About Parcel Insurance Plan
About Parcel Insurance Plan • We are your shipping partner • 800-325-7390
Why Choose Us? • Rates • Claims • Coverage • Stability • Testimonials • 800-325-7390
Parcel Insurance Plan was founded in 1966 with the mission to provide dramatically lower-cost package insurance to business shippers, while offering superior customer and claims service. PIP has been owned by Brown & Brown Insurance, the world's 7th largest insurance brokerage, since 2001.
Today, thousands of businesses in hundreds of industries throughout the country ship packages insured by PIP.
Since its inception, Parcel Insurance Plan has been underwritten by Fireman's Fund Insurance Company. Fireman's Fund has been part of the Allianz Group since 1991, and we are excited to share that Fireman's Fund has become integrated with and rebranded as Allianz Global Corporate & Specialty (Allianz), one of the world's most admired companies. Allianz Global Corporate & Specialty is rated A+ Excellent by A.M. Best. No other provider of third party insurance has had as long a relationship with such a strong brand serving your insurance needs.
In 2000, Parcel Insurance Plan created proprietary software in response to increasing customer interest in electronic reporting. Currently, ERIN 2000 works in combination with both UPS Online WorldShip and FedEx Ship Manager®. ERIN 2000 is simple to install, easy to use and best of all it's FREE. There are no calculations to perform. Just a few clicks on your computer each month provides all the reporting we need! Automated PIP monthly reports are also available from many third-party shipping manifest systems.
We invite you to consider PIP when making your shipping insurance decision. We offer exceptional value, ease of use and superior claims handling.
We insure your shipments, both domestic and international, on these carriers:
- U.S. Postal Service
- Other Regional and National Carriers
We also provide freight insurance for palletized shipments.
SHIP WITH THE CARRIER. INSURE WITH PARCEL INSURANCE PLAN.®
What We Do
Parcel Insurance Plan is a third-party shipping insurance provider. Shipping insurance covers your company's packages in the event that they are lost or damaged while in transit. Packages can be shipped via UPS, FedEx, USPS and other freight or small parcel carriers. Instead of insuring directly with the carrier, choose PIP for your package insurance needs. We offer low rates, exceptional customer service, and claims are paid in 7-10 business days. Our international coverage has no country restrictions except Russia. To qualify, your company must have insured packages over $100 in value on a daily basis or spend at least $1000 annually on declared value charges.