEx includes $100 of declared-value coverage with most shipments, then charges per $100 above that. This estimator applies the verified 2026 FedEx declared-value schedule: $4.95 per shipment plus $1.65 per $100 (or fraction) of declared value above $100, $0 at or below $100. Enter the declared value, pick the service, and see the fee with a full breakdown. It is an independent estimate, not FedEx’s official pricing; confirm the final number with FedEx before you ship.
The short answer
FedEx includes the first $100 of declared value free, then charges $4.95 per shipment plus $1.65 per $100 (or fraction) of the value above $100. That is the verified 2026 declared-value schedule (it replaced older per-service splits), and it applies to Express, Ground, and Home Delivery alike. A $350 shipment: (350 − 100) / 100 = 2.5, rounded up to 3 units, so $4.95 + 3 × $1.65 = $9.90. A $2,000 shipment: 19 units, so $4.95 + 19 × $1.65 = $36.30. Both are the estimator’s exact outputs. The declared-value ceiling is $50,000 per shipment on Express ($100 for envelopes and paks).
What the estimator computes (and what it does not)
The tool applies the 2026 schedule directly: $0 at or below $100 of declared value; above $100, a $4.95 base plus $1.65 for each $100 or fraction of the value over $100. It shows the free coverage, the chargeable value, the number of $100 units, and each fee line. That is a planning estimate: FedEx revises rates periodically, so use the tool to budget and FedEx’s rate tools for the binding number.
Worked examples (verified against the live tool)
Example 1: a $350 shipment. Chargeable value = $250, which is 3 $100-units after rounding up. Fee = $4.95 + 3 × $1.65 = $9.90. Run it and you will see exactly $9.90.
Example 2: a $2,000 shipment. Chargeable value = $1,900, which is 19 $100-units. Fee = $4.95 + 19 × $1.65 = $36.30. Run it and you will see exactly $36.30.
The verified 2026 declared-value schedule
| Component | 2026 rate |
|---|---|
| First $100 of declared value | Included free (standard $100 limit of liability) |
| Base fee per shipment (value above $100) | $4.95 |
| Each additional $100 (or fraction) above $100 | $1.65 |
| Applies to | FedEx Express, FedEx Ground, and FedEx Home Delivery (one schedule) |
| Maximum declared value | $50,000 per shipment on Express ($100 for envelopes and paks) |
This schedule was verified against FedEx’s published 2026 surcharge materials in October 2026 and replaces the older per-service splits (such as $3.90/$1.50 figures) that circulated earlier. Re-check FedEx’s current rates before shipping because they are revised periodically. A detailed breakdown of the per-$100 schedule with the same worked examples is published at Sage Calculator’s FedEx insurance guide.
What declared value does not cover
Declared value is carrier liability, not all-risk insurance. Common exclusions: inadequate packaging, inherent vice (the item’s natural tendency to deteriorate), acts of God, and prohibited items such as cash. High-value categories like jewelry and art can carry payout caps even when you declare a higher value. Photograph the item, keep the receipt, and keep proof of how it was packed; claims live or die on documentation.
The $1,000 rule: when to skip FedEx declared value
For shipments much above $1,000 of declared value, third-party parcel insurance is usually cheaper than carrier declared-value coverage and often covers more (including some items FedEx excludes). Get a third-party quote alongside the FedEx number whenever the declared value crosses four figures. For a full move rather than a parcel, see our U-Haul cost calculator, for per-unit shipping math the cost per pound calculator helps compare carriers, and the restocking fee calculator covers the return side of e-commerce shipping. More tools live under insurance calculators.
Frequently asked questions
Is FedEx insurance free up to $100?
Yes. FedEx includes $100 of declared-value coverage with most shipments at no extra charge. You only pay for declared value above $100.
How much does FedEx charge per $100 of declared value?
$4.95 per shipment plus $1.65 per $100 (or fraction) of declared value above $100, for 2026. At or below $100 the fee is $0. Rates change, so confirm current pricing with FedEx.
What is the maximum declared value with FedEx?
$50,000 for FedEx Express. Some item categories, such as jewelry and artwork, have lower payout limits regardless of the declared value.
Does FedEx declared value cover jewelry?
Partially. You can declare value on jewelry, but FedEx limits liability on certain high-value items, and exclusions apply. For expensive jewelry, compare third-party parcel insurance before you ship.
How do I file a FedEx damage claim?
File online through FedEx with photos of the damage, the original packaging, proof of value (receipt or invoice), and the tracking number. Keep the packaging until the claim is resolved; disposing of it can void the claim.
Is third-party shipping insurance cheaper than FedEx?
Often, once the declared value passes roughly $1,000. Third-party insurers price per shipment across carriers and frequently undercut carrier declared-value fees while covering broader risks.