Shipping insurance is a type of coverage that protects the value of goods while they are in transit. If items are lost, damaged, or stolen during shipping, this insurance can help cover the costs of replacement or repair. It is often offered by shipping companies or can be purchased separately. Many businesses and individuals choose to buy shipping insurance to safeguard their investments. The cost of shipping insurance typically depends on the value of the items being shipped and the shipping method used. This added protection can provide peace of mind when sending valuable packages through services like UPS, FedEx, or USPS.