What does the courier company mean by guaranteed price?

The insured value is the insured value of this valuable item for you.

If the goods you send are expensive, you need to insure them at this time. If you insure it for 1 1,000 yuan, the courier company will compensate you for 1 1,000 yuan if the goods you send are lost. If charged at the insured price, the general express delivery is 1% or 2%.