With the unofficial start of summer and after more than two years of pandemic uncertainty, travelers are ready to escape – no matter the high prices.
Americans are expected to spend, on average,
But with COVID-19 cases on the rise again, Hurricane Agatha hits
fifty percent of the
“If you’re booking a flight and you’re not worried about losing all that money in the event of an accident, illness, or hurricane interrupting the flight…well, I think most people are not so lucky,” he said.
Travel insurance can help protect sunk vacation costs, but it’s even more beneficial when trips go awry.
Is it worth to pay
For travel insurance?
It depends. For relatively common things like flight disruptions, domestic travelers already have some protection with
An independent personal financial expert said: “Your credit card is exceptional… to challenge any type of transaction.”
Hotels and vacation rental companies may make exceptions or rebook guest stays in extenuating circumstances, even when said policies provide no refunds for last-minute cancellations.
Theme parks generally do not refund tickets, but will often work with guests dealing with emergencies and COVID-19.
Many cruise lines, such as Carnival and Norwegian, will offer future cruise credit to guests who contract COVID-19 within days of they sail, but may not be flexible if guests cancel for other reasons.
Travel insurance can help customers who want a refund instead of rescheduling and other benefits, but it’s most important for travelers who get sick or injured overseas. “Accidents happen with people. That’s the reality. So travel insurance becomes important only to protect you, not just financially,” Morchland said.
Is my health insurance
Covering international travel?
“A lot of local health insurance plans won’t do that,” Morchland said. “Either they won’t offer any kind of insurance out of the country or it’s out of the network; you have to pay out of pocket. They won’t offer evacuation or repatriation services. So it’s very limited.”
He says hospitals abroad may also want to keep personal credit cards on file or require payment guarantees before services are provided.
So then we step in,” Morchland said. “We work with partners that offer a so-called sponsorship payment guarantee (and) cover you financially while you are there.”
What is not covered
Via travel insurance?
Very little, which is why travelers need to read the terms closely.
Medical coverage may not be included or even offered to domestic travelers because their regular health insurance covers medical care in
“It depends on the partner offering the insurance and what coverage and benefits they think their clients might need,” Durazzo said. “Some domestic travelers like to buy travel insurance with emergency medical coverage because they may have a highly deductible health insurance plan. Travelers who want emergency medical coverage should read their policy to see if it is included and contact their insurance provider if they need a product that includes it.” “.
Most policies don’t cover pre-existing conditions, but travelers can get waivers for some diagnoses to help prevent coverage claims from being denied. Hurricane coverage depends on timing. Travelers need to purchase insurance plans before naming hurricanes.
“The thing to remember about travel insurance is, we only cover unknown and unexpected events,” Durazo said. “Once a hurricane is named, it is considered a known event. …forecast conditions are not covered by insurance.”
Granite warns that there may also be items to watch out for when it comes to hurricanes.
“It’s really important to note that a lot of insurance doesn’t start unless your travel is directly affected by the path of the hurricane, so it doesn’t break and it doesn’t dry up,” he said. “If you are traveling and there is a chance your flight will redirect you three times, but when you stop and you can still reach your destination around the hurricane, they may actually deny your claim.”
The reason for cancellation is also important. In most cases, travelers cannot cancel their flights just because they feel like it. Cancellation for any reason plans exist and cost more than other types of plans, but even then, travelers may not get all the money they put into the trip.
“In most cases, cancellations for any reason are not 100% compensated for,” Morchland said. “You are compensated with a certain percentage of the total cost of your trip. It’s maybe 60-75%, but it’s not 100%. But still, 75% of a big number is better than zero if people’s plans change.”
how to find
Right travel insurance?
There are multiple ways to purchase travel insurance.
Travelers can purchase insurance plans directly from providers such as
They can also check a box for travel insurance or trip protection during the checkout process for some airlines and online travel agencies such as Priceline, Kayak and Expedia, which work with
“The goal is to provide the consumer with the best products for their own journey,” Durazzo said. “This helps give people the coverage they’ll need for their itinerary, and it also prevents them from buying coverage they might not need.”
Granite generally recommends sticking with the trip protection that major credit cards offer for free, rather than purchasing travel insurance, but for travelers who want the extra protection, he recommends comparing shopping on SquareMouth and InsureMyTrip.