From epicurean travelers to budget-conscious backpackers, investing in a travel insurance policy is, without a doubt, very important for all kinds of traveler. Since a weeklong vacation may easily cost a fortune, buying an insurance policy can greatly help travelers protect their investment. With a travel insurance policy, a traveler gets to protect him or herself from an array of unforeseen events, such as disasters, trip delays, flight cancelations and a whole lot more. Plus, it gives the traveler a peace of mind, as he or she wanders around, and enjoys the lovely tourist offerings of a destination.
Even though a travel insurance policy may come in handy for trips abroad, a lot of travelers shy away from this form of insurance. Normally, these policies come at a very hefty price tag, discouraging travelers from buying it. But as a traveler, you don’t need to spend a lot of money in order to acquire a good travel insurance policy. To save money from your travel insurance, take a look at these five secrets from Navigator Travel for the best travel insurance deal.
Secret number 1: You don’t need to buy a comprehensive policy
A lot of Insurance experts would advice travelers to purchase the most comprehensive insurance policies for their trip. For the most part, these policies include more than just emergency medical, lost baggage, trip delay and trip cancellation. Sadly, comprehensive travel insurance policies don’t usually appeal to backpackers and budget-conscious travelers, as they cost a lot of money. The more comprehensive your policy, the more money you will be paying for your plan.
But as a traveler, you don’t need to buy a comprehensive policy for your trip. To save a little cash from your insurance, you just have to tailor your policy and coverage based on your health, age, and the kinds of activities you will be engage in.
Secret number 2: You may be already covered from your other policies
Check your current credit card coverage as well as home insurance policy, before you buy travel insurance. You may be already covered for lost luggage, canceled tickets and medical expenses.
Secret number 3: Read everything thoroughly
Before you sign the policy, make sure to read everything thoroughly, and find out if there are unnecessary coverage plans included in your policy. Otherwise, you might end up paying for something that is of no use for your trip. There are some travel agents that would instill extra coverage plans to your policy, to earn higher commissions.
Secret number 4: Policies offered by travel agents are expensive
Don’t buy travel insurance from a travel agent or airline since the policies offered by these agencies can cost you a great deal of money. Instead, buy it directly from a licensed insurance provider. Basically, travel agents are just middlemen who earn commissions from the policies they have sold.
Secret number 5: Free quotations are available online
Take advantage of your internet connection, and look for the best travel insurance deals on the internet. Today, there are a lot of websites that provide free quotations to travelers who are seeking good deals for travel insurance. With these sites, rest assured that you can find the best suited and most affordable deal for your travel insurance. By the way, the quotes offered by these sites are free for the taking, helping you reduce your cost from your travel insurance policy.