Americans Don’t Know Much About Travel Insurance

July 11, 2013, Written By Natalie Rutledge

According to a recent survey,  49% of American’s are unsure about what travel insurance covers. That’s not good for the travel insurance industry, considering that we’re in the middle of vacation season.

The objective of the survey by the Princeton Survey Research Associates International was to see if Americans thought that travel insurance was worth the cost, and the results were quite surprising.

Only 21% of the respondents had ever purchased travel insurance. Of those people, one out of every three said that they purchase travel insurance on a regular basis. 52% of the people who did so because they felt they may cancel their trip, 27% due to the medical coverage, and 20% had another reason.

Along with the 49% who were unsure what it covered, nearly half of the participants said travel insurance was not worth the cost.

When booking another vacation, make an informed decision about travel insurance. Carefully read the terms and conditions of the proposed policy. In addition, look at the feedback from past policyholders to learn from their experiences. These policies sometimes offer more than you realize but, then again, they may not be right for you.



The information contained within this article was accurate as of July 11, 2013. For up-to-date
information on any of the terms, cards or offers mentioned above, visit the issuer's website.


About Natalie Rutledge

Natalie Rutledge majored in Communications at Mississippi State University. She was in sales for a number of businesses and spent nine years working as a communications advisor to various entities. Natalie can be contacted directly at [email protected]
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