Squaremouth in the News

MSN, Nov 26, 2020 – Travel Insurance Sales Rocket As Americans Ignore COVID Advice for Thanksgiving

MSN, Nov 26, 2020 – Travel Insurance Sales Rocket As Americans Ignore COVID Advice for Thanksgiving

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Data from insurance comparison website Squaremouth published by Reuters showed a 170 percent jump, compared with the same period in 2019, in the number of insurance plans bought for U.S. domestic Thanksgiving trips

Although overall numbers of travelers were down by around half from a year ago, in excess of 3 million people passed through U.S. airports over the weekend.

Squaremouth said the number of people seeking cover had increased 26 percent on last year.

The volume of people traveling runs at odds with advice from public health professionals. Dr. Anthony Fauci, the country’s top infectious diseases expert, told CBS News that people traveling for the holidays “are going to get us into even more trouble than we’re in right now”.

The U.S. has hit almost 13 million coronavirus cases to date, and with a second wave threatening to overwhelm health services, daily death tolls have hit their highest levels since early May.

The Squaremouth data, which is based on all travel insurance policies purchased on its website between March 12 and November 9, said among those searching for cover, 40 percent of all Thanksgiving travelers specifically looked for COVID-19 cover. In previous years primary concerns were weather and financial defaults.

Read the full MSN article online here: https://www.msn.com/en-us/money/markets/travel-insurance-sales-rocket-as-americans-ignore-covid-advice-for-thanksgiving/ar-BB1bmf4A