ST. PETERSBURG, FL July 10 2013 – According to Squaremouth, America’s fastest growing travel insurance comparison site, it is too late to purchase travel insurance for Tropical Storm Chantal. Weather-related claims on any policies purchased after the storm was named on Sunday, July 7, may not be paid.
Chantal is forecasted to make landfall in the Caribbean and could potentially reach southern Florida by the end of the week. This is a good time to remind travelers what to consider when buying travel insurance during hurricane season.
Anticipate the Unexpected
Those traveling to areas in potential storm paths should consider the impact of bad weather on travel plans since plenty of time remains this hurricane season for tropical systems to develop. It is vitally important to have travel insurance coverage in place before any storm is named.
“Planning ahead is crucial to making travel insurance work in your favor,” says Chris Harvey, CEO of Squaremouth.
Examine Policy Benefits
When selecting a policy, look for hurricane and weather coverage under the Trip Cancellation and Trip Interruption benefits. To avoid confusion over coverage, examine policy benefits and limitations closely. Some policies may simply cover inclement weather that disrupts travel. Others may only provide coverage if travel delays or cancellations last 24-48 hours.
If a storm has already been named, it’s too late to purchase a policy for the weather benefits. One of the most important elements of hurricane and weather coverage is when you buy. When purchased ahead of time, travel insurance can help recover financial losses due to storm-caused delays and cancellations.
“One of the biggest mistakes people make is waiting until a storm hits to buy insurance,” says Harvey. “It’s important that travelers understand when to buy and when it’s too late.”
Squaremouth is a website that compares travel insurance products from every major U.S. travel insurance provider. Established in 2006, the company has grown from $1 million in sales to $10 million in 2012. Squaremouth is headquartered in St. Petersburg, FL, with offices in Fort Wayne, IN. More information on Squaremouth and its network of providers can be found at www.squaremouth.com.
About our Zero Complaint Guarantee
The cornerstone of Squaremouth’s commitment to customers is their Zero Complaint Guarantee. If a customer feels their claim is handled unfairly, Squaremouth will mediate on their behalf. Any provider with a customer complaint that cannot be resolved with complete satisfaction will be removed from the website