As the calendar flips over to May, many people have started planning their summer vacations. Some will choose a trip to the seashore, others will opt for the mountains. But wherever they go, the fear of bad weather is their No. 1 concern, according to a recent survey from InsureMyTrip.
The InsureMyTrip research team asked licensed insurance agents from the company to tell them the top reasons why travelers purchase travel insurance for trips they plan to take between June and September. The agents surveyed respond to all phone, email and chat inquiries from customers who are concerned about their travel plans.
Here is the list of reasons, in order of importance, from the survey:
- Hurricanes or bad weather affecting travel plans
- Concern over coverage for a vacation rental
- Health issues affecting travel plans
- According to InsureMyTrip, 80% of customers will purchase a comprehensive policy for summer travel. Such policies generally provide medical coverage, emergency travel services, baggage protection, trip cancellation and trip interruption coverage.
Cancellation policies
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Rosalie Donlon
Rosalie Donlon is the editor in chief of ALM's insurance and tax publications, including NU Property & Casualty magazine and NU PropertyCasualty360.com. You can contact her at [email protected].
