Tips to Find the Right Travel insurance Plan
last updated on 03/07/2022
We’ve said it before and we’ll say it again – not every trip will need travel insurance. But most will. Finding the right travel insurance plan for you and that specific trip can sometimes be tricky. InsureMyTrip prides itself on finding the right plan for every traveler without any bias or hidden agenda. We know travel insurance and how to choose it, so let’s start at the beginning.
what kind of trip are you going to do?
If you’re going to visit Grandma this holiday season, chances are you won’t need a travel insurance plan. however, if you’re going to be flying at some point during this trip to see Grandma, say across the country or to a neighboring region, you should seriously consider insurance. Travel involving flights increases the risk of travel mishaps, such as delays and lost luggage, which can end up costing you money. comprehensive plans offer benefits to help reimburse costs associated with covered travel and baggage delays, as well as lost or damaged baggage.
If you’re going on a weekend road trip with the kids and you’re staying in a reimbursable hotel room, you’re not really factoring in the costs of the trip you’d have to insure. But if your weekend trip with the kids involves a quick flight to your city, a two-night stay, and an expensive show, you may want to consider insuring your investment.
Regardless of the trip, you can insure any trip you take more than 100 miles from home, including prepaid expenses that are subject to cancellation penalties. If you’re worried about losing money due to unexpected changes or mishaps on your trip, insure your trip!
how much of your trip is prepaid and non-refundable?
Travel insurance will only cover trip costs that are paid before your departure, which is subject to cancellation penalties. any prepaid expenses that are not fully reimbursable in the event you have to cancel or interrupt your trip must be insured, or it may invalidate some coverages in the plans. Before you buy a travel insurance plan, consider the costs of your trip. Add up all non-reimbursable expenses to determine the insurable amount.
Travellers typically secure flights, hotel stays, all-inclusive vacation packages, tour packages, and even tickets to events at their destination. while some of these things can sometimes be reimbursable, many times they are not. the key is knowing that travel insurance will only cover anything that is prepaid and non-refundable. you will only be refunded the money you lose.
Have you fully compared plans before purchasing?
We do not recommend simply choosing the first travel insurance plan that appears in your quote results; First, find out what your top concerns are, what your budget will allow, and select plans that fit those criteria. our site is designed to allow travelers to choose multiple plans to compare them all at once. take advantage of that! you can filter and compare based on the benefits that interest you most.
The most comprehensive travel insurance plans will be similar, offering coverage for trip cancellation up to 100% and trip interruption up to 100-150% of the non-refundable prepaid trip cost. But when you start looking at travel delay benefits, baggage protection limits, and emergency medical coverage, you’ll see that there is a wide range of benefit limits.
Using the comparison engine with insuremytrip, you can really find the right travel insurance plan for you and your fellow travelers.
Is this price adequate for what I am buying?
Each plan, whether comprehensive, travel medical or otherwise, comes with its own unique coverage that affects the premium. In addition, it is important to recognize that not only the cost of your trip, but also the age of the travelers, the destination and the length of the trip often affect the premium as well. a lot goes into the price of the travel insurance plan you choose.
The truth is that insuremytrip guarantees that the plans on our site have the best price available for that plan. You won’t find a better price for the plan you choose, anywhere. so you can rest easy when shopping for an insuremytrip plan. you can insure your trip so that you are comfortable without worrying about saving money elsewhere.