What travel insurance does and doesn’t cover: Here’s what to check before choosing a policy
Trip protection and policy limits
Plans can cover canceled, interrupted or delayed trips, but the amount they reimburse is capped by each policy. Travelers should confirm whether protection applies only to them or also to companions.
Trip cancellation and interruption accounted for almost 95% of travel insurance expenditures in 2024, the U.S. Travel Insurance Association reported. Coverage options can also include rental cars, groups, cruises and high-risk activities.
Medical care and evacuation
Before selecting medical coverage, check with your current health insurer about existing benefits and limits. Consider how available medical care is at your destination and whether local healthcare costs are high.
Medical evacuation coverage may help pay to transport someone who needs medical care. Travelers should review the claims process, including whether the insurer must approve care in advance.
Baggage coverage and exclusions
Policies may reimburse travelers for personal items that are lost, stolen or damaged, including costs to replace or repair them. Baggage delay coverage may require a delay lasting a minimum period, such as 12 hours.
Plans can set per-item limits and a maximum payout for all covered baggage. Jewelry and electronic devices may have lower individual limits, so travelers should read policy details and compare several options.
Key points
- Travel insurance may cover trip disruptions, baggage problems, emergency medical expenses and evacuation.
- Trip cancellation and interruption represented almost 95% of travel insurance expenditures in 2024.
- Coverage limits, exclusions and who is insured differ by policy.
- Check existing health benefits, claims requirements and baggage limits before buying.