Sep 1, 2021
Whether you travel abroad regularly or occasionally, purchasing travel insurance is a smart move. Travel insurance can cushion you when you cancel your trip for reasons beyond your control or when the unexpected happens while traveling.
With thousands of insurance companies out there, it can be overwhelming to find the best travel insurance provider for you. The best travel insurance companies offer protection for trip cancellation, trip interruption, stolen or damaged luggage, emergency medical bills, travel delays and more.
As you plan for your upcoming vacation, here are some of the best travel insurance companies to trust with your trip.
If you’re planning a trip that includes minor children, you may want to consider Travelex Insurance Services. Most of their plans protect children ages 17 and younger at no extra cost. Travelex has three plans: Travel Select, Travel Basic and Travel America.
Their Travel Select is the most comprehensive plan as it provides coverage for trip cancellation, trip interruption, trip delay, missed connection, baggage delay, sporting equipment delay and travel assistance. The plan comes with $50,000 for emergency medical expenses and up to $500,000 for medical evacuation and repatriation.
World Nomads is the best travel insurance company for adventure travelers and digital nomads. The company offers two coverage plans — Explorer and Standard — with tons of benefits, including trip cancellation, trip interruption, baggage delay, emergency medical insurance, emergency evacuation and gear protection. The plans also cover various activities including skiing, surfing, scuba diving, bungee jumping, mountain biking and more.
Allianz Travel Insurance offers extensive international travel coverage packages, making it the best provider for travelers who want to hit the road multiple times a year. The insurer lets you purchase either one trip or annual travel insurance. There are 10 insurance plans with varying benefit levels, so you can purchase a plan that suits your specific travel needs.
If you travel often, you should consider their annual travel insurance rather than single trip policies.
If you’re a senior traveler, you may want to consider HTH Travel Insurance as it provides comprehensive coverage for travelers up to 95 years of age. The company offers a wide range of travel medical plans for trips outside the U.S. including single trip, multi-trip and group plans.
In addition to travel medical plans, HTH Travel Insurance also offers comprehensive trip protection coverage. Plans come in three tiers: Economy, Classic and Preferred.
Nationwide is one of the most well-known insurance companies and has been operating for nearly a century. The company offers a wide range of policies, including life, home, auto and travel insurance.
The insurer has three travel coverage plans: individual trips, multi-trips and cruises.
Seven Corners offers travel insurance for both U.S. residents and non-U.S. residents. They also offer group insurance for 10 or more people, travel insurance for students and annual travel insurance plans for frequent travelers.
If you live in the U.S., purchasing a Roundtrip Travel Protection plan could be the right decision.
This plan provides protection for:
If you reside outside the U.S., you can purchase Roundtrip International, which provides the essential coverage you need while traveling around the world.
One of the Seven Corners’ most extensive plans is the Wander Frequent Traveler Plus, which covers all the trips you take throughout the year. This plan comes with up to $1 million coverage for emergency medical evacuation and repatriation, $100,000 for COVID-19 treatment, as well as trip interruption, trip delay, baggage delay and lost or stolen travel documents.
InsureMyTrip is a travel insurance website that lets you compare plans from more than 20 providers in one place. You can utilize their comparison tool to compare multiple policies based on your trip needs. Additionally, you can filter insurers to fit your desired needs according to highest-rated, most popular, most recommended or claims rating.
You can also compare quotes from multiple travel insurance providers or customize a plan to meet your needs. The best thing about InsureMyTrip is that it works with the top travel insurance providers, all backed with AM Best ratings to ensure your satisfaction is guaranteed.