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Memorial Day is just days away, and with it the unofficial start of the summer travel season. As a result, many people are preparing for their long-awaited vacation. While an organized itinerary can help keep things running smoothly, it won’t offer much of a buffer in case something goes wrong. It’s here that travel insurance can help. By insuring their trip, travelers can protect themselves against a wide variety of problems and emergencies. And it doesn’t have to be expensive – it usually is costs only 4% to 8% of the total cost of your trip.
That said, as with all financial products and services, there are better times than others to purchase travel insurance. We’ll explore three of the best times to get a shot below. If you’re considering insuring your next trip, start comparing travel insurance quotes here now.
3 times the travel insurance is worth it
Although travel insurance can be useful in several scenarios, it is particularly useful to have it in the following three cases.
When traveling abroad
Your health insurance may be solid at home, but it might offer little or no protection if something goes wrong while traveling abroad. For this reason and otherstravel insurance can be essential when going abroad.
“Most primary health insurance policies do not provide coverage abroad or, if they do, coverage is limited. Travel insurance policies, on the other hand, may provide coverage in multiple destinations within the world,” says SquareMouth, an online travel insurance marketplace.
It should be noted that travel insurance does not only cover hotel and flight costs. According to the police, it can also protect you from medical costs that you would otherwise have to pay out of pocket while abroad. No one wants to think about how to pay for care if they are sick while on vacation. Fortunately, travel insurance takes these concerns out of the equation by protecting you in case you become ill or injured outside the United States.
Check your travel insurance options with SquareMouth now to learn more.
When traveling at certain times of the year
No one can know for sure how your trip will turn out. So, you need to make sure to complete your due diligence. If you plan to travel to an island during hurricane season, for example, travel insurance is smart protection to have. Although you cannot control the weather, you can control your planned response to all adverse conditions.
Familiarize yourself with any potentially problematic weather for your destination before arriving there. Then, be sure to insure yourself against these conditions in advance. This way you won’t have to pay for a trip you had to spend indoors most of the time.
When you have non-refundable items for your trip
Some parts of your trip may be refundable, others may not. In this case, travel insurance is a valuable protection to have in case the non-refundable parts of your trip don’t go as planned. These are, in general, expenses that you could not be reimbursed if you had to change your trip at the last hour. They include prepaid tours, excursions, or other expenses that you might have gotten a good deal on by agreeing to be non-refundable (like airfare).
If you’ve already paid for these items, or know you will when you arrive, it’s a good idea to have travel insurance to protect you in case something goes wrong. Check travel insurance quotes and options here now to find the best plan for you.
The bottom line
Travel insurance is a smart way to protect yourself against adverse conditions that could affect parts of your trip – or the trip as a whole.
While this is valuable protection to have in many cases, it is especially worth it when traveling abroad or when traveling at certain times of the year when weather conditions can severely affect your projects. It’s also a good idea to take out a travel insurance policy if you have one or more non-refundable parts of your trip. If something goes wrong and you can’t complete those portions, a travel insurance policy could help pay you back.
Learn more about your travel insurance options here now.