How to Compare Travel Insurance Quotes

Most travellers understand the importance of travel insurance. Whether you are travelling domestically or internationally, having this type of insurance will protect you from unforeseen circumstances such as cancelled flights, lost baggage, and medical treatment.

Can you imagine getting into an accident abroad, with limited money and with no friend to turn to for help? It can be quite difficult but having proper insurance will help you get back on your feet without even putting a dent on your finances.

Now before you purchase a policy, it’s important that you compare travel insurance packages from various insurance companies. Whilst people are made to believe that all insurance policies are the same, the truth is, they’re not. You need to check certain factors before making a decision, and it is also worth your while to compare travel insurance so you will be able to find the best one for your needs.

Types of Travel Insurance

Before you make a decision to purchase insurance policy, one of the first things you need to look into is the type of insurance you will get. Of course, you need to get one that’s suited for your particular travel in terms of destination, duration, number of people travelling, and age. You can choose European only, worldwide, annual multi-trip, single trip, backpackers, business travel, winter sports, adventure travel, and long stay. You also need to decide whether you’re getting individual, couple or family insurance for people below or over 65, as well as people below or over 75.

Travel Insurance Rates

The next thing for you to consider is how much you are willing to pay for your policy. Insurance rates vary; you can get a policy for less than £2 and you can also get one for as much as £100, and it really depends on what type of insurance you’re getting as well as the coverage. To help you find the best travel insurance, it’s always recommended that you compare travel insurance quotes online. Doing so is easy, and you can get plenty of insurance quotes with just a few clicks.

Check the Insurance Company’s Reputation

Sometimes people are enticed to purchase the cheapest policy available without really bothering to check the reputation of the insurance company offering it. Don’t make that mistake. You may save money on your policy but how helpful will it be in case you lose your luggage or your flight home gets cancelled? You are better off purchasing insurance from a well established and trusted insurance company even if it will cost you a bit more. At the very least, getting travel insurance from them will give you the peace of mind you need so you can enjoy your trip completely.

Travel Insurance

Planning your annual holiday trip is important to most of us as it is the time when we take time to look after ourselves after working hard all year long. Some of us travel more frequently and whether you are planning a single trip or have more than one holiday per year you will probably want to make sure you have adequate travel insurance cover in the unfortunate event that you need to make a claim against your travel insurance.

Unfortunately many people often forget to buy travel insurance before they go on holiday and it is not until you run into problems that you realize how important it would have been to have obtained a travel insurance policy in the first place. The main reason people forget to buy travel insurance is because it can take a lot of time and effort to find the right travel insurance policy and that coupled with arranging the holiday itself either puts people off or travel insurance becomes an oversight. Besides who wants to think about insurance when they are planning a holiday?

Insurance is not the most exciting thing we can occupy our time with but it does offer peace of mind and is a great help to us when we need it most therefore anyone considering traveling should make insurance a priority especially if you and your family are traveling together. Besides, children are often covered for free if they are dependents of the policy holder and are under 18 years of age.

One way of overcoming the boring task of buying travel insurance is to buy a single premium policy or annual travel insurance which allows you to take many holidays which are all covered by one insurance policy. There are always different levels of cover and it is important to check with your travel insurer to find out what length of holiday your insurance policy will cover. For instance, if you are going away for 6 weeks and your annual travel policy on covers vacations of up to 3 or 4 weeks duration, you will find yourself uninsured which will leave you high and dry. Most travel insurance companies will offer up to 4 options for the duration of trip and it is important that you select the most appropriate option for yourself.

Another advantage of annual travel insurance is that if you enjoy winter sports, you can ask your insurer if they have a winter sports option so you will be covered for those holiday trips as well. There will generally be an additional premium for this but when you bear in mind that winter sports do have a higher risk of injury associated with them, then you will begin to understand the sense in taking out the winter sports option.

Another point to consider when taking out a travel insurance policy is what exclusions and excesses apply. Many travel insurers have a blanket exclusion to cover acts of terrorism. It is worth checking with your insurer what their position on this is prior to purchasing your travel insurance policy. Also the compulsory excess may vary from insurer to insurer. This may affect the travel insurance premium you are quoted when obtaining an insurance quote. Remember, in the event of a travel insurance claim, you will be expected to pay the excess so it is worthwhile considering if this is acceptable to you. The best thing to do is obtain a number of travel insurance quotes especially if you are thinking of buying an annual travel insurance single premium policy. Then compare what each insurer offers so you know which one offers you the best deal.

So if you are currently looking for Travel Insurance then why not check out Insurance Online UK at the links shown below

A Guide to Buying and Using Travel Insurance

Is Travel Insurance Really Necessary?

Travel is already expensive enough, isn’t it? The cost of air fare, cruises, hotels, ground transportation, food and activities and entertainment are already high enough. I don’t know about you, but I work hard for my money, and when I travel, I want to keep as much of my money in MY pocket as possible. Is travel insurance a necessity or a luxury? Why not cut a few corners here and there. Why buy something if it’s not really needed?

