Best Travel Insurance Companies of 2024

Travel insurance is an essential consideration for any traveler looking to protect their financial investment in a vacation. With a multitude of travel insurance companies available, choosing the right one can be daunting. This guide provides an overview of the best travel insurance companies of 2024, highlighting their unique offerings and what makes them stand out.

Top Travel Insurance Companies

• Rating: 4.8
• Best For: Overall Coverage
• Highlights:

1. • • Offers Travel Basic, Travel Select, and Travel America plans.
     • 100% trip cancellation and 150% trip interruption coverage.
     • Up to $1,000 for lost or stolen baggage, $200 for luggage delays.
     • $50,000 in emergency medical and dental coverage.
     • $500,000 in emergency medical evacuation and repatriation.
     • Covers children 17 and younger traveling with an insured adult at no additional cost.
     • Customizable upgrades including car rental coverage and accidental death insurance.

• Rating: 4.3
• Best For: Trip Interruptions
• Highlights:

1. • • Offers 10 different travel insurance plans including OneTrip Basic, OneTrip Prime, and OneTrip Premier.
     • Up to $200,000 in trip cancellation and $300,000 in trip interruption coverage.
     • $2,000 for lost or stolen luggage, $600 for baggage delays.
     • Up to $75,000 in emergency medical coverage.
     • Epidemic coverage and annual multi-trip policies available.

• Rating: 4.2
• Best For: Groups
• Highlights:

1. • • Provides medical-only coverage, standalone trip cancellation, and comprehensive single-trip plans.
     • Preferred plan offers 100% trip cancellation (up to $50,000) and 200% trip interruption coverage.
     • $500,000 in coverage per person for sickness and accidents.
     • Group discounts available for five or more travelers.

• Rating: 4.2
• Best For: Cost
• Highlights:

1. • • Offers a variety of plans including budget-friendly options and premium plans.
     • 100% trip cancellation and 150% trip interruption coverage.
     • $500 for lost or stolen baggage.
     • $100,000 in emergency medical coverage including COVID-19 related issues.
     • 24-hour assistance for emergencies.

• Rating: 4.2
• Best For: Families
• Highlights:

1. • • Offers Annual Travel Plan, Pack N’ Go Plan, and single-trip plans (Essential, Preferred, Deluxe).
     • Family coverage included for children 17 and younger.
     • Trip cancellation and interruption coverage up to 150%.
     • $100,000 in emergency medical coverage.
     • Easy online claim filing and status checking.

• Rating: 4.2
• Best For: Last-Minute Travel Insurance
• Highlights:
• • • Offers cruise insurance, annual trip insurance, and single-trip insurance (Essential, Prime).
    • Trip cancellation up to $30,000, interruption up to 200%.
    • $2,000 for lost or stolen baggage.
    • $150,000 in emergency medical and dental coverage.
    • Cancel for any reason (CFAR) add-on available.

• Rating: 4.1
• Best For: 24/7 Support
• Highlights:
• • • Offers travel insurance for U.S. residents and visitors to the U.S., including students and groups.
    • Trip Protection Choice plan offers comprehensive coverage.
    • $250,000 to $500,000 in emergency medical coverage.
    • Customizable add-ons including rental car coverage and CFAR.
    • 24/7 customer service via text, Whatsapp, email, and phone.

• Rating: 4.1
• Best For: Medical Emergencies
• Highlights:

1. • • Offers Standard, Preferred, and Premium plans.
     • Premium plan includes 100% trip cancellation and 175% trip interruption.
     • $250,000 in medical and dental coverage.
     • Easy online quote and claim filing.

• Rating: 4.1
• Best For: Specialized Coverage
• Highlights:
• • • Offers ExactCare Value, ExactCare, and ExactCare Extra plans.
    • Specialized plans for flights, cruises, adventure travel, and road trips.
    • $50,000 in medical coverage.
    • Fast claim processing.
    • 24/7 worldwide travel assistance.

Frequently Asked Questions

1. When should I buy travel insurance?
   • Ideally, purchase travel insurance shortly after booking your trip to secure lower pricing and more comprehensive coverage.
2. Where can I buy travel insurance?
   • Travel insurance can be bought directly from providers like Allianz or Travelex, or through comparison websites like TravelInsurance.com, Squaremouth, and InsureMyTrip.
3. How do I file a travel insurance claim?
   • File a claim by providing details of your trip, documentation of your loss, and any necessary receipts. Most companies allow claims to be filed online, by phone, or via fax.
4. How long do travel insurance claims take to process?
   • Claims typically take four to six weeks to process, though high volumes of claims may extend this timeframe.
5. Do I need insurance to travel?
   • While not legally required, travel insurance is highly recommended to protect against unexpected events that could result in financial loss.

For more detailed information and to compare quotes, visit U.S. News Best Travel Insurance.