Patrick Clark | (TNS) Travel Pulse
Over the past few weeks, two devastating hurricanes have battered the Southeast with high winds and heavy rainfall, reminding travelers of the importance of protecting their travel investments with a solid insurance plan.
Unlike car insurance, renters insurance and other insurance, Americans are not forced to invest in travel insurance, but the benefits can be huge.
This peak Atlantic hurricane season is just a reminder.
After all, travelers can get reassuring travel insurance for a fraction of their total travel costs. According to NerdWallet, the average cost of travel insurance in 2024 will account for 6% to 7% of total travel expenses.
Still, tropical storms and hurricanes are fickle, and it's unwise to wait for troubling weather forecasts to pay for protection. After a storm is named or identified, it's often too late.
However, travelers can purchase a Cancel for Any Reason (CFAR) policy, which provides greater flexibility in the event of trip cancellation or interruption.
The only thing worse than missing out on your dream vacation or being compromised is having to pay for a lackluster experience. That’s where travel insurance comes in, quickly reimbursing you for these expenses so you can plan your next trip without constraints.
If you're not sure where to start, consider reputable and even award-winning travel insurance providers who are constantly evolving and launching new tools to make buying the right policy, filing a claim, and more easier.
“If you're planning to travel this year, we recommend adding a travel insurance plan to your packing list,” said Daniel Durazo, director of external communications at Allianz Partners. “Whether it’s a delayed flight or lost luggage, travel insurance can reimburse you for covered losses associated with delayed travel or lost luggage that could otherwise ruin your precious trip.”
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