ST. PETERSBURG,
Fla., Aug. 22, 2024 /PRNewswire/ -- In a
recent Squaremouth survey of more than 1,600 travel insurance
customers, 75% of respondents said they were more concerned about
protecting their trip costs this fall compared to previous years.
This amount of concern may be attributed to the impending Flu
season, frequent airline disruptions and a record-breaking
hurricane season.
Squaremouth.com, the nation's leading travel
insurance marketplace, shares the most pressing concerns among
travelers as we close out this expensive and tumultuous summer
travel season.
1. Getting Sick or Injured While
Traveling
64% of travelers reported their biggest concern is
getting sick or injured during their trip. Since many primary
health insurance plans don't provide international coverage,
receiving medical treatment abroad can result in high out-of-pocket
expenses.
- Squaremouth Tip: Look for a plan with at least
$50,000 in Emergency
Medical coverage and at least $100,000 in Medical Evacuation coverage. More
coverage may be necessary if you are traveling to a remote
destination or have an action-packed itinerary.
2. Canceling A Trip
16% of travelers
reported they were most worried about having to cancel their trip
prior to departure. With average fall trip costs up 36% over last
year to a staggering $8,056 per trip,
travelers are growing increasingly concerned about protecting their
costly trip investments.
- Squaremouth Tip: By covering your trip cost, your
policy will include Trip Cancellation with coverage for unforeseen
medical emergencies for yourself or a loved one and inclement
weather that occur prior to your departure date. This benefit can
reimburse up to 100% of your prepaid, non-refundable trip costs if
you are forced to cancel your trip due to unforeseen reasons.
In addition to Trip Cancellation, comprehensive policies will also
include coverage for Trip Interruption, and the option to add
on Cancel for Any Reason coverage for an added fee.
3. Travel Delays & Missed
Connections
10% of fall travelers stated their primary
concerns involve airport delays, missing a connecting flight or
losing their luggage. While there's no way to guarantee your flight
will leave on time, travel insurance can help protect you
financially and make delays more comfortable.
- Squaremouth Tip: Travel Delay coverage can
refund meals and hotels if your flight is delayed for at least 3-12
hours, and may even cover the additional costs paid to catch up to
your destination. Look for a policy with the shortest delay time
required for coverage.
Squaremouth polled more than 1,600 customers
regarding their upcoming fall travel plans to determine the current
trends among travelers buying travel insurance. The survey was sent
to all Squaremouth customers between
08/4/2024 and 08/21/2024.
Available Topic Expert: Jenna Hummer is available for comment and
interview. jhummer@squaremouth.com
About Squaremouth:
Squaremouth.com has insured over 3 million travelers. Using
Squaremouth's intuitive quoting and comparison engine,
award-winning support team, and verified customer reviews, travelers
can save time and money to find the best travel insurance policy for
their trip.
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SOURCE Squaremouth