Americans more likely to buy travel insurance than they were pre-pandemic

Buy Travel Insurance - person waiting in airport

This crisis has drawn attention to the reality of risk and unexpected events that can suddenly occur. About 45 percent of Americans are likely to buy travel insurance to cover future trips as movement is introduced once more, according to a recent NerdWallet survey. The survey involved the participation of 2,000 adults across the United States. The research was designed to help better understand the impact of the COVID-19 pandemic crisis on the financial habits of Americans. What it found was that there was a greater likelihood that Americans would…

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Travel insurance claims are pouring in following several hurricanes

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This busy storm season has led to a large number of filings from people whose vacations were interrupted. The active 2017 hurricane season has led to a sudden influx of travel insurance claims as vacations and business trips see interruptions. This type of storm season has helped to demonstrate the value that this type of insurance coverage can offer travelers. Thousands of people across the United States are breathing a sigh of relief after purchasing the coverage. Those who purchased their travel insurance policies before the storms were named can…

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Travel insurance policies may become necessary under new US government policies

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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…

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Scam travel insurance claims are becoming more commonplace

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According to recent data the most rapidly growing coverage segment is also a massive target for scams. Though auto policies have traditionally been the area in which insurers have traditionally had to be the most vigilant in watching for scammers, travel insurance has suddenly started to see the emergence of a new trend in false claims. The General Insurance Association (GIA) has reported that this insurance sector is growing exceptionally fast. The GIA has noticed this trend as a growing number of people travel overseas and recognize the importance of…

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Travel insurance inquiries spike from Zika virus concerns

mosquito zika virus travel insurance

Vacationers and business travelers, alike, are looking into coverage to give them peace of mind. According to a recent data release, calls regarding travel insurance have skyrocketed from airline travelers who are worried about the type of medical care they would receive if they were to be infected with the Zika virus while away from home, how much that care would cost, and whether or not it will provide them with the opportunity to cancel their plans if they are headed into an area where infections are known. People heading…

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Travel insurance offers people surprising benefits for a staycation

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Many people wouldn’t even think to buy coverage for a vacation whey they’re staying home, but there are advantages. Staycations have become quite popular over the last few years – particularly since the economic crisis – but while travel insurance may be a common purchase when you’re heading out of state or out of the country, many people don’t realize that it can offer them benefits when they’re vacationing at home, too. Despite the fact that added medical coverage isn’t required, there are more benefits to travel policies. Throughout the…

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Travel insurance tips offered to Pennsylvania vacationers

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The Insurance Department in the state has released advice for residents of the state before they head away. The warming weather means one thing to many people across Pennsylvania, and that is the preparations for the summer vacation season, about which they are now being provided with a range of travel insurance tips. The Pennsylvania Insurance Department is reminding vacationers to look into the right insurance coverage. The Insurance Department has released a checklist for people across the state, before they head away on vacation. Being away will impact many…

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