I rarely use FedEx, but have used them successfully in the past, however my last experience with them about 2 months ago was a bit disappointing. I sent a package worth several thousand dollars to CA and they told me at the sales counter that the max that I could insure my package for (FedEx liability) was $1,000 per package in the event of loss or damage. They told me anything greater than $1,000 I could file a claim with my homeowner's insurance. I have never heard such a thing from anyone.
My package took a full week to get to it's destination, but it was delivered successfully.
USPS Registered Mail has a max liability of $50,000 per package, so if you are sending high value items, Registered Mail is the better way to go.
So I would say, if you file a claim with FedEx at most they are only going to pay what the sender insured it for, up to a max of $1,000.
Good luck with it.
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