If you’re planning an expensive or an international trip, especially during the COVID-19 pandemic, travel insurance is a must.
“Travelers are able to insure any prepaid, non-refundable trip costs and they can typically decide if they would like to insure all, some or none of their trip costs,” says Kasara Barto, a spokesperson for Squaremouth, a travel insurance provider.
“However, there are some benefits, including pre-existing condition coverage and cancel for any reason coverage, that may require travelers to insure 100% of their prepaid and non-refundable trip costs. If travelers are looking for those coverages specifically, they will need to insure all trip costs—including flights and hotel.”
See Forbes Advisor’s ratings of the best cancel for any reason travel insurance.
Filing a Travel Insurance Claim Can be Easier with One Point of Contact
If you’ve bundled all your travel, such as land and air, you can communicate with only one provider if you have a travel insurance claim. This makes for a streamlined and efficient claim.
“If travelers insure all portions of their trip separately, they may have to file multiple claims with the different providers,” cautions Barto.
To stop from spending more than necessary on a policy, Squaremouth recommends that you only insure the expenses you would lose if you can’t take your trip. For example, if a hotel requires a 50% penalty to cancel a hotel reservation, travelers should insure just that amount, rather than the full cost of the hotel.
Read the full Forbes article online here: https://www.forbes.com/advisor/travel-insurance/bundle-flights-land/