May/June 2022 Issue
After more than two years of canceling or delaying travel plans, record numbers of Americans have booked trips for 2022. Travel is booming, but many vacationers want to be sure their hard-earned money won’t be lost because a trip is delayed or canceled—or if they become sick while away from home.
Roughly 87 percent of Americans expect to travel this summer, and according to a March 2022 report by travel market research firm Destination Analysis, 56.5 percent of U.S. travelers say they want to plan trip details more carefully. And to ensure a smooth trip, many are also buying travel insurance to protect their precious vacation dollars—far more than in the pre-pandemic era, according to the New York Times.
The pandemic reinforced awareness that travel arrangements can change quickly. No matter the circumstances, protecting yourself with travel insurance is wise. But what type of insurance is best? Policies can cover everything from flight cancellations and travel delays to medical expenses and baggage loss. Here are some things to consider before you buy.
1. Find out what’s covered.
Travel insurance plans vary widely and are based on state regulations, according to AAA Travel Product Marketer Dona Ortega. Talk to counselors so you can determine what you need and what you don’t need, and take a thorough look at any policy you’re considering. The travel insurance industry has rolled out policy enhancements to provide coverage due to cancellations, interruptions, and medical emergencies caused by a pandemic-related illness or issues such as mandatory quarantines. While most travelers worry about trip delays and cancellations, there are other issues that can affect your journey, so working with a travel consultant can be beneficial to ensure you’re properly covered.