With the unofficial start of summer, and after more than two years of pandemic uncertainty, travelers are ready to leave – no matter the high prices.
Americans are expected to spend on average
However, as the number of COVID-19 cases rises again, Hurricane Agatha hit the
“If you book a trip and don’t worry about losing all that money in the event of an accident, illness, or a hurricane that interrupts the trip … then it’s okay, but I think most people are not so lucky,” he said.
Travel insurance can help protect sunk vacation expenses, but it’s especially useful when trips go awry.
Is it worth paying
for travel insurance?
It depends. For relatively common things like flight disruptions, domestic travelers already have some protection through
“Your credit card is phenomenal…for challenging any transaction,” said an independent personal finance expert.
Hotels and rental companies may make exceptions or rebook guest stays under reasonable circumstances, even if the stated policy states that refunds for last-minute cancellations are not available.
Theme parks generally do not issue refunds for tickets, but often work with guests facing emergencies and COVID-19.
Many cruise lines, such as Carnival and Norwegian, will offer future cruise credit for guests who contract COVID-19 within days of sailing, but they may not be as flexible if guests cancel for other reasons.
Travel insurance can help clients who want refunds rather than schedule changes and other benefits, but it’s most important for travelers who get sick or injured abroad. “Accidents happen to people. Such is the reality. So travel insurance only becomes important for your own protection, not just financially,” said Murchland.
My health insurance
cover international travel?
Many times, no.
“Many domestic health plans don’t collect,” Murchland said. “They either don’t provide any insurance outside of the country, or it’s out of the network; you have to pay out of your own pocket. They do not provide evacuation or repatriation services. So it’s just very limited.”
He says hospitals abroad can…