Travel insurance might be the most overlooked item when people are planning a trip. I am guilty of this and for many years didn’t have travel insurance when I first started traveling. However, I have realized how important it was over the years and never leave home without it. You need to plan for the unexpected and cover yourself when traveling at home or abroad.
Travel Insurance Can Save You Money
Yes, there is an upfront cost to purchasing travel insurance but it can save you money in the long run. I’ve seen friends, family members, and bloggers run into the unexpected and save thousands by filing a claim with their travel insurance company. The initial investment is minimal when you could end up saving thousands on a trip.
10 Reasons To Buy Travel Insurance
- Trip Cancellation
- Trip Interruption
- Emergency Medical
- Baggage Loss/Damage
- Baggage Delay
- Travel Delay
- Missed Connection
- Change Fee Coverage
- 24-Hr Hotline Assistance Plus
- Anything Can Happen!
What You Should Look for in Travel Insurance
You want your travel insurance to cover any unforeseen events while traveling. You can’t plan for dropping your camera in the sea and never plan on getting your gear stolen in a hostel. That is why you need to look for a great travel insurance company that will have your back.
Look for the following in a good plan:
- Coverage of personal injury
- Coverage in the countries you are traveling in
- Coverage for your electronics including laptops, cameras, and other expensive gear (not all travel insurance Loss or theft of valuables and documents
- Emergency medical assistance and transportation
Disclaimer: I have partnered with and receive financial compensation from Allianz Global Assistance. However, everything written in this post is from and based upon my own annual policy.