A Guide to Purchasing Travel Insurance: Timing, Coverage Amounts, and Essential Considerations

Attention all travelers and game theme lovers over 21 years old! Extreme weather conditions in the west have caused major disruptions in holiday travel plans, creating a domino effect as the system moves eastward after Christmas. Flight cancellations and delays have wreaked havoc on thousands of people’s vacations.

Prepare for Potential Travel Insurance Claims

Experts at Insure My Trip, a trusted travel insurance provider, predict a surge in travel insurance claims in January. Most of these claims are expected to be related to trip cancellations and delays. While airlines are obligated to reimburse passengers for lost luggage and cancellations, they are not necessarily responsible for compensating passengers for delays. This is where travel insurance comes into play.

Kathy Kimmel, a travel insurance agent, recommends coverage for delays that can result in significant expenses for passengers. For instance, if you experience a delay of six hours or more, travel insurance can reimburse you anywhere from $150 to $500 per day, with a maximum coverage of $1,500 to $2,500. This coverage can be used for accommodations, meals, telephone calls, and local travel until you can resume your journey.

Customize Your Travel Insurance Policy

When considering travel insurance, it’s important to tailor your policy to your specific needs. Depending on the nature of your trip, you may not require a comprehensive policy. Instead, choose the coverage options that are most important to you. For example, you might prioritize cancellation coverage for any reason or medical coverage in case of illness or injury during your trip.

Now, let’s talk about cost. The price of travel insurance will vary depending on the level of coverage you require. Generally, you can expect to pay anywhere from five to 10% of the total cost of your trip. So, if you’re planning a $2,000 vacation, budget around $100 to $200 for travel insurance coverage.

Remember, it’s crucial to assess your existing coverage before purchasing travel insurance. Check with your healthcare provider to see if they offer any coverage outside your home country. Additionally, some credit cards may provide certain protections while traveling. If you have booked refundable airfare and hotels, you may not need extensive insurance coverage.

Choose a Reliable Travel Insurer

Before selecting a travel insurer, take the time to read customer reviews and evaluate their claim process. It’s essential to choose a reputable company that prioritizes customer satisfaction and efficiently handles claims.

Author’s Insight: “Stay Prepared and Protected”

“As a game theme lover myself, I understand the excitement and anticipation that comes with planning a vacation. However, it’s crucial to stay prepared and protected against unforeseen circumstances. Extreme weather events can disrupt even the most meticulously planned trips. By investing in travel insurance, you can safeguard your travel investment and ensure peace of mind throughout your journey.”