Two devastating hurricanes thrashed the Southeast with high winds and heavy rainfall in the past couple of weeks, reminding travelers of the importance of protecting their travel investment with a solid insurance plan.
Unlike auto, renters and other insurances, Americans aren’t forced to invest in travel insurance, but the benefits can be immense.
This peak Atlantic hurricane season only serves as a reminder.
After all, travelers can secure a reassuring travel insurance policy for just a small percentage of their total trip cost. According to NerdWallet, the average cost of travel insurance in 2024 is between 6 percent and 7 percent of your total trip expenses.
Still, tropical storms and hurricanes are extremely fluid and it’s never wise to wait until a troubling forecast to pay for protection. It’s often too late after a storm has been named or identified.
However, travelers can purchase a Cancel for Any Reason (CFAR) policy that will provide added flexibility in the event of trip cancellations or disruptions.
The only thing worse than missing out on your dream vacation or having it impacted is having to foot the bill for an underwhelming experience. That’s where travel insurance comes in to quickly reimburse you for those expenses so you can plan for the next getaway uninhibited.
If you’re not sure where to begin, consider reputable or even an award-winning travel insurance provider that is constantly evolving by launching new tools to make purchasing the right policy, filing claims and more even easier.
“If you’re planning a getaway this year, we recommend adding a travel insurance plan to your packing list,” said Daniel Durazo, director of external communications at Allianz Partners USA. “Whether it’s a flight delay or lost luggage, a travel insurance policy may reimburse you for covered losses associated with a covered travel delay or baggage loss that could otherwise spoil a cherished trip.”
