Don't be thrown off guard by a cheap travel insurance price

Many people are thrown off guard by the cheap prices of travel insurance, but it’s important not to be. If you’ve done your research and selected a travel insurance plan that delivers the coverage you need and the price is reasonable, even cheap, it just means you’ve qualified for a good rate.

Travel insurance can be quite comprehensive for the price.

For example, if two travelers from Kansas, ages 32 and 36 find a great package deal on a week in Scotland for $3,000, they can have comprehensive travel insurance coverage for just $154 more. We ran these trip details through our travel insurance comparison tool and found a Travel Select plan from Travelex that includes:

100% trip cancellation
150% trip interruption
$50,000 per person primary emergency medical
$500,000 per person emergency medical evacuation
$750 per person travel delay
$250 per person baggage

That’s a lot of coverage for the price. And this particular plan covers terrorism, financial default, loss of employment, missed connections and more. Of course, this is just one trip example and one travel insurance example, and every trip and every traveler is different.

You can always see plan and pricing information with our travel insurance comparison tool by entering your basic trip details, and clicking go.

Our cheap travel insurance recommendations

The following are our recommendations for getting an adequate, but perhaps cheap, travel insurance plan:

We recommend choosing an amount of travel medical coverage based on an assessment of your travel medical needs.
We also recommend not over-spending on your travel insurance plan. See our 5 Rules for Saving Money on your Travel Insurance Plan for details.

And don’t worry if you initially purchase the wrong policy - travel insurance plans come with a review period of 10-14 days and during that time, you can make changes to your plan and even cancel it (for a small fee).

It works the same as Expedia when you buy plane tickets. You enter a few trip details and get prices from all companies at the same time. Then, you can narrow down your choices and make the right selection