How to find the best travel insurance

Last updated:

We value our editorial independence, basing our comparison results, content and reviews on objective analysis without bias. But we may receive compensation when you click links on our site. Learn more about how we make money from our partners.

Rest easy with the protection you need at a price that won’t stress your budget.

The best travel insurance policy differs by traveler and trip. But key strategies can help you narrow down the type and amount of coverage you need while taking in the sites and adventures of the world.

  • Trip cancellation: 100% of insured trip cost
  • Trip interruption: 100% of insured trip cost
  • Trip delay: $500
  • Medical expense benefits: $15,000

Our top pick: Travelex Travel Basic

Essential travel coverage — with the option to customize — that can protect the cost of your trip.

  • A+ BBB rating
  • Get a quote instantly
  • Over 50 years of experience

Compare travel insurance policies

Name Product Trip Cancellation Emergency Medical Expenses Baggage Coverage Trip delay
Allianz Travel OneTrip Emergency Medical Plan
Budget-friendly policy designed for international and domestic travelers who want medical protection. Trip cancellation and trip interruption not included.
Allianz Travel AllTrips Basic Plan
Annual policy that offers affordable protection, but doesn't include trip cancellation or trip interruption.
Travelex Travel Basic
Essential travel coverage — with the option to customize — that can protect the cost of your trip.
Travelex Flight Insure
Protect the cost of your flight and choose the coverage amount that meets your needs — trip delay protection included.
RoamRight Essential Travel Insurance Plan
Basic policy with coverage that includes trip cancellation insurance, tourist health insurance and baggage insurance.

Compare up to 4 providers


How to choose the best travel insurance company

Finding a top insurer that meets your travel needs comes down to your own coverage requirements and budget. Look for a company that answers six crucial questions.

Four ways to find the best travel insurance

1. Understand the type of coverage you actually need.

Whether you’re going for a luxurious holiday or keeping it simple with backpacking, a range of policies out there can suit your every need. There’s no point forking out cash for luggage coverage if you plan to carry your things on your back.

2. Don’t be tricked by cheap policies.

A mistake many travelers make is purchasing a policy based on its price tag alone. The cheapest option can mean that you’re not covered for important events, which may result in hefty out-of-pocket expenses if something happens on your trip.

3. Read between the lines.

Carefully read the fine print to avoid paying for coverage you don’t need, and ask about exclusions to make sure each country, adventure and stay on your itinerary is included.

4. Compare a range of providers.

The best way to find travel insurance that fits your plans and budget is by comparing policies from different insurers. After you’ve determined the coverage you need, you can narrow down the cheapest deal you’re eligible for.

What does my policy cover?

Read up on common features of travel insurance policies — and essential extras —to find a policy that fits the bill.

Feature How can it help me?
Overseas hospital expenses Covers expenses if you have an accident or fall ill overseas. Look for a policy with a high limit for emergency medical and dental.
24-hour emergency assistance Pays for ambulance fees, funeral arrangements and messages to family, no matter what time of day or night.
Luggage and personal items Covers costs that arise if your bags or belongings are lost or damaged while traveling.
Cancellation Covers expenses related cancellations of flights, tours and other prepaid travel. Conditions for cancellations vary among insurers, so read the fine print.
Travel delays Covers you if a flight is delayed for 12 hours or more.
Family emergency Covers additional expenses related to traveling and accommodations if your traveling partner becomes seriously ill or injured.
Dental Pays for dental services if you experience acute pain while traveling.
Hospital cash allowance Provides a cash benefit for a specific number of days if you’re required to stay in hospital while overseas.
Accidental death A lump sum benefit paid for accidental death that occurs on your journey or within the 12-month period that follows.
Loss of income Pays a benefit to help you cope with bills that result from an injury or illness while on your trip that keeps you from working once home.
Fraud Covers replacement costs following the loss and use of your credit card on your journey.
Alternative transport Compensates you for additional transportation to a wedding, funeral, conference or other select events you take because of a delay.
Personal liability Covers legal liability for any claims made against you following bodily injury or damage to property. Be wary low-cost travel insurance policies that offer too low a limit to reasonably cover common situations.
Rental vehicle deductibles Pays for deductibles on a rental car following a crash, damage or theft.

