International travel insurance more common than domestic among Americans

International Travel Insurance - Woman tourist taking photos

More people in the U.S. purchase coverage if they’re traveling outside the country, says AAA Travel. Americans are more likely to purchase international travel insurance than coverage when they are traveling domestically, says a new AAA Travel study. Travelers are more likely to think they need coverage if they’re leaving the country. The research showed that almost four in ten Americans – 38 percent – will typically buy international travel insurance for their trips. Among those individuals, the most important benefit to those policies is trip cancellation defense. Among those…

Read More

Travel insurance giant Allianz Global Assistance USA releases summer vacation data

Travel Insurance

Its Index has indicated that Americans are more likely to take time off this year and head away from home. Allianz Global Assistance USA has just announced its Allianz Travel Insurance Summer Vacation Confidence Index, which is the third annual report of this nature. This year’s findings show that Americans will be taking more vacations. The same report also indicated that social media continues to remain an important factor in inspiring people to travel and assisting in the decisions that they make when, where, and how they will be vacationing.…

Read More