13 Best Travel Insurance Companies/Services
Many travellers believe that nothing can go wrong during their journey as long as they are well and have prior travel experience. There are times when you could get sick, hurt, have your flight cancelled, or even have your luggage taken. Travel insurance provides peace of mind to the traveller by assisting with the payment of such charges without having to worry about losing money.
There are numerous travel insurance companies for travellers to choose from while factoring cost and offerings as a major determinant for their preferred choice. Based on research we will be discussing the 10 best travel insurance companies in America:
Summary List of Best Travel Insurance Companies
This is one of the largest and most trusted travel insurance company in the world. There is a wide range of travel insurance packages to choose from ranging from group trips, individual trips and yearly coverage. It is also known for its excellent 24hours customer service.
Here are some pros and cons of Allianz Travel Insurance:
Pros and Cons of Allianz Travel Insurance
| Pros | Cons |
|---|---|
| Broad coverage | Its more pricey than other travel insurance companies. |
| Abundant coverage limits | Low medical limits of $50,000 as against $100,0000 from other travel insurance companies. |
| Lots of optional benefits | |
| Good customer service |
To read more visit here
This is a predominant choice for travellers who are seeking affordable and a wide range of coverage. It offers packages for adventurous travellers, budget travellers and also families. It is well known for its adaptable coverage options that lets you buy coverage even while on a trip.
Here are some Pros and Cons of World Nomads Travel Insurance:
Pros and Cons of World Nomads Travel Insurance
| Pros | Cons |
|---|---|
| Very Affordable | A lot of pre-existing medical conditions are not covered. |
| Flexible coverage options | Difficulty getting compensations |
| Broad coverage | Rigorous claim process |
| Good customer service |
For more information and pricing visit here
IMG specializes in providing travel medical insurance to individuals, families, and groups who are traveling, studying abroad, or even living abroad. IMG insurance is one of many suppliers from which to select, and offers multiple insurance options. These consist of both immediate and long-term policies.
Here are the Pros and Cons of IMG Travel Insurance:
Pros and Cons of IMG Travel Insurance
| Pros | Cons |
|---|---|
| Customizable medical coverage | Claims process can be lengthy |
| Long term coverage | Has lesser travel insurance package plans |
For more information click here
This is another traveller’s choice when it comes to comprehensive coverage and excellent customer service. They offer a variety of travel packages ranging from solo trips, group travel and annual coverage. They are also known for their generous coverage limits and wide range of benefits.
Here are some pros and cons of Travel Guard Travel Insurance:
Pros and Cons of Travel Guard Travel Insurance
| Pros | Cons |
|---|---|
| Generous coverage limits | Emergency Medical coverage of its basic plan is lower than other travel insurance plans ($15K) |
| Good customer service | Can be more expensive than other travel insurance companies due to variables like age, travel destination and coverage Ad-on. |
| Lots of optional benefits |
For more information click here
AAA offers travel insurance policies in partnership with Allianz. For AAA members who want basic travel insurance protections along with other travel-related membership advantages like exclusive vacation packages and hotel discounts, AAA travel insurance can be a smart choice.
Here are the Pros and Cons of AAA Travel Insurance:
Pros and Cons of AAA Travel Insurance
| Pros | Cons |
|---|---|
| Special benefits and coverage available to AAA members. | Low coverage limits for medical insurance. |
| Family Care plans provide free coverage for children under the age of 17. | More expensive than average |
For more information click here
This is another top provider of both domestic and international travel insurance. They boast of over 55 years of experience as a company that is sincerely concerned about your adventures. They are known for their comprehensive packages and affordable price.
Here are some pros and cons of Travelex Insurance:
Pros and Cons of Travelex Insurance
| Pros | Cons |
|---|---|
| Broad coverage options | Its more pricey than other travel insurance especially if you are on a tight budget. |
| Variety of optional benefits | |
| Affordable price | |
| Excellent Customer Service |
To know more click on this link
It was founded in 2014, Tin Leg is a travel insurance company based in the United States. It offers a customized coverage for a wide range of passengers. Tin Leg travel insurance can safeguard your journey whether you’re traveling locally or abroad, by vehicle, aircraft, train, or any combination of these modes of transportation. The company provides insurance against lost luggage, medical problems, and cancelled trips, among other things.
Here are the Pros and Cons of Tinleg Travel Insurance:
Pros and Cons of Tinleg Travel Insurance
| Pros | Cons |
|---|---|
| A huge selection of travel insurance packages. | Compensation for baggage loss is below average |
| Specialized covers for luxury and adventure travel | Limited add-ons available |
For more information click here
This is another trusted player in the travel insurance industry. it also offers travel medical insurance, student travel insurance, annual travel insurance and group travel insurance. They are known as the traveller’s companion with over 25 years of experience in the industry.
Here are the Pros and Cons of Seven Corners Insurance:
Pros and Cons of Seven Corners Insurance
| Pros | Cons |
|---|---|
| Personalized Solutions | Limited travel packages |
| Excellent Customer Service | Not available for all destinations |
For more information click here
This was established in 1922 by a cohort of officers from the United States Army, USAA is a reputable Fortune 500 enterprise, boasting over 13 million members as of 2020. United States Army Associates (USAA) provides insurance products to individuals and families who are now serving or have served in the armed forces.
Here are the Pros and Cons of USAA Travel Insurance:
Pros and Cons of USAA Travel Insurance
| Pros | Cons |
|---|---|
| Flexible packages with several optional add ons | Not available to everyone, must have served in the US Armed Forces service |
| Medically focused policy option | Cannot get policy quotes as a non-member |
For more information click here
Travelers can choose from a variety of options and extensive coverage from one of the most well-known travel insurance providers in the world, John Hancock Travel Insurance. You can select from a range of programs with John Hancock to best meet your unique requirements.
Here are the Pros and Cons of John hancock Travel Insurance:
Pros and Cons of John hancock Travel Insurance
| Pros | Cons |
|---|---|
| Offers highly competitive travel insurance coverage for cancellation, interruption and delays | Can cost more than competitors’ plans because of superior benefits |
| Has premium medical evacuation benefits with the Gold Plan | Baggage delay reimbursement requires a 12-hour delay |
For more information click here
Here are other travel insurance companies that you can checkout and read up about:
How to choose the best Travel insurance plan
Here are 3 things to have in mind while choosing a travel insurance plan:
- What type of trip you are taking: The type of trip you are taking determines the type of travel insurance plan you will purchase. If it’s an adventure trip that involves rigorous activities you will need to purchase a plan that covers high-risk activities. Also, if it’s a family vacation, you will need to purchase a plan that covers your whole family.
- Where is your travel destination: Medical costs vary in different countries. When you are travelling to a country with expensive medical costs, you will need to purchase a package that provides adequate medical coverage.
- What is your budget: Comparing prices is important as the cost varies for different travel insurance companies. You will need to go with a travel insurance that adequately suits your budget.
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