Many people do not know much about using insurance for the US Postal Service. Most of them do not know that the United States Postmaster General has a collection of insurance policies available for the USPS. If you are a US citizen and if you have a US postal address, you may want to review these policies before you choose an insurance company.
The USPS has insurance plans in place which cover a variety of items. They are provided to protect against theft, damage, loss, and legal expenses.
The US Postal Service does not insure mail itself but they insure packages and letters. They insure only letter mail or packages that are mailed through the US Post Office or which are addressed to a US address. This means if you have a regular job and mail is sent to you and to your regular addresses by private couriers or you own a business and mail is sent to you by courier, you are not insured by the USPS.
When you get an insurance policy from the USPS, you are insured for damages that occur due to a person not handling your mail properly or through negligence on the part of the courier. You will be covered under a General Duties Insurance Policy, a Parcel Postage and Insurance policy, a Mailpiece Insurance Policy, a Commercial Insurance Policy, a First-Class Mail Insurance Policy, a Mail Forwarding Insurance Policy, and a Special Mail Insurance Policy.
When an individual or business is sued by a customer, it can cost a lot of money and can also cost the business a lot of legal fees. In some cases it can even mean having to liquidate the business. Legal fees can sometimes run into thousands of dollars.
When you purchase an insurance policy from the USPS, you will get coverage for all costs associated with being sued. You will also be covered for damages due to flooding, fire, vandalism, storms, and animals. You will also receive coverage in case a member of the public is harmed or lost their mail.
When you apply for insurance from the USPS, you will need to complete a form which will include information such as your name and address, what type of mail you use, whether you use two-way mail, and a detailed description of the type of service you use to send and receive mail. Your application will also need information about your business, what type of products or services you provide, and where you have your mail service center.
Most insurance companies offer the ability to choose from different levels of protection so you can be sure that you are getting the insurance that you need. from the right source. Some companies even offer discounts for various reasons.
Always check with your insurance company before you make your final decision. If you have any questions, they will be glad to answer them for you. They will also be able to answer any questions you may have about the terms of the coverage that you are purchasing.
Be sure to ask any questions regarding the policies to the USPS. They are always willing to help you if you ask the right questions.
When you purchase an insurance policy from the USPS, you should also make sure that you do not exceed the amount of coverage you have purchased. This will keep you from having to pay more than you have to for damages which might arise from an accident that you or your business may have caused.
In addition to providing for your mail service centers, the United States Post Office will also be able to provide you with emergency assistance in many situations. If you get an insurance policy from them, they will help you recover from any claim you might have with regards to damaged mail. You should also make sure that your business does not take advantage of people who have no insurance, so that your personal mail is protected at all times.
