Do I need travel insurance? We get this question often. Here’s our answer: When planning for that vacation, business trip, school trip or perhaps a honeymoon, travel insurance is such a low cost way to add additional peace of mind that you’ve covered everything and can enjoy your trip! That being said, there are times when travel insurance isn’t crucial.

Travel expert Rick Steve’s says “For some travelers, insurance is a good deal; for others, it's not. What are the chances you'll need it? How willing are you to take risks? How much is peace of mind worth to you? Take these considerations into account, understand your options, and make an informed decision for your trip.”

We couldn’t agree more! That’s why we’re here to help you research the different types of travel insurance options and determine your own level of risk and security for each individual trip.

Wanderlust Travel Magazine shares several real life situations in which not having travel insurance cost various individuals thousands of dollars. One example: A scheduled flight, stretcher and doctor escort from Australia can cost £15-20,000! Hospital costs in France can average $853 per day. Read more here for helpful information on why you should get travel insurance.

When travel insurance isn’t necessary

There are some travel experiences in which additional insurance isn’t a necessity. If you’re traveling domestically on a low budget flight and staying with relatives, it’s unlikely that something could go wrong. You’re probably ok without it if you get a cheap, last minute deal on flights as well.  

When you absolutely need travel insurance

We recommend adding travel insurance on all other trips. Especially the following:

• International travel

• Adventure travel

• If you think you may need to cancel your trip

• Traveling with a chronic medical condition

• Traveling with valuable items

• Costly trips

• For emergency medical security

• For protection in case of flight accidents

• For baggage loss or delays

• For possible emergency evacuation due to natural disaster or terrorism.

We hope this resource is helpful to you and we’ve helped answer the question ‘do I need travel insurance’. You can quickly and easily find and purchase the right travel insurance plan for your trip here! Happy traveling!