Olde Hornet
Well-Known Member
This Is When Travel Insurance Is Worth It—And When It Isn’t
When should you get travel insurance?
Buying travel insurance makes sense when you’re traveling internationally. The typical cost of an international trip is more than $3,000, Garlick says. People want the best rate, so they book their flights far in advance. But then life happens; maybe a family member loses a job. But because you’ve paid so much upfront, you want to protect that investment. "I have been burned on this, where I’ve booked a trip nine months in advance and my whole life is different nine months later," Garlick says.
You may also want to invest in travel insurance if you're eyeing a cruise. Research shows that people plan a cruise on average a year in advance. Having travel insurance could give you the flexibility to reschedule if, say, a hurricane suddenly appears on the horizon. "Cruise lines typically offer that sort of insurance package, because they recognize that you may be traveling in a hurricane," Garlick says. Here are some more tips to make your cruise easier.
When should you get travel insurance?
Buying travel insurance makes sense when you’re traveling internationally. The typical cost of an international trip is more than $3,000, Garlick says. People want the best rate, so they book their flights far in advance. But then life happens; maybe a family member loses a job. But because you’ve paid so much upfront, you want to protect that investment. "I have been burned on this, where I’ve booked a trip nine months in advance and my whole life is different nine months later," Garlick says.
You may also want to invest in travel insurance if you're eyeing a cruise. Research shows that people plan a cruise on average a year in advance. Having travel insurance could give you the flexibility to reschedule if, say, a hurricane suddenly appears on the horizon. "Cruise lines typically offer that sort of insurance package, because they recognize that you may be traveling in a hurricane," Garlick says. Here are some more tips to make your cruise easier.