Travel Insurance Reviews & FAQ: Everything You Need to Know
We’re strong believers in travel insurance. In the same way you’d insure your home, your health or your car, you want to insurance your trip with travel insurance. It could save you thousands—or even hundreds of thousands—of dollars.
Anything could happen while you’re abroad (which is kind of the point of travel, isn’t it!?). Whether your flight gets delayed or canceled, you lose your luggage, your camera gets stolen, or you break a bone and end up in the hospital, travel insurance covers it all.
There are a lot of travel insurance companies out there (and a lot of fine print to read), but here at TravelFreak, we recommend World Nomads as the best overall travel insurance company. They’ve been an industry staple for 17 years and have the track record to prove it.
There are a lot of travel insurance companies out there, and it can be difficult to know which one to pick. We’ve compiled, reviewed, compared and rated the best ones! Browse through some of our individual travel insurance reviews and comparisons below.
If your policy includes lost baggage protection, then you are covered. Your insurance policy covered your belongings from the second you depart for your trip onward. There is usually a reimbursement maximum. So check your provider’s maximum policy coverage.
Does travel insurance cover laptop theft?
While most policies cover theft, there is usually a reimbursement limit for specific items. This per-item maximum limit might not cover the original cost of your laptop. In short, you’ll get back the most money possible, but it might not cover all of the damage done.
Does travel insurance cover accidental damage?
Accidental damage is usually covered by your lost luggage protection, even if that damage was done by you. However, you will still only get reimbursed the maximum per item amount.
Are personal belongings covered under travel insurance?
Yes, your lost luggage policy will cover lost or damaged personal belongings. The providers mentioned above offer some of the best baggage insurance available. As soon as you have departed for your trip, you’re covered in case any items are stolen, lost or broken along the way.
Is stolen money covered under travel insurance?
This depends on your insurance provider as well as your insurance policy. While you might receive a certain amount back, it’s likely not going to be very high. Also, keep in mind that most top travel insurance providers probably won’t reimburse money that was lost or stolen through negligence. You need to have an adequate reason in order to claim stolen or lost cash.
Is a stolen wallet covered under travel insurance?
You may or may not be covered for the cash stolen in the wallet, but the wallet itself is covered under your lost luggage policy. In other words, your actual belongings will be covered, but not necessarily the money inside them.
Does travel insurance cover stolen luggage?
Yes, travel insurance covers stolen luggage if you have a lost luggage policy. Depending on your policy, you may be reimbursed anywhere from $50 per bag to $1,000 for all your personal belongings.
Does travel insurance cover damaged luggage?
Just like stolen luggage, travel insurance should cover any damage to your luggage or property. Damaged luggage is often categorized as lost baggage in your policy.
Is a lost phone covered under travel insurance?
Some policies include lost phone protection, some don’t. If your policy does cover lost phones, it still may be subject to the per item maximum limit.
Are cameras covered under travel insurance?
If you damage or lose your camera equipment, your lost baggage and also your personal belonging coverage will kick in. If you are traveling with high-end or expensive camera equipment, then it might be worth your while to purchase separate gadget insurance with InsureMyEquipment.
Whether or not you have camera insurance for your travels, I recommend getting a high quality camera backpack to help keep your equipment safe.
How long do travel insurance claims take?
Depending on your company, getting reimbursed can happen anywhere from 5 business days to several weeks. In order to prevent any delays, make sure you submit as much documentation and also information as possible with the claim.
How long do you have to make a travel insurance claim?
The timeframe to submit a travel insurance claim varies depending on your travel insurance provider. The average window is between 10 and 60 days. You should always submit your claim as early as possible in order to avoid any hassles.
Can you fly without travel insurance?
Of course; you’re free to travel anywhere in the world without travel insurance. However, travel insurance will protect you in all situations whether you’re staying in the country or traveling abroad.
While you might not need emergency medical coverage when traveling domestically, you should still consider a policy that covers lost or stolen property. If you choose to forgo travel insurance when traveling, remember that you will need to pay any fees, bills or incurred costs directly out of pocket.