The short answer is: Maybe; if you are planning a trip and hypersensitive to unknown medical expenses or lost money due to cancellation – travel insurance will most likely be right for you.
A Quick Checklist for Needing Travel Insurance
- Are you traveling abroad or more than 100 miles away from home?
- Are you hyper-aware of the cost of your travel arrangements?
- Are you concerned an injury or illness of you or a loved one may affect your trip?
- Are you traveling during a heightened risk of severe weather, like the holidays or hurricane season?
- Does your trip include prepaid home rentals, car rentals or event tickets?
Travel insurance isn’t a great investment for every trip, however. A road trip to Grandma’s house probably doesn’t need to be insured – unless your road trip takes you coast to coast. Likewise, a couple planning a weekend getaway close to home probably won’t need it. Anybody traveling abroad or more than 100 miles from home should consider travel insurance as a serious investment.
Buying a plan is a smart move if you are feeling cautious about the cost of your trip, possible illness or injury of you or a loved one, or potential weather-related cancellations or interruption. Travel insurance can add an extra level of protection if you are traveling with any children. In most cases, children can be added to a plan without any additional cost to the premium. Whether your trip is short or extended, we can find a plan to cover you and your companions.
When considering a plan, take inventory of the components of your trip. Pre-paid vacation home rentals, car rentals, and event tickets are more unconventional items to insure, yet they can be costly if forfeited due to an unexpected circumstance. If these costs are added into the total pre-paid cost of the trip, a comprehensive travel insurance plan could protect you if your trip should be cancelled or interrupted.
If you still aren’t sold on the idea, give us a call! We have travel insurance experts licensed in your state ready to answer your questions and find the right plan for you. Or, browse the Travel Insurance Review section of our website to see what previous customers have said about their purchase and experience.
Disclaimer: The information contained in this article serves as a general overview of benefits and should only be used for informational purposes. Refer to your individual certificate of insurance for specific coverages, exclusions and benefits. When in doubt, please contact one of our licensed agents for additional assistance.
Ask a Question
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Question
Can I cancel a trip for any reason. Traveling with my pregnant daughter and concerned about Zika virus in Florida. Needless to say if Zika would be present when we travel I will be canceling the trip
By Jean - March 12, 2018
Answer
There are typically 3 conditions that must be met to purchase a Cancel For Any Reason Rider: Purchase the policy within 10 - 21 days of First Trip Payment; Insure ALL prepaid and non-refundable travel expenses prior to departure; Trip arrangements must be canceled more than 48 -72 hours prior to the departure date. If you meet all 3 of these conditions, this benefit will typically reimburse you 75% of your trip cost, unless otherwise noted. To view policies that offer this benefit, if you qualify, please select the "cancel for any reason" filter on the quote results page.
By MattG - March 14, 2018
Question
Does the travel insurance cover non refundable tickets to an event if I can't attend due to illness etc? We are purchasing a ticket package for Formula One racing that are $2300.00 per person for tickets, accomdations and ground transportation that is being held in October. We will also be purchasing airline tickets and renting a car. Would everything be covered?
By JulieW - March 23, 2018
Answer
As long as your travel arrangements are prepaid and non-refundable, you can insure these costs. The number one covered reason for Trip Cancellation and Trip Interruption is the unforeseen illness or injury of you or a traveling companion that deems you unfit to travel, by order of a licensed physician; or the unforeseen hospitalization or death of a family member. To see all of the covered reasons to cancel or interrupt your trip, please click on the dollar amount that appears under the words "Trip Cancellation" when viewing a quote.
By MattG - March 24, 2018
Question
If you travel outside the US to Mexico and become sick. Would the doctors and hospital cost be covered?
By Jackie - October 25, 2018
Answer
Our comprehensive plans and single trip medical plans include emergency medical coverage to cover unforeseen illnesses and accidental injuries that require you to seek medical attention while traveling.
By MattG - October 27, 2018
Question
Do i add the cost of mileage tickets in the cost of my trip? Are mileage tickets reimbursable? How does that work?
By MaryD - November 16, 2019
Answer
The value of points or miles cannot be insured. You can insure the taxes and fees you paid to redeem the points or miles, as long as the taxes and fees are prepaid and non-refundable prior to departure. Most providers will cover up to a specified amount for the re-deposit fee to redeposit the points or miles back in to your account if you had to cancel for a covered reason.
By MattG - November 18, 2019
Question
Is there a cancel-for-any-reason policy ?
By Hema - March 11, 2020
Answer
You would need start a quote and enter your information to see available plans. Standard comprehensive travel insurance policies do not cover fear of travel. If fear of travel is the main concern, you would want to purchase a comprehensive plan with optional Cancel For Any Reason coverage selected. There are some eligibility requirements for this coverage, such as insuring 100% of pre-paid, non-refundable trip costs, purchasing your coverage within 10-21 days of your initial trip payment, and you must cancel your trip no less than 2 days prior to departure. Cancel For Any Reason can reimburse a portion, typically up to 50%-75%, of your trip cost depending on the plan purchased. A policy with Cancel For Any Reason can cost an additional 40%-60% more than a standard policy, is not available in all states, and eligibility requirements may differ by company.
By Meghan - March 12, 2020
Question
How do I get quotes for annual trip insurance from your company?
By ArtC - July 19, 2022
Answer
We do provide annual medical policies for trips that take place outside of your home country. Typically, the trips cannot be longer than 70 days per trip with most plans. To obtain a quote, please fill out the quote form with your very first trip's details and once you arrive on the results page, please click on the button labeled “medical” on the bottom left and view our plans that are labeled “multi trip". Our multi-trip medical plans provide both medical and medical evacuation coverage.
By MattG - July 23, 2022
Question
My largest trip expense is a fully refundable plane ticket. Do I include this in costs to be covered, or should I only get a quote on other costs, such as deposit on hotels, short haul flights, and eurail costs?
By JY - January 4, 2024
Answer
You can insure all prepaid non-refundable travel arrangements paid for prior to departure from home. Any travel arrangements that are fully refundable in cash does not need to be included in the Trip Cost you are insuring. Only non-refundable travel arrangements can be insured.
By MattG - January 4, 2024