Travel insurance is necessary when you’re headed off on your next adventure. It can be the difference between having a great trip and having one ruined by losing your luggage or getting sick. Plus, it’s just plain smart to protect yourself in case anything goes wrong while you’re away from home. Many travel insurance companies are out there, making choosing one complex (and confusing). So we’ve researched and put together this list of the best travel insurance companies in 2022!
Trip cancellation, Trip interruption, and travel delays
InsureMyTrip is a subsidiary of TripAdvisor and has been around since 1999. It has over 30 million customers and is rated 4.8 out of 5 stars on Trustpilot. For those who are not familiar with the travel insurance world, this rating may seem a bit low—but in reality, it’s actually quite good considering that most travel insurers only receive 3-4 star ratings from their customers (and some don’t even make it to that level). The main reason for this discrepancy is that InsureMyTrip caters primarily to international travellers, who tend to have higher expectations than domestic travellers. However, if you are an American traveller looking for travel insurance coverage on your next trip abroad or if you’re interested in buying medical evacuation/repatriation coverage for your business trips abroad, I would recommend lookinguranceMyTrip’s offerings!
Allianz Travel Insurance
Emergency Hospital & Medical
If you’re looking for an insurance company with a storied history, look no further than Allianz Travel Insurance. The German-based company was founded in 1926 by industrialist Carl von Thieme and has been providing travel insurance worldwide ever since.
Allianz Travel Insurance is one of the largest providers, offering over 80 years of customer experience worldwide. They have a global presence and offer coverage for travellers from Germany to Japan—and everywhere in between!
The company offers many plans to find what works best for your travel style. Whether you prefer single trips or multi-year packages, Allianz has covered you with comprehensive programs that include medical expenses due to travel accidents and other potential issues like lost luggage and theft.
World Nomads Travel Insurance
Protects your Gear (Cover your bags, tech or gear)
World Nomads is a travel insurance company based in Australia. They specialize in offering affordable yet high-quality plans to travellers worldwide. They have many programs, including options for gap year students, backpackers, and long-term trips abroad. And though World Nomads may not be as well-known as the more prominent names like Allianz or AXA, they’re worth checking out if you’re looking for solid coverage at an affordable price point—and we mean that literally: most of their plans are less than $40 per month!
If you’re considering using World Nomads Travel Insurance but aren’t sure how they stack up against other providers on our list (or if there are any travel insurance companies worth looking into), are below…
Finest integrated medical, security, and Travel risk
If you are an adrenaline junkie, Global Rescue is a great option. The company provides medical and security support for individuals, groups and organizations worldwide. For example, they have a network of over 1,000 doctors and nurses in more than 200 hospitals worldwide. Suppose someone in your group gets injured while climbing Mount Everest or white water rafting down the Zambezi River. In that case, Global Rescue will coordinate their evacuation to a nearby hospital for treatment.
Suppose you would instead take it easy on vacation but still want to be prepared for any emergency situation. In that case, this might be the best travel insurance policy for you to consider purchasing.
BEST FOR PACKAGES OF EXTRAS
AIG Travels is a subsidiary of AIG (American International Group), which has been in business for over 100 years. They have a long history of providing travel insurance, and they’re one of the largest providers in the world. One thing that makes them stand out from other companies is their seven-day cancellation policy for all plans. They also offer 24-hour access to customer service agents via phone, online chat, and email support channels.
AXA Assistance USA
BEST FOR BAGGAGE AND PERSONAL EFFECTS COVERAGE
It’s always important to check that your travel insurance company is a subsidiary of the same parent company as your bank account. That way, if your debit card gets compromised and you need to cancel a trip because of fraud risk, it’ll be easy for them to pull funds from your account and refund them.
AXA Assistance USA offers domestic and international travel insurance for individuals and families. Their policies include emergency medical evacuation services, lost baggage reimbursement (up to $1,000), emergency dental treatment (up to $250), lost or damaged personal items coverage (up to $500) and much more.
AXA Assistance USA is part of the AXA Group which operates in more than 30 countries worldwide with over 76 million customers across their various businesses, including life insurers AXA Life Insurance Company U.S., health insurer Health Management Associates Inc., property/casualty insurer American Financial Group Inc., asset manager State Street Global Advisors LLC as well as property/casualty insurer Axis Specialty Insurance Co
Berkshire Hathaway Travel Protection
Berkshire Hathaway Travel Protection
Looking for the best travel insurance company in 2022? Look no further than Berkshire Hathaway Travel Protection. This subsidiary of the famous investment group has been offering travellers peace of mind since 2016. With coverage available for individuals and groups, we can help protect your next trip with a wide range of customized options to fit your needs.
