The average trip cost rose 24% year-over-year from $7,794 in 2025 to $9.668 in 2026, Squaremouth reports.
In a survey from U.S. News & World Report, 34.6% of people said they are not making changes to their travel plans or behavior in response to rising prices. However, the majority of participants said they will tweak their plans to account for inflated prices by doing things like reducing their travel budget, taking fewer trips, cutting back in other areas to pay for travel, changing travel destinations or completely cancelling their summer travel.
This uptick in expenses has also led more people in the U.S. to purchase travel insurance early in their trip-planning process to protect their investment.
The average number of days between the time someone makes a trip deposit and when they purchase travel insurance dropped to 62 days this year, down from 71 in 2025. The number of people purchasing cancel-for-any-reason coverage has also nearly doubled year over year, from 6.9% last summer to 13.5% this year.
In the slideshow above, we'll look at which destinations travelers are insuring their journeys to most in June and July 2026, according to Squaremouth.
Related:
© Arc, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to TMSalesOperations@arc-network.com. For more information visit Asset & Logo Licensing.