Travel insurance can help cover pre-paid and non-refundable trip costs. Trip cost includes the total non-refundable and pre-paid trip expenses that are purchased for a vacation. Examples of trip cost include airline tickets, lodging deposits, excursion deposits, etc. No matter the booking option, travel insurance can often cover these costs if a traveler has to miss or cancel their trip for a covered reason.
Even though vacations are booked with the best of intentions, emergencies often arise. Travel insurance can cover travelers who are unable to go on their trip for unforeseen reasons such as illness. Many times, airlines and reservation companies will not reimburse pre-paid trip cost even in times of emergency. Travel insurance takes care of expenses in time of need and can offer reimbursement when necessary.
Many of the best vacations require pre-paid purchases and deposits. Cruises ask for deposits on excursion, for example, and travelers often have to buy airline tickets weeks in advance to receive a decent price. While there are often refundable ticket offers, these options are very expensive, sometimes being even twice as much as the original purchase. Travel insurance is a more economically viable option because it can cover all of the trip cost from multiple bookings and purchases.
It is best to purchase travel insurance when purchasing the first ticket, not when leaving on a trip. This way, you will be covered for trip cancellation as long as possible.
Travel insurance is a cost-effective way to make sure a trip is covered in case of an emergency. While no one ever plans on missing out on their dream vacation, it is best not to take the risk. Emergencies can not be planned around a vacation schedule. Travel insurance does not just cover trip cost, but can cover rental car accidents, lost or stolen belongings and more. Enter your trip details into our quote form today to compare and buy online.