ST PETE BEACH, FL June 21st, 2010 – When shopping for travel insurance, people are sometimes confused as to why some plans are inexpensive but offer better benefits. This situation is common and it is not a mistake: often it means a shopper has hit the ‘sweet spot’ for that plan, advises Squaremouth.com, America’s fastest growing comparison website for travel insurance.
“Don’t be concerned that a travel insurance policy is inferior simply because it’s low-cost,” said Squaremouth’s Chief Executive Chris Harvey. “You may have qualified for the very best rate.”
Travel insurers all have an ideal customer in mind, who typically can find serious savings — but the ‘ideal’ differs from one insurer to the next, Harvey explained.
“Families with young children get the best deal from Travelex, Travel Insured and Travel Guard, because those carriers cover kids for free,” Harvey added. “If you’re traveling last-minute, look for plans from CSA because their products get cheaper, closer to departure, while other carriers price for older travelers.”
If bought from a reputable company, the quality of coverage and service are not affected by the premium cost, however, it is important to make sure the insurance carrier and agent are trustworthy. Squaremouth carefully researches each carrier and policy before allowing them on the site. The products must be a good value to the traveler and provide competitive coverage. Every carrier is rated in the A range by AM Best and they all comply with Squaremouth’s Zero Complaint Guarantee.
The Zero Complaint Guarantee entitles customers to Squaremouth’s help in mediating concerns about a carrier’s customer service, emergency assistance or claims. If Squaremouth determines that a carrier has unfairly interpreted its policy, that company will be removed from the website.
Carriers offering products through Squaremouth provide identical quality of service, regardless of policy cost, the CEO said.
Shoppers should not only review what multiple insurers have to offer, they should comb through the various policies offered by a single company, to sort out which product overall has the highest coverage limit at the lowest price.
Squaremouth offers products from the following travel insurance carriers:
Air Ambulance Card, CSA, Global Alert Admin, Global Rescue, Global Underwriters, HCC, HTH Worldwide, IMG, ITravelInsured, Medex, Medjet Assist, MH Ross, On Call International, Seven Corners, Travel Guard, Travel Insurance Services, Travel Insured, Travelers Liberty, Travelex, TravelSafe and USA Assist.
AVAILABLE TOPIC EXPERT: