Anyone who’s been following HoneyTrek knows we have our share of crazy adventures…gorge swinging over the Zambezi, rock climbing sea cliffs in Thailand, self-driving safaris in Africa, and plenty more adrenaline kicks. And while travel insurance isn’t all that sexy…having it gives you peace of mind and lets you focus on the fun stuff. Our travel style has changed over the last five years on the road, and so has our insurance. See our travel insurance reviews to find out which type is best for your lifestyle. To begin, ask yourself these questions…
What type of traveler am I?
(click your travel style to jump to the relevant section)
Regardless of your age, current health coverage, or lucky rabbit’s foot…you need travel insurance. It’s there to protect you, physically and financially, in a variety of “what if” situations: illness, injury, medical evacuation, theft, trip cancellation, flight delays, lost luggage, fender benders, busted cameras, and getting you home if disaster strikes…and it’s way cheaper than you might think. Make sure the provider you choose is backed by the US Travel Insurance Association, (full list here)
(Caveat: Even though we’ve stayed at a Holiday Inn Express…we’re not doctors or professional insurance representatives, so please use our research to inform the conversations you have with you potential insurer. Also, everyone’s situation is a little different, as are the insurance rules in your home country, so find the plan that suits you best)
A)I travel once per year for my big vacation, and I’d like insurance for my flights, hotels, and/or tour
If you save up for one big vacation per year, you don’t want anything to throw a wrench in those plans. Something might come up…i.e. you or one of your travel companions gets sick, your tour operator stops picking up their phone, your plane has mechanical issues and the cruise leaves without you, weather derails your itinerary, the airline loses your luggage, you ding your rental car…and a slew of other things that could ruin your vacation. Trip insurance can cover all of those scenarios. Head over to InsureMyTrip or SquareMouth to find the right plan for your needs. Plans range between $30-$300 depending on a variety of factors (your age, destination, cost of trip, etc). Go with a reputable company but know that higher price doesn’t always mean higher quality.
B) I travel multiple times per year for business & pleasure; I want the benefits of insurance without having to buy it each trip
You should get an annual plan. This will provide coverage for all your flights (cancellations, delays, overnights, etc), luggage (lost/damaged/delayed), electronics (broken/lost/stolen), car insurance, emergency medical care, evacuation, and a plethora of other incidents. Plus, since it’s a year-long plan, you’ll never have to debate, “Is it worth buying insurance this time?” For a frequent traveler, it’s always worth it, especially when you’re automatically covered everywhere you go, for less than one-off insurance. We originally looked into Allianz to cover our trip to Antarctica but when we realized how inexpensive it was for an entire year of coverage, we decided to go with their annual plan. The Allianz All Trips Plans cover everything mentioned above, on unlimited trips and unlimited flights, domestic and abroad. If you take 6+ business/pleasure trips per year check out the All Trips Prime Plan (~$250/year), if you take 3+ trips per year the All Trips Basic Plan is a no-brainer at only around $135/year (prices vary depending on your age and state of residence). Annual plans that came in 2nd & 3rd place were; Travel Guard TravelRite Annual & Travelex Annual Flight Insure Package.
C) I am planning for a multi-month RTW and want to be insured for any emergencies or mishaps that happen on the road
As fellow round-the-world travelers, we are so proud of you for taking the leap to travel long-term, you won’t regret it! Now, to get you insured! We polled over 100 long-term travelers for their RTW insurance of choice, and the overwhelming winner was WorldNomads. We went with their Explorer Package (it was $1,300 for us) which covers more adventure activities, like scuba diving, mountaineering, even bungee jumping. We didn’t need to make a single claim during our 675-day RTW, but one friend used it for emergency dental surgery in Thailand and another to take a last-minute flight home for a family funeral, both said WN made reimbursement a breeze. We also loved that World Nomads let’s you extend your plan with a few clicks. p.s. If you want more tips, check out a few of our RTW resources.
D) I live abroad most of the year (or) I will have regular medical needs while on my RTW
You should consider global health insurance. This serves more regular medical needs and wellness visits, in addition to emergencies. GeoBlue is a network of English-speaking doctors in 180 countries (including the USA) and their Xplorer plan covers checkups, prescription drugs, hospital care, surgery, and medical evacuation–with no cap on coverage.
BONUS: Personal Articles Insurance. If you are traveling with a lot of valuable camera/computer gear, you might benefit from “Personal Articles Coverage.” State Farm offers incredible value for the money. We got a quote of $75 to cover up to $8,000 of electronics…for an entire year (note: premiums vary by state)
Whether you are an A, B, C, or D Traveler, get yourself some travel insurance, kick back, and enjoy the ride!!!
Note: We are brand ambassadors for Allianz Travel, and we continue to work with them because of the quality of their insurance and customer care.