Does VZW declaer value on FedEx return lables? ($600 smartphone being returned)

After activating the replacement smartphone from Verizon,  I just had the
original smartphone dropped off at FedEx using the return label provided
by Verizon Wireless.
The FedEx label showed "DECLARED VALUE $*********" with no valued
filled in.
If FedEx loses the package, who is responsible?   VZW, FedEX, or me?
I'm a little nervous because VZW said I would be billed $600 retail price
of the phone if it's not returned within 5 days.
Thanks!

SandraW wrote:
After activating the replacement smartphone from Verizon,  I just had the
original smartphone dropped off at FedEx using the return label provided
by Verizon Wireless.
The FedEx label showed "DECLARED VALUE $*********" with no valued
filled in.
If FedEx loses the package, who is responsible?   VZW, FedEX, or me?
I'm a little nervous because VZW said I would be billed $600 retail price
of the phone if it's not returned within 5 days.
Thanks!
If you made copies of everything, Verizon or FedEx will be responsible for any lost packages. I've seen posts on here where Verizon claims they never got the returned phone from the customer, and they were charged full price because of that. How or if they got it fixed, I don't know.

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