My personal answer is, of course, that I am not independently wealthy and can’t withstand the potential financial losses I would incur if I require medical care while I’m traveling. Not being independently wealthy also means that I’m in the market for adequate but cheap travel insurance. I suspect that you are in the same position, so you, too need cheap travel insurance. If you’re still not sure about that, consider the following.

Did you know that if you get sick or are injured while traveling abroad, your medical plan may not cover all the expenses you will incur? If the costs of treatment are higher than the maximums of your medical plan, you will be responsible for the difference, unless you have already purchased travel insurance. In fact, you may not even be admitted into hospitals in some countries without proof that you have health or medical insurance.

This is true for everyone, regardless of age or length of time abroad. Suppose you fall ill just a few hours after arriving at your destination. Or suppose you make a day-trip to another country, and you are injured in a traffic accident. Or suppose one of your children is part of a group making a class visit abroad, gets food poisoning and requires hospitalization. In all cases, without adequate travel health insurance, you will be responsible for the costs above and beyond the limitations of your existing medical plan.

Therefore, before going abroad, you need to make sure that you are adequately covered by travel medical insurance that won’t break your budget. You should check to see if appropriate coverage is already available to you through your medical plan, employee benefits, or even through a credit card. If the coverage is sufficient for your needs, then you can enjoy your trip without incurring the extra expense of travel insurance. However, if you are not sure of your coverage, or if your coverage is inadequate or non-existent, then your next step should be to research and purchase the travel insurance coverage you need.

How Much Can You Expect To Pay?

When I bought my first plane ticket to China a few years ago it cost around $2000 round-trip, and my travel insurance cost me over $500 because I didn’t shop around for cheap travel insurance online.

A few years later, a little bit older and wiser, and my travel insurance for another trip to China cost me much less–about $300 for roughly the same coverage. The difference? Before buying my travel insurance for the second trip, I shopped around online and got the coverage I needed, at the right price. If I’d have purchased my travel insurance for this latest trip from my travel agent, it would’ve cost me about $600 for the trip, and my plane tickets only cost $1,500! Not exactly the smart way to go.

So how much will it cost you? Not as much money as it will cost you if you get sick or injured abroad and you don’t have any travel insurance coverage! That’s the obvious answer to the question.

In fact, how much travel insurance costs will depend on your age and the type of coverage you choose. Basic policies cost as little as $5.50 USD per $1000 of coverage. On the other hand, you can expect a full coverage policy to cost you from 7 to 10% of the cost of your trip, depending on your age. The older you are, the more you will pay. No matter what the cost of the policy, however, it’s sure to be much less than the cost of medical evacuation!

The good news is that you can easily, conveniently and quickly research and locate excellent but cheap online travel insurance and reduce the costs while making an informed purchase. This is much better than taking what you are offered at the travel agency because you can choose from hundreds of travel insurance companies and polices and save yourself a lot of money in the process. One place you can start your search is at Travel Insurance Central, [http://www.travel-insurance-central.com]

What You Should Consider When Buying Travel Insurance

To assist you in your research, here are some suggestions to help you make an informed purchase.

1. Consider the worst-case scenario. If you can financially withstand the worst-case scenario then maybe you don’t need travel insurance or maybe you don’t need a comprehensive policy.

2. Make sure the policy you are considering provides adequate medical/dental coverage, including medical evacuation coverage just in case you need medical care in a place where the best treatment available is below the standards you are accustomed to in your country. This can happen if you fall ill in a developing country or even on a cruise ship.

3. Check your existing insurance policies for possible coverage. There is no sense in paying more for what you already have in your homeowner or tenant policy, such as theft and loss coverage.

4. If you are a frequent traveler, you should consider annual or year-round travel insurance policies. Sometimes they are called multi-trip travel insurance policies. Whatever the name, these policies can be relatively cheap when compared to single-trip travel insurance policies.

5. Know what you are buying, so read the fine print. Make sure that you understand what the company considers to be a legitimate reason for cancellation or interruption. If the list is too restrictive, maybe you should consider another policy.

6. Don’t restrict yourself to buying only from your travel agent. He/She will probably only have one company’s product(s) available, and it’s there for your convenience, but that convenience can be quite costly!

7. Ask lots of questions about the coverage. Play the “what if” game. Ask for clear explanations of terminology. Make sure that you and the travel insurance company are speaking the same language.

8. Don’t buy the insurance through your transportation provider. If the airline goes bankrupt, how adequate will your insurance coverage be?

Once You’ve Bought Your Travel Insurance

Remember that your travel insurance policy covers you between certain specific dates, so don’t start your trip early or extend your trip without first changing the dates of coverage on your travel insurance policy. Of course, this might cost you extra, but that’s cheaper than finding yourself without coverage when you need it the most.

Also, it almost goes without saying that you should bring your travel insurance policy with you when you go abroad. You can’t consult the policy if it’s sitting on your desk at home. You should also carry your travel insurance company’s toll-free assistance phone number and other contact information with you wherever you go. It does you no good if you get ill or hurt and the necessary policy information is sitting in your hotel room. It’s also a good idea to bring your regular medical coverage cards and info with you.

I hope these tips will help you by the best travel insurance for you. Then take your trip with the peace of mind that comes from knowing that you are insured by the right travel insurance policy at the right price. Bon voyage!