Help CenterNow that you have ShipInsure up and running, it's essential to know that our widget offers dynamic pricing. Let's walk you through how it works.
To best comprehend dynamic pricing, you'll first need to know what info we access:
- Cart data
- E.g., what items are in the cart, how much they cost, and subtotal
- The package protection price that is displayed in the widget
Every time the cart page (or side/pop-up cart) loads, reloads, or the contents change, a function runs to update the widget.
This function grabs the cart subtotal from the cart data and uses it to calculate the premium fee – this will be either $0.98 or a particular % of the total cost (whichever is greater). It then sets the displayed package protection price to that amount.
Please note that for high-risk merchants, percentage increases can reach up to 3-4% depending on the item(s).