Most times, it is very hard to locate and determine the best travel insurance companies. This is because every insurance company seems to do its best to satisfy its customers. Are you having a hard time locating the best travel insurance companies for you? There is no need to be bothered anymore.
This article will tell you everything you need to know about getting the best travel insurance for your trip. As long as you have the best, you are sure to be protected in the event that something happens during your trip. As you read on, the best companies offering travel insurance will be listed.
What is Travel Insurance?
Travel insurance is a type of insurance that offers financial aid to travelers in case something goes wrong. It ensures that issues like lost or misplaced luggage, wrong hotel bookings, or even theft, which lets you end up without your passport or money, come to your aid. Travel insurance offers different coverage, ranging from medical to dental emergencies.
Why Do I need to know the Best Travel Insurance Companies?
Knowing the best travel insurance companies helps you determine the best company to get travel insurance from. It also assures you that you will eventually get the best coverage and a reliable source of help in case anything goes wrong.
Things to Consider When Choosing the Best Travel Insurance Companies
Before you decide on the best travel insurance company for you, there are some things you need to consider. These things give you a better chance of getting the best insurance from the best companies. Consider the following factors when selecting an identification method:
- Usability.
- Depth of coverage.
- Customizability.
- Cost.
- Breadth of coverage.
As long as all these are considered and dealt with, you can now find the best travel insurance company for you.
Best Travel Insurance Companies
There are a variety of travel insurance companies to choose from. These companies are one of the top ones, with a lot of policyholders and reviews praising their reliability. Below, they are given and explained for identification.
• Allianz Global Assistance
If you travel once a year and only take one trip, Allianz Global Assistance is the best option for you. If you also do more domestic and international trips, this is still the best travel insurance company to get travel insurance from.
Allianz Global Assistance offers five different travel insurance plans for single trips, which include an emergency medical coverage plan specifically. For domestic travelers, the OneTrip Cancellation Plus plan is offered to cover trip cancellation, delay, and interruption. However, this coverage does not include emergency medical coverage or baggage loss coverage.
• USI Affinity Travel Insurance Service
When it comes to evacuation and medical plans for international travel or an annual plan with two levels of coverage, USI Affinity Travel Insurance is the best company to get insurance from. USI Affinity Travel Insurance is a very reliable insurance company that ensures that travelers, whether by air, road, or group, get insurance coverage to cover them during their trip.
This insurance company allows you to purchase insurance coverage for yourself and other travelers. You can get insurance for a group of five or more. On the other hand, USI Affinity Travel Insurance provides coverage for both trip cancellation and global travel medical.
• Travel Guard by AIG
This is yet another travel insurance company that is highly recommended for travelers. This insurance company offers comprehensive plans at four different levels. They also offer a customizable “build your own” plan.
Another type of travel insurance plan they offer is medical evacuation insurance, flight accident insurance, and annual plans. However, despite the fact that a lot of things are covered, some things are still not covered. Some of these things are baggage loss for eyeglasses, hearing aids, contact lenses, false teeth, and other events.
• World Nomads
As a traveler looking for the best insurance companies to get comprehensive international insurance plans, World Nomads is the best for you. This insurance company offers various types of travel insurance coverage. Adventure activity coverage, which includes mountain biking, trekking, and scuba diving, is offered.
This insurance company also covers your phones, cameras, and laptops. The Standard Plan is $79 and includes interruption coverage of $2,500 or less for travelers who are satisfied with trip cancellation coverage. If you all agree with this, there is no need for rental car insurance coverage; instead, you get covered by whatever you have chosen.
• Travelex Insurance Services
At Travelex Insurance Services, you’ll get a variety of travel insurance coverage options that are convenient for you. This insurance company offers two comprehensive insurance plans, customized travel coverage, and two flight insurance plans.
Trip cancellations and interruptions, round-the-clock assistance, and emergency medical and evacuation services are just a few of the perks.
They also ensure that 95.9% of claims are paid five times faster to their policyholders. Travelex Insurance Services is one of the cheapest travel insurance companies, as it allows you to spend less.
• Berkshire Hathaway Travel Protection
This travel insurance company offers three different comprehensive plans, such as cancellation, emergency travel assistance, and emergency medical coverage. They also offer higher thresholds for lost luggage and two types of travel compensation for missed connections.
At Berkshire Hathaway Travel Protection, customized coverage with add-ons such as car rental collision, sports coverage, and more is offered to policyholders. Also, this travel insurance is cheap and affordable to purchase, irrespective of what it covers.