Cheap Travel Insurance
From LoveToKnow Insurance
Traveling can be expensive. The last thing you want to spend money on is travel insurance; however, going without coverage can be risky. Your best bet is to find a cheap travel insurance policy that offers you the coverage you need at a price you can afford.
Why Buy Cheap Travel Insurance
When planning a vacation, trip, or extended stay overseas, one of the last things people think about is buying travel insurance. But, whether home or abroad, accidents can happen, and they can ruin your trip and possibly your finances, in the blink of an eye.
Many travelers also avoid looking into travel insurance coverage, because they feel a policy may be out of their price range. This couldn't be further from the truth. The insurance industry is very competitive, and as a result, cheap travel insurance is available. You just need to look for it.
It is also important when shopping to keep in mind that there is no such thing as a standard travel insurance policy. Different policies offer different amounts and different types of coverage.
If you want to find cheap travel insurance, your first step is to determine exactly what kind of coverage you need. A small amount of research and planning can save you significantly and allow you to avoid spending extra cash on coverage that doesn't apply to your needs and travel plans.
Potential problems that could occur on your trip include:
- Flight cancellation
- Trip delays
- Travel/traffic accidents
- Illness or injuries
- Lost or stolen baggage, passports, and identification
- Crime/Terrorism
A cheap travel insurance policy can provide coverage for some or all of the calamities shown above.
Finding Cheap Travel Insurance
Finding cheap travel insurance isn't difficult; you simply need to know what you're looking for. Here are some things to consider when getting a travel insurance policy:
- Travel Health Insurance - If you will be traveling overseas or within the U.S., you may want to make sure that the costs associated with your medical care are covered. If you currently have a health insurance plan, you will want to make sure the plan covers you when traveling. If your plan does not cover you while overseas, inquire about the cost to add this coverage to your policy. You can also buy a stand alone travel policy from an insurance company, service, broker, or agent.
- Air Travel Insurance – Sometimes known as flight insurance, air travel insurance is a short-term death and dismemberment policy that can be purchased by those planning to travel by air. The policy protects you while boarding, deplaning, and in flight, and must be purchase prior to departure.
- Trip Cancellation/Trip Delay Insurance – If you booked your trip online or with a travel service, trip cancellation and/or trip delay insurance covers the cancellation and cost of traveling home should you have to cut your trip short.
You can also buy insurance that covers lost or stolen baggage, medevac evacuations, and supplier default. When shopping for a cheap travel insurance policy, be sure to read the fine print. You will want to know exactly what is covered and what isn't prior to departure.
Where to Shop
The travel insurance industry is booming. If you need to purchase a cheap travel insurance policy, you can choose from a wide variety of travel insurance companies and services, agents, and brokers.
Here are a few companies you can contact for a quote:
- Access America
- Columbus
- Global Alert
- Global Travel Insurance
- Guardian Unlimited
- Medjet Assist
- Travel Guard International
- Travel Insured International
- Travelex Insurance Services
- TravelSafe Insurance
Learn More
This page has been accessed 1,446 times. This page was last modified 13:50, 9 October 2006.
© 2006-2009 LoveToKnow Corp.
Print this page
Email to friend
Follow ltk on twitter
