Live Insurance News

Travel insurance claims abound among those who planned a Maui vacation

August 29, 2023August 28, 2023 H. Cutner

Travelers who booked trips to the Hawaiian island devastated by wildfires are seeking to cancel. The Maui wildfires are causing people who had intended to travel to the island to look to their travel insurance and credit cards to obtain a refund for the plans they had booked but that they now intend to cancel. Many people who had intended to head to the Hawaiian island now want refunds for their trips. This unfortunate situation is being used by many agents as a reminder to clients about the importance of…

Millennials and Gen Z are buying travel insurance for their trips

August 18, 2023August 17, 2023 Logan B.

Travel insurance - person on hammok on beach looking at phone

Those generations are notably more willing to purchase coverage than those older than them. Even in the face of inflation, Millennials and Gen Z are headed away on vacation and they are purchasing travel insurance to make sure that what they spend is covered against the unexpected. These two generations are far more willing to pay more to protect their vacation investments. Across all generations, 73 percent of people are willing to pay for travel insurance or refundable booking options for their trips, according to a recent report by the…

Extreme travel insurance is an expanding category of coverage

June 29, 2023June 28, 2023 Nordstrom

Extreme travel insurance - woman swimming with a shark

With new and risky sports and activities cropping up worldwide, policies are developing to cover them. If there is anything the recent tragic Titanic shipwreck tour disaster has underscored, it is the risk associated with some of the activities wealthy tourists are taking on, which is why extreme travel insurance is a growing form of coverage. Despite the dangers, tourism is offering a lengthening list of risky activities for travelers to experience. From deep sea dives to swimming in shark-infested waters, and from climbing to mountaintops to visiting the South…

Does your next trip need vacation liability RV insurance?

June 26, 2023June 23, 2023 Marc

Recreational vehicle drivers could be found at fault if an accident occurs while parked at a campsite. As road trip season is now getting well underway, many camper drivers are wondering what kinds of RV insurance they need to make sure their trips don’t come with unwanted surprise expenses. When you have a motorhome, you face different risks than those you face as a regular car driver. RV insurance isn’t the same as auto, travel, or vacation home coverage. It is a unique way to spend time on the road…

Family goes viral with travel insurance caution following nightmare vacation

January 11, 2023January 10, 2023 G. Turner

A motorcycle crash in Thailand left a family crowdfunding for medical costs despite their policy. The day after Christmas, a UK man named Adam Davies was in a motorcycle accident in Thailand and, despite his travel insurance, is now facing massive medical bills due to his serious injuries including a fractured skull. Though he had a policy, the massive medical costs he incurred were not included in his coverage. When Davies consulted with his travel insurance to help pay for the hospital bills that were accumulating for his care, he…

Consumers weigh the benefits of holiday travel insurance this year

December 5, 2022December 2, 2022 H. Cutner

Holiday travel insurance - Passport - map - Festive Decorations

With the high cost of everything, travelers find it tough to decide if their trip requires coverage. Holiday travel insurance is being taken very seriously this year as challenges continue for travelers heading away to visit friends and family. Overbookings, delays, lost luggage and unexpected cancellations are among those challenges. Thanksgiving trips were considered to be a small indicator of what is to be expected throughout the rest of the holiday season. What they have shown is that, as has been the case since the start of the pandemic, travelers…

Travel insurance remains important protection as summer proves rocky for travelers

August 31, 2022August 30, 2022 G. Turner

Despite the fact that people were far more likely to book trips, barriers still stood in their way. This summer was meant to be the return of regular trips and dream vacations, but still proved to be a time in which travel insurance continued to play a central role in protecting travelers from unexpected financial losses. Sudden demand increases, severe storms and understaffed airlines and airports threw a wrench in many plans. Even though people were more determined to take a vacation than they have been since 2019, they faced…