Travel insurance myths busted: what to know

Planning a trip can be expensive and quite stressful. The last thing you want is to disrupt those plans and end up spending more of your money.

While you can’t always control what happens on your trip, you can take some of the stress out of purchasing Travel insurance. Travel insurance can Save you hundreds (if not thousands) Dollars in case of unforeseen events or illness.

However, travel insurance is not as well understood as other types of insurance such as health and the like Self insurance. There are many misconceptions that can keep you from considering getting coverage. In this article, we’ll clear up these myths to help you decide better If travel insurance is worth it For you.

Start your search by comparing different insurance policies in an easy-to-use marketplace.

Travel insurance myths busted: what to know

Don’t let these common myths stop 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 American Travel Insurance AssociationTravel insurance usually cost Between 4% and 8% of your total travel. So, a trip worth $2,000 would cost $80 to $160 for travel insurance. Considering how much you stand to lose if your luggage is damaged, your flight is canceled or you get sick overseas, the cost can be worth it.

Plus, you can Save money on travel insurance By doing your homework, comparing and getting multiple insurance providers The right amount of coverage.

Myth #2: It doesn’t cover much

Travel insurance can cover a myriad of issues. depends on Type of plan You choose, it can offer up to 100% reimbursement covered reasons including:

• Cancel the trip
• Travel delays or interruptions
• Lost or damaged baggage
• Health care

Any one of these events can set you back significantly. By considering your needs and comparing travel insurance providers, you can secure the most affordable policy to mitigate your losses should the unexpected occur.

Note: Some services offer travel insurance add-ons when you book, such as flight protection. These add-ons may not offer the best value or the most extensive coverage, so be sure to research your other options before purchasing.

Myth #3: Your regular health insurance covers you when you travel

Don’t rely on your health insurance policy to cover you if you get sick or injured in a foreign country.

“Even if a country nationalizes health care, it may not cover people who are not citizens,” said D Centers for Disease Control and Prevention (CDC) Advises “Before you go, consider your insurance options if you need care while traveling.”

actually, Some countries require (or at least strongly recommend) to get that audience Travel medical insurance coverage. do so US Department of the Interior. And even if your existing health insurance covers you abroad, services are considered out-of-network and can cost thousands of dollars.

Finally, don’t assume that you can take your chances if you’re relatively healthy and don’t plan to engage in high-risk activities like skydiving or rock climbing. Accidents and illnesses can happen at any time, and it’s better to be safe than sorry when it comes to potentially expensive medical bills.

Bottom line

Even the best neighborhood tour plans go awry. After spending a lot of time and money planning and booking the perfect trip, it’s worth considering travel insurance to protect yourself against circumstances beyond your control.

You might even be able to Add travel insurance later You have booked a trip. Just be sure to retain all receipts and paperwork so you can make a claim if needed.

Protect the money you spend and avoid extra costs by looking into travel insurance today. Input your travel information here to view your options.