May 21, 2021
As vaccinations rise and restrictions ease, more and more Americans are making travel plans for the summer and beyond. But many are proceeding with caution amid the lingering uncertainty about the future of COVID-19 and memories of frantic trip cancellations in 2020 ― hence the increasing interest in travel insurance.
“Travel insurance is being seen more as an essential coverage,” Amy Danise, chief insurance analyst at Forbes Advisor, told HuffPost. “The pandemic showed us how unpredictable travel can be. Frankly, travel has always been unpredictable ― after all, you don’t expect that you’re going to get injured or ill before or during a trip. But the pandemic put a spotlight on ways we can increase our financial security, and travel insurance certainly fits that bill."
People were quick to buy travel insurance as the coronavirus situation escalated last February, and the interest has continued. But is travel insurance actually worth it now? Below, Danise and other experts share their guidance.