Last Updated on 3/17/2023
You’re getting ready to plan your next vacation. You may go to Exedia.com or Orbitz.com to start pricing out those airline tickets and hotels. Depending on why you’re traveling, you might start to do some research for your destination on TripAdvisor.com or Lonelyplanet.com.
You book your trip and are getting excited! Now what? The next best step you can take is to protect the money you just spent on your booking with travel insurance. Yonder recommends skipping the airline-offered travel insurance and instead get a policy like those found on our travel insurance comparison site.
Keep reading below to learn what travel insurance covers and what it does not. Be informed and protect your family against unexpected emergencies before your trip and after you’ve departed.
Cancelling your trip can be expensive, especially if this trip is a big investment for you or your family. Unexpected events such as a loss of a job, you or someone in your family getting sick or injured, or a terrorist attack occurring at your destination are just a few that could cause you to cancel. It’s important to buy a cancellation insurance policy early. Purchasing usually within the first couple weeks of making your first deposit ensures your wallet doesn’t take a hit when life happens.
While travel insurance is an excellent form of medical coverage while you’re traveling away from home, this coverage will end, with some exceptions, when you return from your trip and walk through your front door. Insurance companies have been especially strict about staying compliant since the implementation of the Affordable Care Act.
Every travel insurance plan has a list of definitions and exclusions as to what is covered and not covered during your trip. Some lists are more extensive than others. Make sure you have a general idea of what’s included and excluded from your travel insurance before assuming coverage.
For example, if you are going on an adventure trip, there are certain policies that insure the gear you’re bringing with you and rental gear if it doesn’t make it to your destination. Renting a car during your vacation? There are some policies that provide additional rental car damage coverage if the vehicle gets in a collision or is damaged in other way.