Why a $200 Travel Insurance Policy Is Better Than a $500 Policy, Advises Squaremouth

Published by September 10, 2011

ST. PETE BEACH, FL September 10, 2011 – The recent increase of hurricane activity has many travelers inquiring about travel insurance. The most common question is why some travel insurance plans are less expensive but offer more benefits. The answer is simple, they hit the “sweet spot.” Squaremouth.com, a site for comparing and purchasing travel insurance, explains that the situation is common among travel insurance policies and simply means someone has qualified for the best rate.

“Don’t be concerned that the travel insurance policy is inferior simply because of it’s low price,” says Sarah Byrne, Marketing Manager at Squaremouth. Since travel insurance providers all have an ideal customer in mind, each product is aimed at a different demographic.This explains why some plans are less expensive but offer better benefits.

“Although the ideal customer will vary from one insurer to the next, travelers who look for their sweet spot can typically find significant savings,” says Chris Harvey, CEO of Squaremouth.

For example, someone buying a travel insurance policy close to the departure date should look for plans from CSA Travel Protection. Since CSA is the only travel insurance provider that changes the cost of their policies the closer someone is to traveling, these policies can be a better value one month before the trip versus one year before the trip.

Other travel insurance providers determine their ideal customer based on the traveler’s age, trip length and trip cost. Travelex Insurance Services, Travel Insured International and Travel Guard offer policies that cover kids for free. “Since traveling with the whole family can get expensive, it’s wise for travelers to be aware of these money saving opportunities,” says Byrne.

It is also common for travel insurance providers to target students studying abroad. iTravelInsured offers the Student Travel policy that is competitively price for someone in their 20s, however, it typically has less medical and medical evacuation coverage than many other travel insurance policies.

Whether a travel insurance policy is $200 or $500, it’s important to remember that the price of the policy does not determine the quality of coverage or service. Compare policies, if a less expensive policy has the same coverage as a more expensive policy, it’s the sweet spot.

About Squaremouth
Squaremouth is America’s fastest growing travel insurance comparison site, helping customers instantly quote, compare and buy policies from every major carrier. Squaremouth has web sites in the US and UK, and an extensive network of partner sites worldwide. The company is headquartered in St Pete Beach, FL., with offices in Fort Wayne, IN. Visit Squaremouth.com or Squaremouth.co.uk.

About our Zero Complaint Guarantee
The cornerstone of our commitment to customers is Squaremouth’s guarantee to remove any company from our website if there is a customer complaint that cannot be resolved to our satisfaction. Squaremouth offers the broadest selection of insurance with an emphasis on quality and follow-up care in companies featured. We also factor in independent evaluation from the insurance industry watchdog AM Best.

Squaremouth offers products from the following travel insurance carriers:
Air Ambulance CardCSA Travel Protection, Global Alert Admin, Global Rescue, Global Underwriters, HCC, HTH Worldwide, IMGITravelInsured, Medex, Medjet Assist, MH Ross, On Call International, Seven Corners, Travel Guard, Travel Insurance Services, Travel Insured, Travelers Liberty, Travelex, TravelSafe and USA Assist.

Sarah Byrne
Toll-free (800) 240-0369
Direct (727) 498-2866

Chris Harvey
Toll-free (800) 240-0369
Direct (727) 490-5802

U.S. travel insurance – http://www.squaremouth.com
U.K. travel insurance – http://www.squaremouth.co.uk