What do I look for in a policy?

Rather than sign up for the first policy you see, make sure it covers your plans, lifestyle and health before reaching for your wallet:

  • Coverage for pre-existing conditions. Not all insurers treat pre-existing medical conditions the same. Your policy’s description should clearly state what’s covered. If your condition isn’t, contact the insurer to discuss other options.
  • Coverage for expensive items. Many policies allow you to register high-value items for additional coverage, but know the sublimit for each. You may find that you have $10,000 in coverage but a claim limit of $1,500 per item.
  • Coverage for your family. Most policies allow you to include your spouse, children or grandchildren on your policy provided they are traveling with you for the duration of the journey.
  • Understand depreciation. When reviewing claims for lost or damaged luggage and other valuables, many insurers consider wear and tear when determining how much they’ll pay. Review the conditions of depreciation in your policy.
  • Consider your deductible. Most policies allow you to pay a small fee to waive the deductible you’d pay after a claim. With fees as low as $25, it’s worth considering while applying.

Travel banner

Single trip or annual trip travel insurance?

If you’ve booked more than a couple trips this year, think about annual multitrip travel insurance.

Single trip Annual multitrip
  • Good for covering specific medical situations or sports activities.
  • Coverage can last for up to 12 months.
  • Suitable for travelers age 65 or older.
  • Good for frequent travelers that travel at least three times a year.
  • Can provide cover for multiple destinations.
  • Covers individual trips of 45 to 90 days.

Can I find coverage if I have a pre-existing medical condition?

Yes, but you may need to shop around. Many travel insurers will cover you for select pre-existing conditions without making you purchase additional coverage. Inform your insurer about your pre-existing condition when applying.

Can I get travel insurance if I’m a senior?

Yes. But your insurer may require a specialized policy for senior travelers or an extra round of medical underwriting to determine risks that come with age.

Frequently asked questions about finding the best travel insurance

Read more on this topic

  • Travel insurance for Bali If you’re traveling to Bali, travel insurance can provide the coverage you need to enjoy your vacation without worrying about things going wrong. Compare your travel insurance options at to find the right policy for your needs.
  • Travel insurance for China Whether it’s the Great Wall of China, the Terracotta Warriors, the beautiful nature or the impossibly cute pandas that have you planning a vacation Asia’s giant, travel insurance is a must for your trip to China.
  • Travel insurance for Australia Read our guide to get travel insurance quotes from top providers for Australia, find out how it works and save on a policy for your upcoming trip.
  • Travel insurance for Papua New Guinea Traveling to Papua New Guinea? Learn about what travel insurance will (and won't) cover and get quotes from top providers.
  • Travel insurance for the Dominican Republic Get quotes from top providers and find out what a comprehensive policy will (and won't) cover on your upcoming trip to the Dominican Republic.
  • Travel insurance for Turkey Heading to Turkey? Get quotes from leading providers and find out what a comprehensive policy will (and won't) cover on your upcoming trip.
  • Travel insurance for Vietnam Compare top insurance providers for Vietnam and learn key travel tips. Find out what risks to avoid in Vietnam and how the right policy can protect you.
  • Travel insurance for the UK Get quotes from top providers and find out what a comprehensive policy will (and won't) cover on your upcoming trip to the United Kingdom.
  • Travel insurance for the Philippines This guide looks at the attractions and dangers of this beautiful part of South East Asia and why travel insurance is not only advisable, but vital to have.
  • Travel insurance for Norway Get quotes from different brands and learn about what a comprehensive policy can protect you from on your upcoming trip to Norway.

Ask an Expert

You are about to post a question on

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and Terms of Use.

Questions and responses on are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site