With the uncertainty of today's world, those planning trips abroad are seriously considering adding a travel insurance policy. A study by the U.S. Travel Insurance Association notes Americans spend nearly $4 billion in policies every year. But how can you tell if you are getting the best possible plan for your dollar?
Instead of purchasing a travel insurance policy from an airline or other travel provider, many turn to an aggregator to compare their options. TravelInsurance.com is one of the more popular websites to offer policies from a number of insurance companies. With one form, travelers can compare multiple quotes to cover their next adventure.
In this article, we’ll go over all the options TravelInsurance.com has to offer, and how you might be able to find the right plan on their platform.
Founded in 2012, TravelInsurance.com is one of several travel insurance marketplaces catering to American travelers. As an insurance agency, the company is licensed to do business in all 50 states and Washington, D.C. In California, the company does business as “DigiVentures Holdings Insurance Agency LLC,” while in New York they are listed as “TravelInsurance.com Agency.”
Because they are an insurance agency, they do not underwrite any of their own insurance products. Instead, they are a third-party agent selling products offered by several different companies.
For most policies, there are no age limits -- travelers of any age can apply for and receive a short-term plan that will cover their next trip. Popular plans include coverage for trip cancellation, trip delay and baggage loss.
Some plans may also include medical care, which include emergency medical care, hospitalization and medical evacuation. However, these plans are typically non-compliant with the Affordable Care Act, and may not be accepted by your doctor for concerns that come from a trip. In addition, medical travel insurance plans usually only cover individuals when they are outside of the United States.
As a travel insurance marketplace, TravelInsurance.com offers numerous plans from several different companies. Their travel insurance providers are:
On the website, shoppers can search multiple plans once based on their trip: What countries they are visiting, how many travelers are going, their ages, and the length of their trip. With this information, the site will display offers from many of the different companies, all with different premiums and coverage maximums.
Although the website offers coverage from fewer travel insurance companies than other marketplaces, the companies are all well-known and present a good range of selections for consumers. For example: Some providers may offer coverage in nations others exclude, while others may offer higher maximums and lower deductibles.
Most travel insurance plans offer a basic level of coverage under all of their plans. At the minimum, you can expect to get trip cancellation coverage, trip interruption coverage, baggage delay and loss coverage, and some medical coverage.
In addition to the benefits available from your selected travel insurance plan, you may also have the option to add additional coverage. The most common add-ons include cancel for any reason, hazardous activity waivers and pre-existing condition coverage.
It’s usually best to purchase travel insurance as you plan your trip, because you will not only get the best price but also qualify for additional add-on coverage, including cancel for any reason or pre-existing condition coverage. As you start purchasing tours, airfare and hotel rooms, you should also start searching for travel insurance.
To shop for travel insurance, you will need to provide basic information about your trip. This includes your total trip cost, primary destination, trip dates, the number of travelers and their age, along with citizenship and residency information. You will also be asked for the date of your first trip deposit, to see if you qualify for early purchase options.
With this information, TravelInsurance.com will provide several options from their partners, each with different levels of protection. You can filter the results based on what’s important to you, including baggage policies, car rental collision coverage, emergency medical evacuation, or pre-existing condition exclusion waivers. This gives you control over which benefits matter most, and allows you to compare levels and price against one another.
Once you’ve selected a travel insurance plan, you will continue to purchase. During this phase, you will be asked to provide:
After providing payment from a credit or debit card, your travel insurance policy will be confirmed with the insurance company, and you will have coverage for your upcoming trip.
If you need to add additional coverage for additional travel-related purchases, such as additional tours, event tickets or car rentals, you can contact TravelInsurance.com to purchase additional coverage.
Once your travel insurance plan is processed by your provider of choice, you will receive paperwork from the company. It is critical that you carry your insurance paperwork with you as you travel, as it will provide contact information for claims and serve as a guarantee-to-pay at hospitals.
Transactions on the TravelInsurance.com website are secured using RSA 2048-bit SSL technology. The company also utilizes DigiCert security services with Norton protection, ensuring private and personally identifiable information both to the website and their partners are protected with a secure connection.
As a travel insurance agent, TravelInsurance.com is well rated on both Trustpilot and ShopperApproved. As of May 8th, 2023, their current rating at Trustpilot is 4.6 stars with thirty four reviews (thirty one being five-star reviews), while ShopperApproved gives them 4.9 stars based on over 96,000 ratings. Many of the negative ratings on ShopperApproved are not with their customer service, but rather with the service of the insurance companies. Other complaints are around specific coverage options, including the lack of options for the current pandemic.
The company currently holds an A+ rating with the Better Business Bureau, and has been accredited by the organization since 2012. The company is also a member of the main industry travel group, the U.S. Travel Insurance Association.
For travelers searching for a well-rounded travel insurance policy, TravelInsurance.com offers a number of great options with an easy-to-navigate interface. While it may not offer as many options as other travel insurance providers, the well-recognized names they work with and easy interface makes finding the right policy an easy experience from start to finish.
Yes - TravelInsurance.com is a licensed travel insurance agency in all 50 states and the District of Columbia. The company is rated A+ by the Better Business Bureau, and maintains high rankings with ShopperApproved.
TravelInsurance.com does not directly offer travel insurance -- instead, the company sells policies from 13 different insurance companies. Once you select and purchase an insurance plan, your policy will be maintained by the insurance companies.
TravelInsurance.com works with some of the most respected insurance companies, including AXA Assistance USA, Generali Global Assistance, Seven Corners Travel Insurance and Travelex Insurance Services.