Planning a trip can be expensive and stressful enough. The last thing you want is for something to derail those plans and cost you more money.
While you can’t always control what happens on your travels, you can take some of the stress out by making a purchase travel insurance. Travel insurance can Saves you hundreds (if not thousands) of dollars in the event of an unexpected accident or illness.
However, travel insurance is not as well understood as other types of insurance, such as health and health insurance Car insurance. There are a lot of misconceptions that may prevent you from considering getting covered. In this article, we are going to flesh out these myths to help you better identify them If travel insurance is worth it for you.
Start your search by comparing a variety of insurance policies in one easy-to-use marketplace.
Travel insurance myths debunked: what to know
Don’t let these common myths discourage you from buying travel insurance.
Myth 1: It’s too expensive
As with any type of insurance, it can be worth spending a little now to save a lot later.
According to the American Travel Insurance Association, travel insurance is typical costs Between 4% to 8% of your total trip. Therefore, travel insurance for a $2,000 trip would cost $80 to $160. When you consider how much you might lose if your luggage is damaged, your flight is canceled, or you fall ill in a foreign country, the cost may be worth it.
In addition, you can Save money on travel insurance By doing your homework, compare several providers and obtain insurance The right amount of coverage.
Myth 2: It doesn’t cover much
Travel insurance can cover a myriad of issues. Depends on plan type Which you choose, can provide up to 100% compensation for Covered grounds Included:
- Trip cancellation
- Travel delay or interruption
- Lost or damaged baggage
- medical care
Any of these events can set you back in a big way. By looking at your needs and comparing travel insurance providers, you can secure the most affordable policy to minimize your losses should the unexpected happen.
Note: Some services offer additional travel insurance functionality, such as Trip Protection, when booking. These add-ons may not offer the best price or the most comprehensive coverage, so be sure to research other options before purchasing.
Myth 3: Your regular health insurance covers you when you travel
Do not rely on your health insurance policy to cover you if you become ill or injured in a foreign country.
The Centers for Disease Control and Prevention (CDC) advises that “even if a state nationalizes health care, it may not cover non-citizens.” “Before you travel, consider your insurance options in case you need care while traveling.”
In fact, some countries require (or at least strongly recommend) that visitors have them Travel medical insurance coverage. So is the US State Department. And even if your current health insurance covers you abroad, services will be considered out of network and can cost tens of thousands of dollars.
Finally, don’t assume that you can take your chances if you are in relatively good health and don’t plan to engage in any high-risk activities, such as skydiving or rock climbing. Accidents and illness can happen at any time, and it’s better to be safe than sorry when it comes to potentially expensive medical bills.
Even the best travel plans get ruined. After spending so much time and money planning and booking the perfect trip, it is worth considering travel insurance to protect yourself from circumstances beyond your control.
You might be able to Add travel insurance yet I’ve booked a flight. Just be sure to keep all receipts and paperwork so you can file a claim if needed.
Protect the money you’ve spent and avoid extra costs by looking into travel insurance today. Enter your flight information here to see your options.