Tag: travel insurance coverage

Travelers Insurance Increase in California as High as Almost 27% for Some

Marc
Travelers Insurance Rates Higher

In a move that underscores the growing financial impact of climate change on the insurance industry, Travelers Insurance, one of California’s leading home insurers, has announced significant rate hikes and policy non-renewals due to increased wildfire risk. This development is poised to reshape the insurance landscape in California, signaling a critical shift as insurers deal with the escalating threat of natural disasters. Understanding the Rate Hikes The Details of the Increase Travelers Insurance, the sixth largest property and casualty insurer in California as of 2022, has received approval to raise…

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Travel insurance company identifies safest country to visit

Julie Campbell
Travel insurance - Safety and Risks

Berkshire Hathaway Travel Protection has issued its list of the nations safest for travelers Travelers these days are commonly seeking fresh new experiences outside the typical resort visit and will likely be interested to find out what results a travel insurance company has published with regard to the safest places to go. Interestingly, the US was not North America’s safest country Berkshire Hathaway Travel Protection (BHTP) recently published its yearly State of Travel Insurance report, ranking the world’s safest countries for visitors. There were 1,702 participants in the survey.  The…

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Travel insurance is increasingly popular but many vacationers remain unprepared

Marc
Travel Insurance - Are You Prepared

A recent survey shows that many people still aren’t getting coverage for their trips A recent survey conducted by CAA showed that even though travel insurance rose in popularity during and following the pandemic, there remain many people who don’t purchase any coverage when they head away on business trips or vacations. Despite the financial risks, about 40 percent travelers don’t always buy coverage This means that forty percent of travelers are inconsistent about buying emergency medical or cancellation travel insurance, or never purchase it at all. This places a…

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Is cruise travel insurance different from conventional trip coverage?

H. Cutner
Cruise travel insurance

Should travelers headed away on an ocean liner or along a river be looking into a different policy? Is cruise travel insurance any different than conventional trip coverage? After all, if there is anything that vacationers have learned since the start of the decade, it’s the importance of the right policy, so they want to be sure to get it right. Traveling on the water can be an expensive investment into relaxation, so coverage makes sense. That said, when vacationers are presented with their options, many will see that there…

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Does your next trip need vacation liability RV insurance?

Marc
RV Insurance - Vacation - Road Trip

Recreational vehicle drivers could be found at fault if an accident occurs while parked at a campsite. As road trip season is now getting well underway, many camper drivers are wondering what kinds of RV insurance they need to make sure their trips don’t come with unwanted surprise expenses. When you have a motorhome, you face different risks than those you face as a regular car driver. RV insurance isn’t the same as auto, travel, or vacation home coverage. It is a unique way to spend time on the road…

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Travel insurance companies face new challenges amid sanctions in war on Ukraine

Nordstrom
Travel insurance - Plane - words

Countries directly involved in the war or sanctions have “do not travel” warnings protecting insurers. Consumers have a lot of questions regarding the ins and outs of travel insurance at the moment, due to the sanctions and other issues surrounding the illegal Russian invasion on Ukraine. The war and the sanctions have changed the rules for some travelers and insurers are working to answer questions. The countries directly involved in the war in Ukraine have “do not travel” warnings which provide protection for travel insurance companies. That said, the sanctions…

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Travel insurance vs protection: Which one gives you the coverage your trip needs?

Marc
Travel insurance vs protection - person with luggage at airport

Understanding the difference between the two can help you to make the right choices. Whether you’re headed on vacation or a business trip, the travel insurance vs protection debate can seem like a confusing one. This is particularly true if you don’t know how they’re similar and what makes them difference. To start, it’s important to know that there is a difference between a policy and a plan. The difference between travel insurance vs protection is important enough that if you make a mistake, you may think you have coverage…

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