GREAT FOR HURRICANE AND WEATHER COVERAGE
The travel insurance company you choose is a big deal. They’re not just going to cover you when things go wrong, but they can also help ensure things don’t go wrong in the first place. Cat 70 has been around for over 40 years and has built up an impressive reputation among travellers as the best choice for getting covered in an accident or injury on your trip. They provide health and medical insurance plans and coverage for baggage items lost or stolen from your hotel room or vehicle while travelling abroad.
With low premiums, excellent customer service, and 24/7 assistance available by phone or chat no matter where you are in the world, Cat 70 stands out among its competitors because it offers flexible plans tailored specifically towards travellers’ needs without sacrificing quality or affordability—which is why we’ve dubbed them “best” here at T+L!
GREAT FOR DOG OWNERS
IMG Global is a travel insurance company based in the United States that’s been in business since 2016. It has a good reputation and customer service; it also provides travel insurance for international travel.
GREAT FOR MEDICAL COVERAGE
HTH Worldwide is an American company based in New York City with more than 20 million customers worldwide. It was founded in 1876 and provides its customers with travel insurance, assistance services, and financial protection plans. HTH Worldwide is a subsidiary of Berkshire Hathaway and has been ranked number one by [INSERT TRAVEL INSURANCE COMPANY RANKINGS].
GoReady (Formerly April)
Great for Prices
If you’re looking for a travel insurance company that is enthusiastic about the workout world, look no further than GoReady (formerly known as April). As a subsidiary of Allianz Worldwide Partners and Allianz Travel Insurance, GoReady takes pride in providing quality products with the utmost care and attention to detail.
Ready has partnered with many major companies, such as Uber, Airbnb and Lyft, to ensure their customers are fully protected while travelling. In fact, GoReady was able to gain exclusive access to thousands of properties around the globe via its partnership with Airbnb, which has allowed them to offer some of the best rates on booking your next trip!
BEST VALUE FOR SUPERIOR COVERAGE
Seven Corners Travel Insurance is a subsidiary of Seven Corners Group, founded in 2016. The company has its headquarters in Tampa, Florida, with regional offices in New York City, Los Angeles, San Francisco and Washington, D.C.
Seven Corners Travel Insurance is an active member of the Travel Insurers Association of America (TIAA). This organization aims to improve travel insurance by promoting best practices among its members and developing a consistent approach to regulating the industry.
The RoamRight Company
Good for Travel Medical insurance plan
The RoamRight Company provides coverage for medical expenses, trip cancellation and interruption. This company has a 24/7 customer service center ready to assist you with any questions or concerns about your policy. They also offer a free quote so that you can see what it would cost to cover your upcoming trip. With this company, the website is easy to navigate, and their staff is amiable!
John Hancock Insurance Agency
BEST FOR AD&D COVERAGE
John Hancock Insurance Agency is a travel insurance company that offers domestic and international travel coverage. Their website states they are “the only insurer offering free, 24/7 service to customers.” They were founded in 1887 and are based in Boston, Massachusetts.
John Hancock Insurance Agency is a subsidiary of John Hancock Financial Services (JFS). JFS was founded in 1862 by John Hancock, who later went on to sign the Declaration of Independence.
These are some of the best travel insurance companies in 2022.
The best travel insurance companies are:
- Ascent Voyager is a good choice for anyone travelling around the world.
- Adventure Plan is excellent for those who want to take their families on an adventure.
- World Traveler is perfect for those who want to see a lot of the world while they’re young and healthy enough to do so.
- Worldwide Travel Insurance Co. offers policies with benefits that cover all your bases, no matter where you go or what kind of trip you’re planning on taking next year!
These are the best travel insurance companies of 2022
We’ve listed a few of the best travel insurance companies. But why do we think they’re so great? Each company offers different benefits and policies to meet your needs—and they all have great reputations.
- World Nomads: This is a good option if you need coverage for more than one month of travelling. If you only need coverage for two weeks or less, look at the other companies on this list (Expat Explorer, Travel Guard).
- InsureMyTrip: This company has an excellent reputation among customers, so it will likely be around for years to come!
We hope you’ve found this article helpful. Travel insurance is a great way to protect your holiday and make ensure covered for any eventuality. We know it can be challenging to find the right policy, especially if you don’t travel very often! But with so many companies out there offering different packages and prices, it pays to do some research before deciding which one is right for you. If none of these companies sound like what you need, please contact us directly at Info@divinetheblogger.com.
Source: As seen on Forbes, Edited By Amy Danise & Michelle Megna