Traveling is a great way to learn about new cultures, enjoy breathtaking sights, sample unique cuisines, or just relax. Most consumers know that traveling requires things like airfare, hotels, ground transportation, packing your clothes, and a handful of other details. With so many things to keep track of, it’s easy to overlook what might be the most important detail of all. Smart travelers won’t go anywhere without travel insurance.
Travel insurance is a great tool to have at your disposal, for many different reasons. It’s easy to purchase from your local insurance agent, and it’s very affordable, especially when you consider the amount of peace of mind it provides. It’s a available with many different options to meet your individual travel and budget needs. Here are five reasons you should look into travel insurance before your next big trip:
Travel Insurance Is Versatile
Travel insurance started out as rather limited insurance policy. Most insurance agencies treated it as an afterthought. Television and movies depicted it as something a nervous flyer would buy at the airport. Early policies simply treated it as a strange form of life insurance. But over the past 10 years or so, the insurance industry has responded to consumer demand, and diversified coverage considerably. Your local insurance agent can now offer you everything from full blanket coverage to a limited policy with à la carte options.
Travel insurance is now available in 5 main categories. You can choose from trip cancellation and interruption coverage, medical insurance, evacuation costs if you’re injured or ill and need to come home, lost baggage insurance, and even flight cancellation insurance. Specific coverage for unusual things like identity theft is available. You can even add coverage to pay for expenses incurred if you experience delays in your trip, or your itinerary suddenly changes.
It’s easy to mix and match policies and options depending on your needs. For example, if you are traveling light, you can opt for less baggage coverage. On the other hand, if you are carrying valuable items with you, you might want more coverage for baggage.
Your Health Insurance May Not be Enough When You Travel
Many travelers believe that their existing health insurance plan covers them for any medical services. However, this is not always the case. Most health plans operate as a network service. This means that your health insurance plan only covers defined services at specified medical facilities in a predefined area. The exception to this is for emergency or urgent care.
A travel insurance plan helps to extend your health insurance to cover you outside of this network. Having this extension of your health insurance can save you large out-of-pocket fees if you need to see a doctor when you’re traveling far from home.
Standard Baggage Claims Don’t Add Up
Did you know that the U.S. Department of Transportation limits baggage claims to only $3,300.00? That may not be enough to cover the value of your belongings. That’s not all. When you file a claim with airlines, there are many deductions and disqualifications that can limit your claim, such as depreciation. Because of this, you’re likely to get back much less than you thought you would get if your bags are lost.
Travel insurance is the best way to make sure you get the proper value for your items if they get lost. Although it may not get back your favorite dress or suit, it can definitely help you get the money you need to replace it.
Feeling Adventurous? Take Some Extra Insurance Along
Some travelers have a yearning for a more adventurous trip, like scuba diving, skiing, or other adventure sports. If you’re one of them, you’ll definitely from extra coverage. Many health insurance companies specifically exclude coverage for high-risk activities like skiing and parachuting. You can add coverage for hazardous sports as an optional upgrade to your travel insurance, or look into a plan with coverage already included.
Trip Cancellations Are Covered
Travel insurance doesn’t just cover you after you leave for a vacation or business meeting. You can add options to account for delays or cancellations, too. For example, if you or a loved one suddenly gets sick a day or two before a big trip, you may need a week to recover. Your travel policy can cover the expenses incurred to change flights, hotels, and make other accommodations.
Talk to Your Insurance Agent
Travel agents sometimes offer travel insurance as part of their services. This is usually because they get a commission when you buy it. However, even though a travel agent can give you advice and information, they are not true insurance agents. Your best bet is to speak to your local insurance agent. They can offer the widest range of policies, and understand the coverage better than anyone.
If you’re in the Los Angeles area, contact Harmony Health Insurance Services for more information about travel insurance. They’ll make sure you spend all of your time enjoying your trip, instead of worrying about what might go wrong.