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…
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International travel insurance more common than domestic among Americans
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 MoreTravel insurance policies may become necessary under new US government policies
People planning to take a vacation or business trip in the United States may need additional coverage. With the changing restrictions for travelers, travel insurance policies that allow policyholders to “cancel for any reason” may become much more important. While these more expensive forms of standard travel insurance have always protected people against losses from having to make last minute changes – or cancellations – to their travel plans, travelers may now need it in case they are turned away from the United States. The standard insurance policy for travelers…
Read MoreTravel insurance claim disputes are on the rise
A resolution company has reported that they are dealing with five times the number of complaints. A dispute resolution company called Financial Services Complaints has reported in its travel insurance news that there has been a massive increase in the number of travel insurance issues that have arisen over the last year. For this reason, the company is cautioning consumers to understand their coverage before they buy. The company reported that they have been dealing with travel insurance complaint levels that are five times higher than they were at the…
Read MoreIs Cancel for Any Reason Insurance Appropriate at All Times?
Cancel for Any Reason insurance has been growing very quickly in its popularity among travelers, but some are starting to wonder whether or not it is appropriate for all occasions. Though it is important to carry adequate insurance to protect yourself against certain unforeseen circumstances, there is such thing as having too much – paying for what you don’t actually need. The travel insurance comparison site, Squaremouth.com, has recently released data that showed that there can be times when travelers simply don’t need it. Squaremouth marketing manager, Sara Byrne, said…
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