Travel insurance is popular, coverage not so much
Filed under: Europe, North America, United Kingdom, United States, Travel Security
Call it hedging a bet, playing it safe or now just part of the deal, more people are buying travel insurance than ever before, and they have some good reasons. Earthquakes, floods, ash clouds, civil and political unrest along with snowstorms, fear of pirates and scary things that go bump in the night all seem to play into making what was commonly a "no" decision a "yes, absolutely" when it comes to buying travel insurance. Buying travel insurance is popular but coverage varies and knowing the details of your policy is important. "2010 certainly raised people's awareness of the value of travel insurance," Dean Sivley, chief executive of the travel insurance company Travel Guard told the New York Times. "Yes, more people are booking travel insurance. But yes, we also paid out more claims in 2010 than would be typical. Hopefully, we won't have a lot more years like 2010."
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Travel insurance is popular, coverage not so much originally appeared on Gadling on Sun, 03 Apr 2011 11:00:00 EST. Please see our terms for use of feeds.
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