The less you want to cover for your holiday or other trip away from home, the cheaper the travel insurance may be, but there’s a fine line between cutting costs and cutting corners… corners you may well need if it comes to the crunch! So, take a moment to think about what you really need your insurance to include. If you won’t be going on a cruise, then you won’t need that in your package; the same goes for winter sports. Work through your trip and evaluate what factors come into play. Personally, I wouldn’t travel without medical cover, cancellation cover, baggage loss, and travel disruption as a bare minimum, but I certainly welcome other cover options to ensure I don’t get left stranded. You can also evaluate, for example, how much it would cost to replace your baggage and personal items and get cover that you think will suit you best in that respect once you’ve weighed up all the other cover levels.
While cheap travel insurance may not be the best option, there are ways to get the most out of your travel insurance. For example, getting your travel insurance as soon as you’ve booked your trip means that if anything happens—flights get cancelled, holidays postponed, you get ill, or a whole range of circumstances that are outside of your control—then you’re covered. If you get your insurance last minute, it won’t cover you for anything that has happened to your trip previously, and unfortunately, it’s far too common that this is the case.
Cheap Travel Insurance: Is It Any Good?
As with most things, when it comes to cheap travel insurance, it depends. For example, at loveit coverit, our prices are very competitive and provide a highly affordable travel insurance option compared to other providers. The factors you need to consider when comparing cheap travel insurance are what the insurance covers, excess fees (the amount you pay when you make a claim), medical and repatriation coverage (getting you back home), cancellation cover, disruption, personal baggage loss, theft or damage; the list goes on! The bottom line is that the lower the cost of travel insurance, the less coverage you’ll get, and the less reliable the service is likely to be, from start to finish—from the website where you purchase the insurance to the claims process should the worst happen. For example, when it comes to our travel insurance products, not only do we have one of the easiest travel insurance quote experiences around (try our travel insurance quote here), but we also have an award-winning customer service team, a straightforward claims process, and the backing of AXA, one of the most renowned travel insurance brands worldwide. When you factor all of that into the cost of travel insurance, you can certainly get cheaper insurance, but for the sake of a pound or two, is it worth the hassle?
We are proud to be open and clear when it comes to our cover levels and have no hidden surprises. See our cover level table below for a full breakdown: