The highways, byways and skyways are again filling with travelers, who are now much more cognizant of the need for travel insurance, having weathered the past year. More than 70% of consumers have looked into or bought trip coverage, according to battleface Travel Insurance.

Additionally, around two-fifths of consumers reported being unaware that travel insurance is mandatory in certain countries, including Bermuda, the British Virgin Islands, the Dominican Republic, and Turks and Caicos, according to the travel insurance provider.

While many travelers have researched coverage, they likely didn't have to look much further than their billfolds as more than half of credit cards offer travel accident coverage, according to WalletHub, which reported 34% of cards offer trip cancellation coverage, 36% feature lost luggage insurance and 32% extend delayed luggage coverage to cardholders.

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Steve Hallo

Steve Hallo is managing editor of PropertyCasualty360.com. He can be reached at [email protected]

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