Insured air travel trips increased by 43% in 2018. Bad weather andother factors are making insurance a good investment for travelers.(Photo: Shutterstock)
With the frigid temperatures covering much of thecountry, a trip to warm locale just might be in order. Travel,whether for business or pleasure, has grown in popularity andGenerali Global Assistance's Travel Insurance division recentlyshared insights on the trends it observed in 2018.
Travelers spent approximately 5% more on the cost of an averagetrip, coming in at $1,976.83 last year. For those who wanted toinsure their trips against the unexpected, the average premiumremained the same as in 2017 – $139 per trip. Travelers spent anaverage of nine days on their trips, which has remained the samefor the last three years.
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Patricia L. Harman
Patricia L. Harman is the editor-in-chief of Claims magazine, a contributing editor to PropertyCasualty360.com, and chairs the annual America's Claims Event (ACE), which focuses on providing claims professionals with cutting-edge education and networking opportunities. She covers auto, property & casualty, workers' compensation, fraud, risk and cybersecurity, and is a frequent speaker at insurance industry events. Contact her at [email protected]
